IPO Synopsis


eMudhra Ltd

Registered Office: No 56 3rd Floor Sai Arcade,Outer Ring Rd Devarabeesanahal, Bangalore - 560103, Karnataka, India.
Phone : 91-080-4227 5300   Fax:
Email :  companysecretary@emudhra.com  
Website :  www.emudhra.com

Initial public offering of 16,124,456 equity shares* of face value of Rs. 5 each ("Equity Shares") of eMudhra Limited (the "Company" or the Issuer") for cash at a price of Rs. 256 per equity share (including a share premium of Rs. 251 per equity share) ("Offer Price") aggregating to Rs. 412.79 crores* (the "Offer") comprising a fresh issue of 6,289,062 equity shares* aggregating to Rs. 161.00 crores by the company (the "Fresh Issue") and an offer for sale of 9,835,394 equity shares* aggregating to Rs. 251.79 crores* comprising of 3,289,257 equity shares* aggregating to Rs. 84.21 crores* by Venkatraman Srinivasan and 4,516,246 equity shares* aggregating to Rs. 115.62 crores* by Taarav Pte Limited (collectively, the "Promoter Selling Shareholders"),"510,638 equity shares* aggregating to Rs. 13.07 crores* by Kaushik Srinivasan, 504,307 equity shares* aggregating to Rs. 12.91 crores* by Lakshmi Kaushik, 881,869 equity shares* aggregating to Rs. 22.58 crores* by Arvind Srinivasan and 133,077 equity shares* aggregating to Rs. 3.41 crores* by Aishwarya Arvind (collectively, "Other Selling Shareholders and together with the promoter selling shareholders the "Selling Shareholders") and such offer for sale by the selling shareholders, the "Offer for Sale"). *Subject to basis of allotment. The face value of equity shares is Rs. 5 each. The offer price is 51.20 times the face value of the equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
20-May-22 24-May-22 256.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 58   Further Multiples of : 58
  Rs(Cr.) Lead Managers to the Issue
Project Cost 133.13 IIFL Securities Ltd
Project Financed through Current Offer 412.79  
Post Issue Equity Share Capital 39.04  
Issue Price 256.00  

Project

  • Repayment or Pre-Payment,in full or in part, of all or Certain Borrowings Availed by the Company
  • Funding Working Capital Requirements of the Company
  • Purchase of Equipments and Funding of Other Related Costs for Data Centers Proposed to be set up in India and Overseas Locations
  • Funding of Expenditure Relating to Product Development
  • Investment in eMudhra INC for Augmenting its Business Development Sales, Marketing and Other Related Costs for Future Growth
  • General Corporate Purposes

Promoted By

Venkataraman Srinivasan

Taarav Pte Ltd

Listing At

BSE

NSE

Registrar to the Issue

No Data Available