Emiac Technologies
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 13 Apr 2026 | ₹0 | 0.00% | ₹0 | ₹98 | ₹0 |
| 12 Apr 2026 | ₹0 | 0.00% | ₹0 | ₹98 | ₹0 |
| 11 Apr 2026 | ₹0 | 0.00% | ₹0 | ₹98 | ₹0 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 27 Mar 2026 – 08 Apr 2026
- Listing date
- 13 Apr 2026
- Face value
- ₹10 per share
- Price band
- ₹93 – ₹98
- Issue price
- ₹98 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹31.75 Cr
- Market cap at offer price
- ₹120 Cr
- Promoter holding
- 68.00% → 50.01% pre-issue → post-issue
- ISIN
- INE1OSW01015
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Smart Horizon Capital Advisors Pvt.Ltd.
- Registered office
- Plot No.102, Maa Karni Nagar, Amrapali Marg, Vaishali Nagar Extension, Panchyawala, Rajasthan
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 8,88,000 | — | — |
| Market maker | 1,68,000 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹98
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,17,600 |
| S-HNI (min) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (min) | 9 | 10,800 | ₹10,58,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹98 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 4.69 | 7.43 |
| P/E (×) | 20.90 | 13.19 |
| Price to book (×) | 1.32 | — |
| Market cap | — | ₹120 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 46.74%
- ROCE
- 63.52%
- PAT margin
- 21.25%
- EBITDA margin
- 29.83%
- NAV per share
- ₹74.52
- Price to book
- 1.32
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Emiac Technologies
Emiac Technologies Limited ('Emiac') is a Jaipur-based, AI-driven digital solutions company incorporated on January 20, 2017 as 'Emiac Technologies Private Limited' and converted into a public limited company (name changed to Emiac Technologies Limited) with effect from December 10, 2024. It offers an integrated suite of services spanning content creation, branding & online reputation management, digital marketing, and technical services & business automation, serving corporate clients concentrated in industry verticals such as digital marketing, BFSI, healthcare, IT & technology, education and automobile, across Indian states (e.g., Maharashtra, Karnataka, Delhi) and international markets including the U.S.A., Singapore, UAE, Sweden, New Zealand, China, France and the UK. The company typically operates on an order-to-order basis against purchase orders and has not entered into long-term customer contracts. Revenue from operations grew from Rs. 294.17 lakhs in FY23 to Rs. 531.80 lakhs in FY24 and Rs. 1,985.62 lakhs in FY25, and stood at Rs. 1,412.31 lakhs for the period ended September 30, 2025 (PAT Rs. 454.77 lakhs), with exports contributing 29.07% of FY25 revenue; it had 38 employees as of January 31, 2026. It makes money by billing clients for these digital services, with advertising & marketing expenses (paid largely to third-party platforms/vendors) forming its biggest direct cost.
Company Analysis
from DRHPEmiac Technologies Limited is an AI-driven, technology-enabled digital solutions company that provides brands with content creation, branding & online reputation management, digital marketing, and technical services & business automation.
Emiac Technologies Limited ('Emiac') is a Jaipur-based, AI-driven digital solutions company incorporated on January 20, 2017 as 'Emiac Technologies Private Limited' and converted into a public limited company (name changed to Emiac Technologies Limited) with effect from December 10, 2024. It offers an integrated suite of services spanning content creation, branding & online reputation management, digital marketing, and technical services & business automation, serving corporate clients concentrated in industry verticals such as digital marketing, BFSI, healthcare, IT & technology, education and automobile, across Indian states (e.g., Maharashtra, Karnataka, Delhi) and international markets including the U.S.A., Singapore, UAE, Sweden, New Zealand, China, France and the UK. The company typically operates on an order-to-order basis against purchase orders and has not entered into long-term customer contracts. Revenue from operations grew from Rs. 294.17 lakhs in FY23 to Rs. 531.80 lakhs in FY24 and Rs. 1,985.62 lakhs in FY25, and stood at Rs. 1,412.31 lakhs for the period ended September 30, 2025 (PAT Rs. 454.77 lakhs), with exports contributing 29.07% of FY25 revenue; it had 38 employees as of January 31, 2026. It makes money by billing clients for these digital services, with advertising & marketing expenses (paid largely to third-party platforms/vendors) forming its biggest direct cost.
Objects of the Issue
- Funding requirements towards Purchase of computers, laptops, other related accessories, Purchase of software subscriptions and cloud hosting Rs. 572.14 Lakhs p.28
- Funding Working Capital Requirements of our Company Rs. 880.00 Lakhs p.28
- Hiring of Manpower in our Company Rs. 541.50 Lakhs p.28
- Branding, Advertisement and Marketing activities Rs. 390.00 Lakhs p.28
- General corporate purposes Rs. 474.46 Lakhs p.28
Issue Structure
- Total Issue
- 32,40,000 Equity Shares aggregating to Rs. 3,175.20 Lakhs
- Fresh Issue
- 32,40,000 Equity Shares aggregating to Rs. 3,175.20 Lakhs
- Offer for Sale
- N.A. - Not applicable as the entire issue constitutes fresh issue of equity shares
- Price Band
- Floor Price of Rs. 93/- and Cap Price of Rs. 98/- (final Issue Price: Rs. 98/- per equity share)
- Lot Size
- 1,200 Equity Shares and in multiples of 1,200 Equity Shares thereafter
- Face Value
- Rs. 10/- each
Business Model
Earns revenue from fees for digital services delivered to corporate clients - content creation, branding & online reputation management, digital marketing, and technical services & business automation - typically billed on an order-to-order basis against purchase orders (no long-term contracts); approximately 70.93% of FY25 revenue was domestic and 29.07% from exports.
Business Segments
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Divya Gandotra | Promoter | 33.98% | 24.99% |
| Shivam Bhateja | Promoter | 33.98% | 24.99% |
| Dushyant Gandotra | Promoter | 0.01% | 0.01% |
Leadership
Auto-extracted from the company's DRHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official DRHP before relying on it.