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Emiac Technologies SME IPO

Emiac Technologies IPO — date, price band, lot size & details 2026

Emiac Technologies listed on 13 Apr 2026 at ₹107.8, 10% above the ₹98 issue price.

Emiac Technologies SME IPO opened for subscription from 27 March 2026 to 8 April 2026. The company is based in Jaipur and operates in the information technology and data solutions segment, offering services such as software development, cloud solutions and IT infrastructure support. It follows a service-based business model focused on enterprise clients and digital solutions. The company was incorporated in recent years and mainly serves businesses across India.

Stock price

Emiac Technologies is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 3 October.

Key dates Listed
  1. Open 27 Mar 2026
  2. Close 08 Apr 2026
  3. Allotment 09 Apr 2026
  4. Refund/credit 10 Apr 2026
  5. Listing 13 Apr 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 27 Mar to 8 Apr, 2026
Price Band ₹93 – ₹98
Face Value ₹10
Lot Size 1200 Shares
Issue Size ₹31.75 Cr
Sale Type Fresh capital only
Listing On BSE SME
Registrar Bigshare Services Private Limited
Min Investment ₹ 2,35,200
Reservation
QIB 49.22%
NII 15.23%
Retail 35.55%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1200 shares at the ₹98 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
Application Lots Shares Amount
Retail (min) 2 2,400 ₹2,35,200
Retail (max) 2 2,400 ₹2,35,200
HNI (min) 3 3,600 ₹3,52,800

Three years of numbers

All figures in ₹ crore, as reported in the Emiac Technologies offer document.

Total income
14.49
5
20
14
31 Mar 202431 Mar 202530 Sep 2025
Profit after tax
4.55
1
4
5
31 Mar 202431 Mar 202530 Sep 2025
EBITDA
6.19
1
6
6
31 Mar 202431 Mar 202530 Sep 2025
Borrowing vs net worth
1.30 / 13.57
31 Mar 202431 Mar 202530 Sep 2025
Borrowing Net worth
Metric 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

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Emiac Technologies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
13.19
EPS (₹)
7.43
RoCE
63.52%
RoNW
46.74%
PAT Margin
21.25%

Emiac Technologies IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹7.43
P/E Ratio (x) 13.19
Market Cap at Offer Price (₹ Cr) ₹60.01

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹98 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹47.68 Cr of the issue is earmarked to named objects.

Funding requirements towards Purchase of computers, laptops, other related accessories, Purchase of software subscriptions and cloud hosting ₹5.72 Cr
Funding Working Capital Requirements of our Company ₹8.80 Cr
Hiring of Manpower in our Company ₹5.42 Cr
Branding, Advertisement and Marketing activities and ₹3.90 Cr
General corporate purposes Not stated
Total ₹23.84 Cr

About the company

Emiac Technologies is an emerging company focused on delivering advanced engineering and technology-driven solutions. Established with the vision of supporting industrial and infrastructure development, the company has steadily built its capabilities in designing and manufacturing specialised equipment and systems. Backed by experienced promoters with technical and industry expertise, Emiac Technologies has developed a strong foundation by catering to diverse client requirements across sectors.

The company offers a range of products and services including customised engineering solutions, fabrication, and system integration tailored to client needs. Its business model is centred on quality-driven execution, long-term client relationships, and continuous innovation. By focusing on efficiency, reliability, and cost-effective solutions, Emiac Technologies aims to expand its market presence while strengthening its position in both domestic and select international markets.
.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Divya Gandotra, Shivam Bhateja and Dushyant Gandotra
Promoter holding
68% → 50.01%
Pre-issue → post-issue
Registered office
Plot No.102, Maa Karni Nagar, Amrapali Marg, Vaishali Nagar Extension, Panchyawala, Jaipur, Rajasthan, 302034
+91 9119391191
Registrar

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Smart Horizon Capital Advisors View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Smart Horizon Capital Advisors

11 issues handled (2 mainboard, 9 SME)
Listed in Profit 66.7% 6 of 9 listed
Avg Listing Gain -2.1% across 9 issues
Listed Below Issue 3 of 9 listed

Best listing: Shankesh Jewellers (+11.1%). Weakest: Om Freight Forwarders (-39.6%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Emiac Technologies
Email

Frequently asked

What is the GMP of Emiac Technologies?

The current Grey Market Premium is ₹0.

What is the Emiac Technologies IPO price band?

₹93 to ₹98, on a face value of ₹10.

When is the allotment?

The basis of allotment is 9 April 2026, with listing on 13 April 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.

Emiac Technologies IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
3.06×
Min bid
₹2,35,200
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