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IPO Open

Fri, Mar 27, 2026

IPO Close

Wed, Apr 8, 2026

Price Band

₹93 to ₹98

Market Cap (Pre-IPO)

₹119.98 Cr

IPO Details

  • IPO Date
    27 Mar to 8 Apr, 2026
  • Listing Date
    Mon, Apr 13, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹93 to ₹98
  • Lot Size
    1,200 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • 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)
  • Share Holding Pre Issue
    90,03,149 shares
  • Share Holding Post Issue
    1,22,43,149 shares

IPO Timetable (Tentative)

  • IPO Open
    Fri, Mar 27, 2026
  • Allotment
    Thu, Apr 9, 2026
  • Credit of Shares
    Fri, Apr 10, 2026
  • IPO Close
    Wed, Apr 8, 2026
  • Refund
    Fri, Apr 10, 2026
  • Listing
    Mon, Apr 13, 2026

IPO Reservation

Emiac Technologies IPO offers total 32,40,000 shares. Out of which 15,12,000 (46.67%) allocated to QIB, 4,68,000 (14.44%) allocated to NII 10,92,000 (33.70%) allocated to RII and 8,88,000 (27.41%) allocated to Anchor investors.

Investor Category Shares Offered % of Net Issue % of Total Issue
QIB Shares Offered 15,12,000 49.22% 46.67%
  − Anchor Investor Shares Offered 8,88,000 27.41%
  − QIB (Ex. Anchor) Shares Offered 6,24,000 19.26%
NII (HNI) Shares Offered 4,68,000 15.23% 14.44%
  − bNII > ₹10L 3,12,000 9.63%
  − sNII < ₹10L 1,56,000 4.81%
Retail Shares Offered 10,92,000 35.55% 33.70%
Firm Reservations
Market Maker Shares Offered 1,68,000 5.19%
Total Shares Offered 32,40,000 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

Application Lots Shares 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

IPO Subscription Details

IPO Anchor Investors

Emiac Technologies IPO raises ₹8.70 crore from anchor investors. Emiac Technologies IPO Anchor bid date is March 25, 2026.
📝 Anchor Investors Letter (PDF)

Bid Date Wed, Mar 25, 2026
Shares Offered 8,88,000
Anchor Portion (₹ Cr.) 8.70
Anchor lock-in period end date for 50% shares (30 Days) Sat, May 9, 2026
Anchor lock-in period end date for remaining shares (90 Days) Wed, Jul 8, 2026
IPO Anchor Investors List

About Emiac Technologies Ltd.

Emiac Technology is a technology-driven company using AI to help brands grow through smart digital marketing solutions.

The company 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 deliver personalized strategies that drive real results.

  • Content Creation: Content writing services like Blogs, articles, website copy, product descriptions, etc.
  • Branding & Online Reputation Management: Brand positioning and narrative building, PR campaigns, leadership content for LinkedIn, etc.
  • Digital Marketing: SEO audits, technical optimization, on page and off-page SEO, Paid campaigns, etc.
  • Technical Services and Business Automation: Inventory, logistics, operations automation, API integrations, etc.

In FY 25, the company derived 43.42% of revenues from the content creation segment, followed by 31.80% from branding & online reputation management, 14.75% from digital marketing, and 10.03% from technical service and business automation.

The company iis certified with ISO 10002:2018, ISO 9001:2015 and ISO/IEC 27001:2022.

The company offers tailored solutions in sectors like digital marketing, BFSI, healthcare, IT, education, and automotive. They combine artificial intelligence, automation, and actionable insights with creative thinking to deliver performance-driven marketing for the digital age.

The company’s services cover marketing, pre-sales, lead generation, branding, and communications, tailored to meet diverse client needs.

As of January 31, 2026, the company had 38 employees.

Competitive Strengths:

  • Diverse client base spread across various industries
  • Recurring and non-recurring, repeat revenues from long-standing client relationships
  • Experienced management team with proven project management and implementation skill
  • ROI-first, data-driven strategy
  • Transparent & scalable pricing models

Company Financials (Restated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 20.08 16.94 3.19 1.51
Total Income 14.49 20.06 5.38 2.95
Profit After Tax 4.55 4.22 0.84 0.39
EBITDA 6.19 5.92 1.24 0.60
NET Worth 13.57 9.03 1.31 0.47
Reserves and Surplus 4.57 7.32 1.30 0.46
Total Borrowing 1.30 0.01 0.00 0.00
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding requirements towards Purchase of computers, laptops, other related accessories, Purchase of software subscriptions and cloud hosting
    5.72
  • 2 Funding Working Capital Requirements of the Company
    8.80
  • 3 Hiring of Manpower in the Company
    5.42
  • 4 Branding, Advertisement and Marketing activities and
    3.90
  • 5 General corporate purposes
  • Total
    23.84

Key Performance Indicator (KPI)

KPI Sep 30, 2025 Mar 31, 2025
ROE 40.26% 81.65%
ROCE 40.91% 63.52%
Debt/Equity 0.09
RoNW 33.52 46.74%
PAT Margin 32.20% 21.25%
EBITDA Margin 43.81% 29.83%
Price to Book Value 1.32
Check IPO Peer Comparison here.
Pre IPO Post IPO
EPS (₹) 4.69 7.43
P/E (x) 20.91 13.19
Promoter Holding 68%
Market Cap ₹119.98 Cr.
Divya Gandotra, Shivam Bhateja and Dushyant Gandotra are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]

ETL is an AI-based technology and digital solutions provider for empowering brands. The company posted growth in its top and bottom lines for the reported periods. Bumper performance outperforming segment from FY24 onwards raise eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears aggressively priced. There is no harm in skipping this pricey and dicey offer.

Read detail review…

Emiac Technologies IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 1 0 0
Members 0 0 0 0

IPO Subscription Status

The Emiac Technologies IPO is subscribed 0.12 times on March 30, 2026 11:04:35 AM (Day 2). The public issue subscribed 0.11 times in the individual investors category, 0.00 times in the QIB category, and 0.31 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor) 0.00 6,24,000 0 0
NII* 0.31 4,68,000 1,44,000 0
    bNII (> ₹10L) 0.37 3,12,000 1,15,200
    sNII (< ₹10L) 0.18 1,56,000 28,800
Individual Investor 0.11 10,92,000 1,24,800 0
Total 0.12 21,84,000 2,68,800 62

Total Applications: 62

*Market Maker portion is not included to NII/HNI.

IPO Registrar

Bigshare Services Pvt.Ltd.

IPO Lead Manager(s)

  1. Smart Horizon Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Emiac Technologies Ltd. Address
Plot No. 102, Maa Karni Nagar, Amrapali Marg,
Vaishali Nagar Extension, Panchyawala,
Jaipur, Rajasthan, 302034

IPO FAQs

Emiac Technologies IPO is a SME IPO of 32,40,000 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹93 to ₹98. The minimum order quantity is 1200.

The IPO opens on Fri, Mar 27, 2026, and closes on Wed, Apr 8, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Emiac Technologies IPO using UPI as a payment gateway. Angel One customers can apply in Emiac Technologies IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Emiac Technologies IPO through Angel One

  1. Visit the Angel One website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Emiac Technologies IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One IPO Application Process Review for more detail.

The Emiac Technologies IPO opens on Fri, Mar 27, 2026 and closes on Wed, Apr 8, 2026.

Emiac Technologies IPO lot size is 1200, and the minimum amount required for application is ₹2,35,200, with 2 lots being the minimum application size.

You can apply in Emiac Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One , Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Emiac Technologies IPO will be done on Thursday, April 9, 2026, and the allotted shares will be credited to your demat account by Fri, Apr 10, 2026. Check the Emiac Technologies IPO allotment status.

The Emiac Technologies IPO listing date is not yet announced. The tentative date of listing is Mon, Apr 13, 2026.

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