Rs 32 crore SME IPO of Emiac Technologies opens today - check price band, GMP, other details

Synopsis

Emiac Technologies Limited's SME IPO opens Friday, aiming to raise Rs 31.75 crore through a fresh equity issuance. The company has set a price band of Rs 93–98 per share. Ahead of the launch, the grey market premium indicated a muted listing, with the company having already secured Rs 8.7 crore from anchor investors.

The SME initial public offer (IPO) of Emiac Technologies Limited will open for bidding on Friday and close on Wednesday, April 8. The company plans to raise Rs 31.75 crore through the issue which is entirely a fresh issuance of equity shares. Ahead of the opening, the grey market premium (GMP) indicated a muted listing.

Emiac Technologies IPO

The company has set the price band at Rs 93–98 per share and investors can apply for a minimum of 1 lot which comprises 1,200 equity shares amounting to Rs 1,17,600.

In the book-building issue, the company will issue 32.50 lakh equity shares aggregating up to Rs 31.75 crore.

On Wednesday, the company raised approximately Rs 8.7 crore from three anchor investors. Abundantia Capital VCC- Abundantia Capital III was allocated 4.80 lakh shares for Rs 4.70 crore, Rajathan Global Securites Pvt Ltd's 3.04 lakh shares were bought at approximately 3 crore while AmitSG Venture Fund cornered 1.03 lakh shares for Rs 1 crore.

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Emiac Technologies IPO GMP

Emiac Technologies IPO was not commanding a grey market premium (GMP) ahead of the bidding, hinting at a flat listing. The GMP is only an indicative price and could change as the issue progresses.

Emiac Technologies IPO net proceeds

The company will use Rs 5.72 crore towards purchasing computers, laptops and other related accessories. It will spend some of this amount for the purchase of software subscriptions and cloud hosting.

The company will also meet its working capital requirements by utilising Rs 8.80 crore from the total net proceeds. Rs 5.41 crore will be set aside for manpower hiring, and Rs 3.90 crore for branding, advertisement and marketing activities.

About Emiac Technologies

Emiac Technology is a technology-driven company using AI to help brands grow through smart digital marketing solutions. It offers a full range of services, including content creation, branding, online reputation management, digital marketing, business automation, and technical support. By combining AI, automation, and creative thinking, it delivers personalised strategies that drive real results.

In the content creation vertical, the company offers content writing services like blogs, articles, website copy, product descriptions, etc. In Branding & Online Reputation Management, it offers brand positioning and narrative building, PR campaigns and leadership content.

It also offers inventory, logistics, operations automation and API integration services.

Emiac Technologies Financials

The company's revenue from operations in H1FY26 stood at Rs 14.49 crore while its profit after tax (PAT) stood at Rs 4.55 crore. For FY25, revenue stood at Rs 20 crore versus Rs 5.38 crore in FY24 and Rs 2.95 crore in FY23. The PAT stood at Rs 4.21 crore in FY25 and Rs 84 lakhs and Rs 39 lakhs, respectively in FY24 and FY23.

Lead managers

The Book Running Lead Managers (BRLMs) is Smart Horizon Capital Advisors Private Limited while the registrar to the issue is Bigshare Services Private Limited.

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