eMudhra IPO, Review, IPO Performance by IPOPlatform India

About eMudhra

Company Information

eMudhra Limited is the largest licensed Certifying Authority (CA) in India, holding a 37.9% market share in the digital signature certificates market as of Financial Year 2021, up from 36.5% in FY 2020, as per a report by Frost and Sullivan. The company is involved in providing Digital Trust Services and Enterprise Solutions to individuals and organizations across various industries. Its Digital Trust Services include issuing a range of certificates, such as individual/organizational certificates, SSL/TLS certificates, and device certificates used in IoT applications, thereby creating a digital trust infrastructure. Under its Enterprise Solutions vertical, the company offers a comprehensive portfolio of Digital Security and Paperless Transformation Solutions, positioning itself as a one-stop-shop for secure digital transformation, providing services from certificate issuance to identity, authentication, and

Object of Issue

Repayment or pre-payment, in full or in part, of all or certain borrowings
Funding working capital requirements
Purchase of equipments and funding of other related costs for data centers proposed to be set-up in India and overseas locations
Funding of expenditure relating to product development
Investment in eMudhra INC for augmenting its business development, sales, marketing and other related costs for future growth
General corporate purposes

eMudhra MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Jun, 2022

IPO Size :

412.79 Cr.

Market Cap :

1998.65 Cr.

IPO Subscription :

2.72 X

PE Multiple :

49.42

Merchant Banker :
Indorient Financial Services Limited

IPO Registrar:
Link Intime India Private Limited

FAQs

1. What is eMudhra IPO?

eMudhra operates in Information Technology - Data Solutions and Providing Digital Trust Services And Enterprise Solutions. The Issue is listed on MainBoard in Jun, 2022. eMudhra IPO size was 412.79 Cr. with Issue price of 256.00 .

2. Who is the merchant banker of eMudhra IPO?

Merchant Banker(s) of eMudhra IPO: Indorient Financial Services Limited , Iifl Securities Limited , Yes Securities (India) Limited

3. How many times eMudhra IPO was subscribed?

eMudhra IPO subscription was 2.72 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of eMudhra IPO?

eMudhra IPO listed at a listing price of 258.85 against the offer price of 256.00.

5. What is the current market price of eMudhra IPO?

The current market price of eMudhra is 852.35.