Ahead of the listing, EMS shares are fetching a premium of Rs 82 in the unlisted market. At the upper price band of Rs 211, EMS shares are expected to list at a strong premium of 39%.
According to its IPO draft, as on July 31, 2023, the company was operating and maintaining 18 projects including Wastewater Scheme Projects (WWSPs), Water Supply Scheme Projects (WSSPs), Sewage Treatment Plants (STPs) and Hybrid Annuity Model (HAM) aggregating Rs 1,744.9 crore and 5 O&M projects aggregating Rs 99.3 crore
Primary Market Buzzing: The 10 IPOs add to the 6 public issues still open for bids since last week, while five stocks are lined up for listing on bourses next week
EMS will share its allotment status on Friday, September 15.The shares of EMS were subscribed 76.21 times.The shares are expected to be listed on the stock