EMA Partners India IPO, which opened on January 17 and closed on January 21, was subscribed 221.06 times. The allotment of shares is finalized today, January 22, with listing set for January 24. The company’s IPO price was ₹124, and its grey market premium suggests a healthy debut.
EMA Partners India Ltd, a leading executive search and recruitment consultancy based in India, is set to finalize its IPO share allotment today, January 22, 2025. The company, which specializes in providing executive search services to global corporations, has received an overwhelming response to its initial public offering (IPO). The subscription was a massive 221.06 times, highlighting investor confidence in the company’s future prospects.
The subscription for the IPO opened on January 17, 2025, and closed on January 21, 2025. With the IPO’s strong demand, EMA Partners is expected to have a robust debut on the stock exchange. Investors who applied for the issue can now check their allotment status on Bigshare Services Pvt Ltd, the registrar handling the IPO process.
Those who have been allotted shares will see them credited to their demat accounts on January 23, 2025, ahead of the anticipated listing on January 24, 2025. The listing will take place on the NSE SME platform. Investors who were not allotted shares will receive a refund process beginning on the same day.
The grey market premium (GMP) for the EMA Partners IPO stands at ₹60 as of today, indicating a premium of around 48.39% above the issue price of ₹124. With the current trend in the grey market, EMA Partners shares are expected to list at ₹184, significantly higher than the IPO price, which signals a positive reception from market participants.
EMA Partners India’s IPO raised funds to fuel its expansion plans and improve its service offerings. The company provides recruitment services to top-tier clients, including multinational corporations, across various sectors like IT, healthcare, finance, and manufacturing. The company’s reputation for connecting global talent with businesses has fueled its growth, making it one of the key players in the executive recruitment space in India.
Investors are eagerly awaiting the finalization of the share allotment and the upcoming listing, which is expected to be a significant event for the company and its stakeholders.