Wednesday, Mar 19 2025 | Time 01:57 Hrs(IST)
Business EconomyPosted at: Jan 16 2025 5:31PM


EMA partners India to open IPO on Jan 17, to raise Rs 76 cr

Mumbai, Jan 16 (UNI) Mumbai-based EMA Partners India Limited on Thursday said it is looking to raise Rs 76 crore on the NSE's Emerge platform through an initial public offering, which will open for public subscription on Friday.
The IPO will be open for subscription on Friday, January 17, 2025 and close on Tuesday, January 21, 2025 with price band ranging between Rs 117-124. The proceeds of the Fresh Issue will be utilised for building of leadership team, upgrading IT infrastructure, debt repayment and General Corporate Purpose and Unidentified Acquisitions a statement issued by company said here on Thursday..

The IPO comprises of Fresh Issue of up to 53,34,000 Equity Shares, aggregating up to Rs 66.14 Crores and an Offer For Sale (OFS) of up to 7,96,000 Equity Shares by the Promoter Selling Shareholders viz. Krishnan Sudarshan and Subramanian Krishnaprakash and Individual Selling Shareholder, Shekhar Ganapathy.

EMA Partners India Limited is one of the leading executive search firms delivering customised leadership hiring solutions to a wide range of clients across diverse sectors. The company has recruited several business and functional leaders for domestic and international clients. The revenue from operations and Profit after tax of the Company for the Fiscal 2024 was INR 67.29 crores and INR 14.27 crores, respectively.
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Tags: #EMA partners India to open IPO on Jan 17# to raise Rs 76 cr
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