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IPO - eMudhra Ltd

Posted On:16th May 2022
Updated On:6th Oct 2023
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eMudhra Limited is India's largest licensed Certifying Authority ("CA"). The company's business is divided into two verticals Digital Trust Services and Enterprise Solutions.The company has strong digital signature certificate expertise and is the only Indian company to be directly recognized by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organizations worldwide and issue SSL/TLS certificates for website authentication.The company has issued over 50 million digital signature certificates through the network of 88,457 channel partners spread across India. As of September 30, 2021, the company is serving 36,233 retail customers and 563 enterprises.eMudhra's Enterprise Solutions are used by the top 10 banks, 6 top automotive companies and 19 top companies amongst the top 500 ranked companies in India by Economic Times in Financial Year 2020.

Issue Opens on 20 May, 2022Rs. 243 to 256
Issue Closes on 24 May, 2022per equity share
Bid LotIssue sizeFace value
58 shares minimum Rs. 412.79 CrRs. 5 per equity share

DISCLAIMER

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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