Emiac Technologies IPO was introduced through the Book Built SME route by Emiac Technologies Limited. The public issue comprised a fresh issue of equity shares, allowing the company to raise funds for future business expansion, technology development, operational growth, working capital requirements, and other corporate purposes. Following the successful completion of the IPO process, the company’s equity shares were listed on the BSE SME platform.
Emiac Technologies Limited operates in the information technology and digital solutions industry. The company offers a wide range of technology-enabled services that help businesses strengthen their digital presence, improve operational efficiency, and support long-term growth. Its service portfolio covers digital transformation, technology consulting, software solutions, branding, online marketing, automation services, and various business support solutions designed for organisations across multiple industries.
The company focuses on delivering customised technology solutions based on the specific requirements of its clients. By combining technical expertise with digital innovation, it aims to improve customer engagement, optimise business processes, and create measurable business value for its customers.
Its business model is supported by experienced professionals, technology-driven operations, and long-term customer relationships. Continuous investment in digital capabilities and service enhancement enables the company to adapt to changing technology trends while expanding its customer base.
India’s digital economy continues to grow rapidly with increasing adoption of cloud computing, artificial intelligence, automation, digital marketing, and enterprise technology solutions. Businesses across different sectors are investing in digital transformation, creating long-term opportunities for technology service providers.
As the IPO has already been completed and the shares are listed, investors should evaluate the company’s financial performance, business model, valuation, competitive position, and future growth strategy before making an investment decision.
Emiac Technologies IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Emiac Technologies IPO |
| Company Name | Emiac Technologies Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹93 to ₹98 Per Share |
| Issue Size | ₹31.75 Crore |
| Fresh Issue | ₹31.75 Crore |
| Offer for Sale | Nil |
| IPO Open Date | 27 March 2026 |
| IPO Close Date | 08 April 2026 |
| Basis of Allotment | 09 April 2026 |
| Refund Initiation | 10 April 2026 |
| Shares Credited to Demat Account | 10 April 2026 |
| Listing Date | 13 April 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,200 Equity Shares |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Fedex Securities Private Limited |
The IPO consisted entirely of a fresh issue of equity shares. The company proposed to utilise the funds raised for business expansion, technology enhancement, working capital requirements, operational improvements, and general corporate purposes.
Emiac Technologies IPO Dates
The important events relating to the Emiac Technologies IPO are provided below.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 27 March 2026 |
| IPO Closing Date | 08 April 2026 |
| Basis of Allotment | 09 April 2026 |
| Refund Initiation | 10 April 2026 |
| Shares Credited to Demat Account | 10 April 2026 |
| Listing Date | 13 April 2026 |
After completion of the allotment process, successful applicants received the allotted equity shares in their demat accounts before trading commenced on the BSE SME platform.
Emiac Technologies IPO Reservation
The equity shares offered through the IPO were reserved among different categories of investors in accordance with SME IPO regulations.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allocation under each category depended upon the number of valid applications received during the subscription period.
Emiac Technologies IPO Lot Size
Applications for the IPO were accepted in fixed lot sizes.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 1 Lot (1,200 Shares) | ₹1,17,600 |
| Retail Maximum | 2 Lots (2,400 Shares) | ₹2,35,200 |
| HNI Minimum | 3 Lots (3,600 Shares) | ₹3,52,800 |
The application values shown above are calculated using the upper price band of ₹98 per equity share.
About Emiac Technologies Limited
Emiac Technologies Limited operates in the information technology and digital services industry by offering technology-driven business solutions to organisations across different sectors. The company focuses on helping businesses improve their digital capabilities through customised technology services, software solutions, automation, branding, and digital business strategies. By combining technical expertise with innovative solutions, the company aims to improve operational efficiency and support long-term business growth for its clients.
The company serves businesses of different sizes by understanding their operational requirements and delivering customised technology solutions that enhance productivity, strengthen online presence, improve customer engagement, and simplify business processes. Its client-focused approach enables the company to provide integrated digital services while maintaining long-term professional relationships.
Business Operations
Emiac Technologies Limited operates across multiple segments of information technology and digital business solutions. Its diversified service portfolio enables the company to provide end-to-end technology services through a single integrated platform.
- Software Development Services – The company develops customised software applications that help businesses automate operations, improve efficiency, and support digital transformation.
- Digital Marketing Solutions – It provides digital marketing services designed to improve online visibility, customer engagement, brand awareness, and business growth through multiple digital platforms.
- Search Engine Optimisation (SEO) – The company offers SEO services that help businesses improve website visibility and increase organic search performance.
- Brand Development Services – It assists businesses in developing brand identity through strategic branding, creative design, communication planning, and digital brand management.
- Technology Consulting – The company provides technology consulting services that help organisations adopt suitable digital solutions and improve overall business performance.
- Business Automation Solutions – It develops automation systems that simplify routine business activities, reduce manual processes, and improve operational efficiency.
- Website Design and Development – The company designs and develops responsive business websites, corporate portals, and customised web applications according to client requirements.
- Content and Creative Services – It provides digital content development, creative design, marketing materials, and communication solutions that support branding and promotional activities.
- Digital Business Solutions – The company delivers integrated digital solutions that combine technology, automation, software, and marketing to improve business operations.
- Client Support Services – Continuous technical support, project maintenance, software updates, and customer assistance help the company maintain long-term relationships with its clients.
Industry Overview
India’s digital economy continues to expand rapidly as businesses increasingly invest in technology, cloud computing, automation, artificial intelligence, digital marketing, and enterprise software solutions. Organisations across manufacturing, healthcare, education, finance, retail, logistics, and service industries are adopting digital technologies to improve productivity and customer experience.
Growing internet penetration, increasing smartphone usage, government initiatives promoting digital infrastructure, and rising adoption of cloud-based services continue to create long-term opportunities for technology companies. Businesses are also investing in automation and customised digital solutions to improve operational efficiency and remain competitive in an evolving business environment.
Business Strategy
Emiac Technologies Limited aims to strengthen its market position by expanding its service portfolio, improving technology capabilities, investing in skilled professionals, and developing long-term client relationships. The company also focuses on innovation, digital transformation, operational efficiency, and customer satisfaction to support sustainable business growth.
Through continuous investment in technology, service quality, automation, and business development, the company seeks to expand its customer base, improve operational performance, and create long-term value for its stakeholders.
Emiac Technologies IPO Financial Information
A company’s financial performance helps investors evaluate its revenue growth, profitability, financial stability, and operational efficiency. Analysing financial statements over multiple years provides a clearer understanding of how the business has expanded and how effectively it has generated earnings from its operations.
Emiac Technologies Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue from Operations | ₹26.84 Crore | ₹38.97 Crore | ₹57.46 Crore |
| Total Income | ₹27.11 Crore | ₹39.28 Crore | ₹57.89 Crore |
| EBITDA | ₹5.32 Crore | ₹8.46 Crore | ₹12.78 Crore |
| Profit Before Tax (PBT) | ₹4.28 Crore | ₹6.92 Crore | ₹10.54 Crore |
| Profit After Tax (PAT) | ₹3.18 Crore | ₹5.14 Crore | ₹7.86 Crore |
| Net Worth | ₹13.62 Crore | ₹18.79 Crore | ₹26.65 Crore |
| Total Borrowings | ₹2.81 Crore | ₹3.34 Crore | ₹4.08 Crore |
The company has reported consistent growth in revenue and profitability during the last three financial years. Revenue has increased steadily due to the expansion of technology services and business operations, while profitability has improved through better operational performance and efficient cost management. The company’s growing net worth reflects an improving financial position and supports its future expansion plans.
Emiac Technologies IPO Key Performance Indicators (KPIs)
Key Performance Indicators provide useful insights into the company’s profitability, capital utilisation, financial efficiency, and overall operating performance.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 34.52% |
| Return on Capital Employed (ROCE) | 31.76% |
| Return on Net Worth (RONW) | 29.49% |
| EBITDA Margin | 22.07% |
| PAT Margin | 13.58% |
| Debt-to-Equity Ratio | 0.15 |
| Earnings Per Share (EPS) | ₹10.34 |
| Net Asset Value (NAV) Per Share | ₹35.07 |
| Price to Earnings (P/E) | 9.48x |
The financial ratios indicate healthy profitability, efficient utilisation of capital, and a relatively low level of financial leverage. The company’s return ratios reflect effective business operations, while stable margins demonstrate its ability to generate earnings from technology-driven services. Investors should consider these financial indicators together with business fundamentals, competitive position, and future growth opportunities before making an investment decision.
Objects of the Emiac Technologies IPO
The company proposed to utilise the net proceeds from the fresh issue for the following purposes:
- Business Expansion – A portion of the IPO proceeds is proposed to support the expansion of business operations and strengthen the company’s growth initiatives.
- Technology Development – The company plans to invest in technology infrastructure, software development capabilities, automation solutions, and digital platforms.
- Working Capital Requirements – Funds will be utilised to strengthen working capital for supporting day-to-day business operations and future business growth.
- Marketing and Brand Development – Part of the proceeds may be utilised for strengthening brand visibility, customer acquisition, and business development activities.
- General Corporate Purposes – The remaining funds are proposed to be utilised for general corporate activities, providing financial flexibility for future business opportunities.
The planned utilisation of the IPO proceeds is expected to strengthen operational capabilities, improve technology infrastructure, support business expansion, and create a stronger foundation for long-term growth.
Emiac Technologies IPO Listing Performance
The listing performance shows how the company’s shares performed on the stock exchange after the completion of the IPO. While listing gains indicate initial investor sentiment, long-term investment returns depend on business growth, financial performance, execution capability, and the company’s future expansion strategy.
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | 13 April 2026 |
| Issue Price | ₹98 Per Share |
| Listing Price | ₹105.00 Per Share |
| Listing Gain | ₹7.00 Per Share |
| Listing Gain (%) | 7.14% |
Emiac Technologies Limited made a positive debut on the BSE SME platform by listing above its issue price. Although the shares generated a listing premium, investors should focus on the company’s long-term business fundamentals rather than relying only on its first-day market performance.
Emiac Technologies IPO Subscription Status
The subscription details indicate the level of demand received from various categories of investors during the IPO bidding period. Strong subscription generally reflects positive market interest, although investment decisions should always be supported by detailed analysis of the company’s financial position and business prospects.
Emiac Technologies IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 91.38 Times |
| Non-Institutional Investors (NII) | 186.42 Times |
| Retail Individual Investors (RII) | 103.27 Times |
| Total Subscription | 116.84 Times |
The IPO received healthy participation across all investor categories. Non-institutional investors recorded the highest subscription level, while qualified institutional buyers and retail investors also showed strong interest in the public issue.
Emiac Technologies IPO Review
Emiac Technologies Limited operates in the information technology and digital services industry by providing software development, digital transformation, branding, automation, and technology consulting solutions. The company serves businesses across multiple industries by delivering customised digital solutions designed to improve operational efficiency and strengthen business growth.
Its diversified service portfolio enables the company to offer integrated technology solutions through a single business platform. Continuous investment in technology, innovation, skilled professionals, and customer relationships supports its long-term business strategy.
The company has reported steady growth in revenue, profitability, and net worth over recent financial years. Improving financial performance reflects business expansion and increasing demand for its technology-based services.
However, investors should also consider factors such as competition within the technology industry, rapid technological changes, dependence on skilled professionals, client retention, and evolving digital market trends before making an investment decision.
Overall, Emiac Technologies Limited operates in a sector supported by increasing digital adoption and growing demand for technology solutions. Investors should carefully evaluate the company’s valuation, financial performance, business strategy, and future growth opportunities before investing.
Emiac Technologies IPO Strengths
Emiac Technologies Limited has developed its business by combining technology expertise with diversified digital service offerings. The following factors contribute to the company’s business strengths.
- Diversified Technology Services – The company provides software development, digital marketing, automation, branding, technology consulting, website development, and business support services through an integrated business model.
- Customised Business Solutions – It develops technology solutions according to individual client requirements, helping businesses improve efficiency and support digital transformation.
- Growing Client Portfolio – The company serves customers across multiple industries, reducing dependence on a single business segment and supporting diversified revenue generation.
- Consistent Financial Growth – Revenue, profitability, and net worth have shown steady improvement over recent financial years, reflecting expanding business operations.
- Technology-Focused Business Model – Continuous investment in digital technologies, innovation, and service development helps the company remain competitive in a rapidly changing technology environment.
- Expanding Digital Economy – Increasing adoption of cloud computing, automation, artificial intelligence, enterprise software, and digital business solutions continues to create long-term growth opportunities.
Emiac Technologies IPO Risk Factors
Every technology business is exposed to operational and industry-related risks. Investors should carefully consider the following factors before making an investment decision.
- Intense Industry Competition – The technology and digital services industry is highly competitive, with numerous companies offering similar software and digital solutions.
- Rapid Technological Changes – Continuous advancements in technology require ongoing investment in software development, employee training, and service innovation.
- Dependence on Skilled Professionals – Business performance depends significantly on attracting, developing, and retaining qualified technology professionals.
- Client Retention Risk – Long-term business growth depends on maintaining strong customer relationships and securing repeat business from existing clients.
- Cybersecurity and Data Protection – Protecting customer information and maintaining secure technology systems remain important operational priorities.
- Economic and Business Spending – Changes in economic conditions or reductions in technology spending by businesses may influence future demand for digital solutions and technology services.
Emiac Technologies IPO Promoters
Emiac Technologies Limited is promoted by experienced professionals with expertise in technology, digital business solutions, and business management. The promoters have played an important role in building the company’s service portfolio, strengthening customer relationships, and expanding its presence in the information technology and digital services industry.
Emiac Technologies IPO Promoters Details
| Promoter | Designation |
|---|---|
| Emiac Technologies Private Limited | Promoter |
Emiac Technologies IPO Management Team
The company is managed by professionals with experience in information technology, software development, digital solutions, finance, business operations, project management, and regulatory compliance. The management team focuses on technology innovation, operational efficiency, service quality, and long-term business growth.
| Name | Designation |
|---|---|
| Rajesh Kumar | Managing Director |
| Amit Sharma | Executive Director |
| Neha Gupta | Chief Financial Officer |
| Pooja Mehta | Company Secretary & Compliance Officer |
Emiac Technologies IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, crediting shares to successful applicants, initiating refunds where applicable, and handling investor-related queries throughout the IPO process.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://www.bigshareonline.com |
| IPO Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Email ID | [email protected] |
| Contact Number | +91-22-6263 8200 |
Emiac Technologies IPO Lead Manager Details
The Book Running Lead Manager coordinated the public issue, managed regulatory compliance, supervised issue-related activities, and assisted the company throughout the IPO process.
| Particular | Details |
|---|---|
| Lead Manager | Fedex Securities Private Limited |
| Website | https://www.fedsec.in |
| Email ID | [email protected] |
| Contact Number | +91-79-4005 5555 |
Emiac Technologies Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Emiac Technologies Limited |
| Registered Office | Ahmedabad, Gujarat, India |
| Website | https://www.emiactech.com |
| Email ID | [email protected] |
How to Check Emiac Technologies IPO Allotment Status
Investors could check the IPO allotment status after the basis of allotment was finalised by using either the registrar’s website or the BSE IPO portal.
Through Bigshare Services Private Limited
- Visit the official Bigshare Services IPO allotment portal.
- Select Emiac Technologies IPO from the available list.
- Choose PAN Number, Application Number, or DP/Client ID.
- Enter the required details correctly.
- Click Submit to view the allotment status.
Through BSE
- Visit the official BSE IPO allotment page.
- Select Emiac Technologies IPO from the IPO list.
- Enter your PAN Number or Application Number.
- Complete the verification process if required.
- Click Search to check the allotment status.
Frequently Asked Questions (FAQs)
What is the Emiac Technologies IPO?
Emiac Technologies IPO was a Book Built SME public issue comprising a fresh issue of equity shares.
What was the price band of the Emiac Technologies IPO?
The IPO was offered at a price band of ₹93 to ₹98 per equity share.
What was the total issue size of the Emiac Technologies IPO?
The total issue size was ₹31.75 crore.
When did the Emiac Technologies IPO open and close?
The IPO opened on 27 March 2026 and closed on 8 April 2026.
On which stock exchange are Emiac Technologies shares listed?
The company’s equity shares are listed on the BSE SME platform.
Who was the registrar for the Emiac Technologies IPO?
Bigshare Services Private Limited acted as the registrar to the issue.
Who was the lead manager for the Emiac Technologies IPO?
Fedex Securities Private Limited served as the Book Running Lead Manager.
What was the minimum lot size for the Emiac Technologies IPO?
The minimum application size was one lot consisting of 1,200 equity shares.
What does Emiac Technologies Limited do?
The company provides software development, digital transformation, technology consulting, automation solutions, branding, digital marketing, and other technology-enabled business services.
What were the objectives of the Emiac Technologies IPO?
The IPO proceeds were proposed to be utilised for business expansion, technology development, working capital requirements, marketing initiatives, and general corporate purposes.
