Overview
Emiac Technologies IPO is an SME issue that opened for subscription on 27 Mar 2026 and is now listed. The issue aggregates ₹31.75 Cr.
IPO Details
Emiac Technologies IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to be listed on BSE SME. The issue has a price band of ₹93–₹98 per equity share with a lot size of 1200 shares, translating to a minimum retail investment of ₹1,17,600.
The issue aggregates ₹31.75 Cr, with the subscription window open from 27 Mar 2026 to 8 Apr 2026. Allotment is expected on 9 Apr 2026 and the equity shares are scheduled to list on 13 Apr 2026.
- Type
- SME
- Status
- listed
- Price band
- ₹93–₹98
- Face value
- ₹10 (typical)
- Lot size
- 1200 shares
- Min investment (Retail)
- ₹1,17,600
- Issue size
- ₹31.75 Cr
- Fresh issue
- ₹31.75 Cr
- OFS
- ₹0 Cr
- Exchange
- BSE SME
- ISIN
- TBA
- Sector
- Services
Market Lot
Retail investors must apply for a minimum of one lot and can apply up to the retail cap of ₹2 lakh. NII / HNI investors apply above ₹2 lakh.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1200 | ₹1,17,600 |
| Retail (Maximum) | 1 | 1200 | ₹1,17,600 |
| HNI / NII (Minimum) | 2 | 2400 | ₹2,35,200 |
IPO Reservation
Per SEBI guidelines, Emiac Technologies IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.
| Category | % Reserved | Notes |
|---|---|---|
| QIB | Up to 50% | Mutual funds, FIIs, banks |
| NII / HNI | Up to 15% | Bids ≥ ₹2 lakh |
| Retail | At least 35% | Bids up to ₹2 lakh |
Important Dates
- Issue Open27 Mar 2026 · Subscription opens
- Issue Close8 Apr 2026 · Subscription closes
- Allotment9 Apr 2026 · Basis of allotment finalised
- Refunds Initiated10 Apr 2026 · Funds released for non-allottees
- Listing Date13 Apr 2026 · Shares debut on the exchange
Grey Market Premium
Grey Market Premium for Emiac Technologies is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.
Subscription Status
Emiac Technologies IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.
Allotment Status
Emiac Technologies IPO allotment will be finalised by the registrar (TBA) on 9 Apr 2026. Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.
If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.
About Emiac Technologies
Promoter & Holding Pattern
The promoter and promoter group hold the majority stake in Emiac Technologies prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.
Objects of the Issue
Emiac Technologies IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:
| Purpose | Amount (₹ Cr) | % of Issue |
|---|---|---|
| 100% fresh issue — capacity expansion + working capital + GCP (exact split per RHP) | 31.75 | 100.00% |
Financial Performance
Three-year financial performance for Emiac Technologies (amounts in ₹ Cr):
| Period | Revenue | Expense | PAT | Total Assets | Net Worth |
|---|---|---|---|---|---|
| FY25 | — | — | 4.22 | — | — |
| FY23 | — | — | 0.39 | — | — |
Valuation Snapshot
Key valuation metrics for Emiac Technologies — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.
Peer Comparison
Listed peers in the Services sector with key valuation metrics:
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Affle India / Brightcom Group (digital marketing adjacencies) | — | — | — | — | — |
Anchor Investors
Anchor investor bidding for Emiac Technologies typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.
Lead Managers (Merchant Bankers)
Book-Running Lead Managers (BRLMs) for Emiac Technologies will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.
IPO Registrar
The registrar for Emiac Technologies IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.
Editorial Review
How to Apply for Emiac Technologies IPO
- Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
- Select Emiac Technologies IPO during the bidding window (27 Mar 2026 – 8 Apr 2026).
- Enter bid details — minimum 1200 shares per lot. Retail investors are recommended to bid at cut-off price (₹98).
- Submit UPI ID linked to a SEBI-approved bank.
- Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
- Await allotment on 9 Apr 2026.
- Listing day — shares list on BSE SME on 13 Apr 2026.