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EMA Partners SME IPO Subscription

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Updated 24 January 2025, 9:15 AM IST· NSE SME

EMA Partners SME IPO subscription closed on 21 January 2025 at 221.06x overall by shares. QIB demand came in at 147.69x, NII at 444.07x, and retail at 167.30x. See Retail, SHNI, and BHNI allotment chances in the table…

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Allotment date is 22 January 2025. Listing date on NSE and BSE is 24 January 2025.

Issue Price
Rs 124.00
GMP Today
Rs 64.00 (+51.61%)
Overall Sub
221.06x
Issue Size
₹76.01 Cr
Allotment
22 Jan 2025
Listing
24 Jan 2025

EMA Partners SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 17 Jan 20250.00x0.63x0.79x0.53x
Day 2 - 20 Jan 20250.02x15.25x26.92x16.74x
Day 3 - 21 Jan 2025147.69x444.07x167.30x221.03x

EMA Partners SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

EMA Partners SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)167.30x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the EMA Partners SME IPO Allotment Status page from 22 January 2025 for your result.

EMA Partners SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 124.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 14.43 CrRs 2,131.72 Cr147.69x
NIIRs 10.84 CrRs 4,812.70 Cr444.07x
INDRs 25.28 CrRs 4,229.90 Cr167.30x
TotalRs 50.55 CrRs 11,174.32 Cr221.03x

EMA Partners SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB11,64,00017,19,13,000147.69x
NII8,74,00038,81,21,000444.07x
IND20,39,00034,11,21,000167.30x
Total40,77,00090,11,55,000221.03x

What Do These Subscription Numbers Mean?

221.06x overall by shares means bids covered about 221 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 147.69x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (444.07x by shares). SHNI and BHNI allotment is by lottery.

Retail at 167.30x by shares. Exact lottery chances need application data.

EMA Partners SME IPO GMP After Subscription

GMP for EMA Partners SME stands at Rs 64.00 today, giving an estimated listing price of Rs 188.00 per share.

A subscription of 221.06x combined with a GMP of 51.61% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the EMA Partners SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

EMA Partners SME IPO Key Dates

EventDate
IPO Open Date17 January 2025
IPO Close Date21 January 2025
Allotment Date22 January 2025
Refund Initiation23 January 2025
Share Credit to Demat23 January 2025
Listing Date24 January 2025
Minimum InvestmentRs 2,48,000.00
Lot Size1000 shares

About EMA Partners SME

EMA Partners India Limited is an executive search firm offering specialized hiring solutions. The company provides various leadership hiring solutions to clients across various sectors, successfully recruiting business and functional leaders globally. The company Headquartered in Mumbai, the company expanded globally with subsidiaries in Singapore (2010), Dubai (EMA Partners, 2017), and Dubai (James Douglas, 2022) to access global talent.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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EMA Partners SME IPO Subscription FAQs

What is EMA Partners SME IPO subscription status today?

EMA Partners SME IPO subscription closed on 21 January 2025 with overall subscription of 221.06x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 147.69x, NII 444.07x, IND 167.30x.

What is the overall subscription of EMA Partners SME IPO?

EMA Partners SME IPO is subscribed 221.06x overall by shares at close on 21 January 2025. QIB 147.69x, NII 444.07x, and IND 167.30x.

What is EMA Partners SME IPO QIB subscription?

EMA Partners SME IPO QIB (Qualified Institutional Buyers) subscription is 147.69x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is EMA Partners SME IPO IND subscription?

EMA Partners SME IPO IND subscription is 167.30x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is EMA Partners SME IPO NII, SHNI, and BHNI subscription?

EMA Partners SME IPO NII subscription is 444.07x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are EMA Partners SME IPO retail allotment chances?

EMA Partners SME IPO retail share subscription is 167.30x. Application data is needed for exact lottery chances.

What are EMA Partners SME IPO SHNI allotment chances?

EMA Partners SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are EMA Partners SME IPO BHNI allotment chances?

EMA Partners SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is EMA Partners SME IPO allotment date?

EMA Partners SME IPO allotment date is 22 January 2025. Check EMA Partners SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does EMA Partners SME IPO subscription close?

EMA Partners SME IPO subscription closed on 21 January 2025. No new applications are accepted after the close.

What is EMA Partners SME IPO GMP today?

EMA Partners SME IPO GMP is ₹64 today (+51.61% over issue price ₹124). See live GMP on the EMA Partners SME IPO GMP Today page.

What is EMA Partners SME IPO issue price and lot size?

EMA Partners SME IPO issue price is ₹124 per share. Lot size is 1000 shares. Minimum investment is ₹2,48,000 per lot (minimum 2 lots for SME). Issue size: ₹76.01 Cr.

When is EMA Partners SME IPO listing date?

EMA Partners SME IPO listing date is 24 January 2025 on NSE and BSE. Allotment is on 22 January 2025.

How does subscription affect EMA Partners SME IPO allotment?

In EMA Partners SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 221.06x overall, competition is very high.

For allotment results from 22 January 2025, visit the EMA Partners SME IPO Allotment Status page. For listing day updates on 24 January 2025, download the IPOwiz App.

Sources

We match EMA Partners SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.