EMA Partners IPO opened for subscription on January 17, 2025, and closed on January 21, 2025.
It was a book-built issue of ₹76.01 crore. The issue was a combination of a fresh issue of 53.34 lakh shares aggregating to ₹66.14 crores and an offer for sale of 7.96 lakh shares aggregating to ₹9.87 crores. The EMA Partners IPO price band was set at ₹117 to ₹124 per share.
On Day 3 of subscription, January 21, as of 6:19 PM, EMA Partners IPO was subscribed 221.06 times. QIBs subscribed 147.69x, NIIs subscribed 444.08x, and retail investors subscribed 167.35x.
The share allotment was finalised on January 22, 2025, and the shares were listed on NSE SME on January 24, 2025.
On the listing day, on the NSE, EMA Partners share price opened at ₹156.50, up from its issue price of ₹124. At 10:06 AM, the share price was trading at ₹148.70, down by 4.98% from its opening price of ₹156.50. As of the same time, the stock touched its day’s high at ₹158.80 and day’s low at ₹148.70 so far. The company’s market cap was ₹345.67 crore.
EMA Partners India Limited is an executive search firm specialising in tailored leadership hiring solutions for clients across various sectors. The company has successfully recruited numerous business and functional leaders for both domestic and international clients.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 24, 2025, 10:13 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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