EMS Limited IPO Allotment Status

EMS Limited IPO Allotment Status:- On September 15, 2023, EMS IPO allotment status will be made public. By visiting https://ris.kfintech.com/iposttatus/ and using their application number, Demat account information or PAN (Permanent Account Number), investors who purchased EMS Limited shares between September 8 and September 12 of 2023 can verify their award status. Read on to learn how to check the allotment status of EMS Limited IPO.

The EMS public offering (IPO) has generated extremely high levels of excitement as investors wait to discover the status of its allotment. The IPO process will be completed on September 18, 2023 and will be followed by the start of the allocation phase. To help you check the status of your share allocation for the EMS IPO, this document covers the procedures and approaches used. Just read this article till the end to understand more about the EMS IPO allotment including the important dates.

The IPO of EMS Limited began on September 8 and ended on September 12. This major IPO received several requests from investors. 70 shares made up each lot in the EMS Limited IPO. Thus, 70 shares of EMS Limited, valued at INR 14,770, were contained in 1 lot of the company. All investors are eager to know the allotment status now that the company has officially concluded the initial public offering of EMS Limited. Through the registrar’s website, you can check the allotment status of the IPO of EMS Limited. The registrar of the IPO of EMS Limited is Kfin Technologies.

EMS Limited, a leading company in its sector, has received a significant response from investors during the subscription period. The status of the award will determine the number of shares allocated to each investor and provide valuable information about demand for the company’s shares. Investors are advised to stay updated with the official website and other authoritative sources for latest updates on the allotment status of EMS Limited IPO. This information will help investors make informed decisions regarding their investments and will further contribute to the success of this highly anticipated IPO.

EMS Limited IPO Allotment Status Overview

EMS Limited IPO Allotment Date

On September 15, the IPO of EMS Limited will be distributed. The methods listed above make it easy for investors to check the status of their allocations. As a result of the company’s successful performance over the previous three financial years, many investors positively assessed the initial public offering of EMS Limited. According to the data, in its data 3 (September 11), this large IPO was subscribed approximately 75.28 times. Overall, NIIS and retail investors have shown great support for the EMS Limited IPO.

EMS Limited Award Date

Turnkey water and wastewater collection, treatment and disposal services are provided by multi-disciplinary firm EPC EMS Limited. Water transmission and distribution systems, water treatment facilities, wastewater treatment facilities and other projects are included in EMS Limited’s water and wastewater projects. Among the services offered by The EMS Limited are the design and installation of pipelines, wastewater treatment facilities, wastewater pumping stations. , etc. Please visit the official website of EMS Limited company for more details.

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EMS Limited IPO Share Price

The share price of EMS Limited fluctuates between INR 200 and INR 211. The lot size for the IPO of EMS Limited was calculated based on this share price. Shares of EMS Limited have a face value of INR 10 each. EMS Limited submitted an offer for sale for INR 175 crore.

EMS Limited will use the proceeds from this offering for general corporate activities and to meet working capital needs. As of March 31, 2023, EMS Limited reported having INR 638.72 in assets. As of March 31, 2023, EMS Limited has a net worth of INR 487.83 crore.

Important dates for the EMS IPO

Basis of allotment (September 18, 2023): The completion of the distribution of shares to investors will take place on that day. This is the day you will know how many shares you received from the EMS Limited IPO. For investors, this is a crucial moment as it clarifies their investment in the IPO.
Refunds (September 19, 2023): Refunds will be processed that day if you did not receive your full allocation or if there was a problem with your request. This is the day you will receive any additional funds you have invested in stocks.
Credit to Demat Account (September 20, 2023): On this day, the shares allotted to you will be credited to your Demat (dematerialized) account. Your Demat account serves as a kind of virtual safe for your shares, making management and trading simple to explain.
Listing Date (September 21, 2023): Today marks the official listing of EMS Limited shares on the stock exchange. It is the time when the general public can market them. On this day, EMS Limited shares become tradable by investors, beginning their existence as publicly traded securities.

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EMS Limited IPO Allotment Status Online Check

By visiting the official website of Kfin Technologies Limited, investors who have applied for EMS Limited IPO can check their allotment status online. Additionally, there are three ways to check the EMS Limited IPO allotment provided by the registrar: using application number, PAN and Demat account.

Visit the official website of Kfin Technologies Limited.
From the list of available IPOs, choose EMS Limited by clicking on IPO Allotment Status.
Choose application number, PAN or demat account method to view allotment status.
Enter the application number and captcha to access the assignment.
Enter PAN number and captcha to access PAN allotment.
To view allocation in Demat Account, select NSDL/CDSL, enter DPID, Client ID and captcha.

The EMS Limited IPO allotment status will appear after the correct information is entered on the registrar’s website, allowing investors to determine whether they have received the allotment or not. They will receive a refund on September 18 if they have not received the limited IPO allocation from EMS.

By contrast, if they were allotted shares for the EMS Limited IPO, they would be credited on September 20 and listed the next day. Download the company’s RHP and DRHP prospectuses for more information on the IPO of EMS Limited.

Conclusion

Investors who have applied for shares in the company’s initial public offering are eagerly awaiting the allotment status of the IPO of EMS Limited. The status of the award will determine the number of shares each investor will receive based on their request. This information is crucial for investors as it will allow them to plan their investment strategy accordingly. Investors are advised to periodically check the company website or contact their respective brokers to stay updated on the status of the allotment of the EMS Limited IPO. It is important to note that the adjudication process may take some time, so patience is necessary during this period.

EMS Limited IPO Allotment Status FAQ

Why is the IPO not assigned?

Filling out the application form with incorrect or invalid information is a common cause of rejection of an IPO application. This often arises from typos or oversights, but can result in missing an award opportunity. Therefore, it is essential to diligently complete the application form.

What time is the IPO granted?

In approximately 7 days, the IPO registrar finalizes and confirms the award of the bid to the selected bidders. The IPO allotment status can be checked through the registrar’s website. It can also be found on the NSE or BSE websites.

What is the timing of ASBA’s IPO?

ASBA IPO Application Time: 10am of the issue opening date. ASBA Cut-Off Time: 5 pm on the issue closing date (many banks only allow until 2-3 pm on the last day).