About Emiac Technologies IPO
Emiac Technologies IPO Details
Emiac Technologies IPO is a 100% book-built issue of 30.72 lakh equity shares worth up to ₹31.75 crores, which is entirely a fresh offer with a face value of ₹10 per share. The company filed its DRHP with SEBI on September 30, 2025.
The price band of this issue is set at ₹93 to ₹98 per share and the lot size for an application is 1,200 shares. The IPO will be open for subscription from March 27 to April 8, 2026, supposed to be listed on the BSE SME platform, with a tentative listing date fixed as Apr 13, 2026. The book-running lead manager (BRLM) to this issue is Smart Horizon Capital Advisors Private Ltd., while the registrar to the issue is Bigshare Services Private Ltd.
Emiac Technologies IPO Date & Timeline
The Emiac Technologies IPO is officially set to open for subscription on Mar 27, 2026 and will close on Apr 8, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on September 30, 2025 and has now finalised its schedule following SEBI approval. Once the subscription window closes, the finalisation of the basis of allotment is expected on Apr 9, 2026. Following this, the company will initiate refunds and credit shares to successful investors' demat accounts on April 10, 2026. Finally, the Emiac Technologies Ltd. shares are tentatively scheduled to list on the stock exchanges on Apr 13, 2026.
Emiac Technologies IPO Timeline
| IPO Open Date | Fri, Mar 27, 2026 |
| IPO Close Date | Wed, Apr 8, 2026 |
| Tentative Allotment | Thu, Apr 9, 2026 |
| Initiation of Refunds | Fri, Apr 10, 2026 |
| Credit of Shares to Demat | Fri, Apr 10, 2026 |
| Tentative Listing Date | Mon, Apr 13, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Emiac Technologies IPO Details
| Detail | Description |
|---|---|
| IPO Date | 27 Mar to 8 Apr, 2026 |
| Listing Date | Mon, Apr 13, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 93 to ₹ 98 |
| Lot Size | 1,200 Shares |
| IPO Type | Fresh Capital |
| Total Issue Size | 32,40,000 shares (agg. up to ₹ 32 Cr) |
| Reserved for Market Maker | 1,68,000 shares (agg. up to ₹ 2 Cr) Shreni Shares Ltd. |
| Fresh Issue(Ex Market Maker) | 30,72,000 shares (agg. up to ₹ 30 Cr) |
| Net Offered to Public | 30,72,000 shares (agg. up to ₹ 30 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 90,03,149 shares |
| Share Holding Post Issue | 1,22,43,149 shares |
Emiac Technologies IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Emiac Technologies IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹98, which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor interest, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Emiac Technologies GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2026-03-25 | ₹98.00 | ₹0 | 2026-03-25 |
Company Background
Emiac Technologies Ltd. was incorporated as a private limited company on January 20, 2017, in Jaipur, Rajasthan. Over the years, the company has evolved from a private entity into a public limited company, officially changing its name to Emiac Technologies Ltd. in December 2024.
The company has positioned itself as a technology-enabled partner for brands looking to establish a sustainable digital presence. From its early days of providing core digital services, it has grown into an integrated solutions provider that utilises artificial intelligence to optimise client operations.
Operations & Product Range
Emiac Technologies Ltd., an AI-powered service delivery model, has been designed around four main pillars: content creation, branding and online reputation management, digital marketing and technical services, including business automation. This mode of service delivery has been designed to be a one-stop shop for businesses that seek solutions for digital transformation.
The company works with various clients, helping them grow efficiently through their digital strategies. With their creative content and technological capabilities in automation, they aim to provide result-driven solutions that address the immediate needs of businesses and their future potential.
Facilities & Capacity
Emiac Technologies Ltd. was mostly operating from its registered office in Jaipur, Rajasthan and it has a technology-intensive infrastructure. The DRHP has mentioned substantial plans for expanding its operational infrastructure. This includes setting aside a special budget of ₹584.88 lakhs for purchasing new computers, laptops and their accessories, along with software subscriptions and cloud hosting services. This would help the company cater to its expanding employee strength and the rising technology requirements of its AI-based services.
Brands & Market Presence
Emiac Technologies Ltd. has achieved a significant footprint in the digital solutions arena, especially in scalable branding and reputation management. The company is operating within a competitive environment, but it has achieved a significant footprint in the market due to its holistic approach to digital marketing and technology solutions. The company enables creators and brands to build a sustainable digital presence and is a vital partner for creators and the digital economy in India.
Revenue Streams & Business Model
The primary source of income for Emiac Technologies Ltd. is the provision of digital services and solutions. In FY25, the total income of the company was ₹2,005.69 lakhs, which indicates a significant rise from ₹538.38 lakhs in FY24 and ₹295.03 lakhs in FY23.
Long-term digital management contracts and technical automation projects provide income for the business model. By utilising AI, the company aims to maintain high operational efficiency, which is indicated by an increase in PAT from ₹38.80 lakhs earned in FY23 to ₹421.91 lakhs earned in FY25.
Management & Shareholding
Emiac Technologies Ltd. is led by its promoters, including Divya Gandotra, Shivam Bhateja and Dushyant Gandotra. Before the IPO, the promoters and the promoter group held 68% of the pre-issue equity share capital, but after the IPO, this shareholding will be diluted as new equity is issued to the public, though the promoters will continue to maintain a significant leadership and ownership stake in the company.
Board & Key Management
The leadership team of Emiac Technologies Ltd. includes Shivam Bhateja, who holds the positions of Chairman and Non-Executive Director. The Managing Director of the company is Divya Gandotra. Dushyant Gandotra holds the position of Non-Executive Director. The leadership team of the company is supplemented by the presence of Non-Executive Independent Directors, including Chetan Kumar Joshi and Rachana Agarwal, CFO Suresh Chand Yadav and CS Shivani Gupta.
Emiac Technologies IPO Financial Information
Latest Revenue
14.49
₹ Crore
Profit After Tax
4.55
₹ Crore
Net Worth
13.57
₹ Crore
Total Borrowing
1.3
₹ Crore
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 20.08 | 14.49 | 4.55 | 13.57 | 4.57 | 1.3 | |||
| 31 Mar 2025 | 16.94 | 20.06 | 4.22 | 9.03 | 7.32 | 0.01 | |||
| 31 Mar 2024 | 3.19 | 5.38 | 0.84 | 1.31 | 1.3 | 0 | |||
| 31 Mar 2023 | 1.51 | 2.95 | 0.39 | 0.47 | 0.46 | 0 | |||
| Amount in ₹ Crore | |||||||||
Emiac Technologies Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.26% |
| ROCE | 40.91% |
| Debt/Equity | 0.09 |
| RoNW | 33.52% |
| PAT Margin | 32.20% |
| EBITDA Margin | 43.81% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.69 | 7.43 |
| P/E (x) | 20.91 | 13.19 |
Emiac Technologies IPO Objectives
Emiac Technologies Ltd. intends to utilise the net proceeds from the fresh issue for several strategic purposes.
- • Funding the working capital requirements
- • Capital expenditure on hardware and cloud infrastructure
- • Investing in hiring new manpower to strengthen the manufacturing team
- • Branding and marketing activities to increase its market reach
Emiac Technologies IPO Review
Emiac Technologies Ltd. is operating in a rapidly expanding digital environment. The company operates in a rapidly expanding sector of the industry, with projections suggesting that India’s creator economy will drive over ₹83 lakh crore in expenditures by 2030. Emiac’s emphasis on AI-driven automation solutions aligns with the latest global trends towards efficient marketing solutions.
Financially, the company’s revenue has grown nearly sevenfold between FY23 and FY25, while profit after tax has scaled from ₹38.80 lakhs to ₹421.91 lakhs. This indicates a strong momentum in business acquisition and operational scaling. Moreover, the company has to constantly innovate in the industry due to the high rate of technological changes, which can lead to obsolescence. Like any other SME IPO, there could be different liquidity risks in the BSE SME platform.
Conclusion
Emiac Technologies IPO provides an opportunity for investment in a firm that is deeply embedded in India's digital revolution journey. With a strong base in Jaipur and a plan in place for using the IPO funds for infrastructure and human resources, the firm is gearing up for its next phase of growth. Investors will be keenly observing how this AI-enabled firm performs in public markets.
Frequently Asked Questions
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
It provides a one-stop shop for all our content and technical automation capabilities
Market Leader: 57% share in liqueur imports; largest BIO wines importer.
Strategic Location and Low Cost Base, which gives us a competitive cost structure in delivering digital services
Growing capacity and improving our market presence
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,58,400 |