EMA Partners SME IPO Subscription Status
EMA Partners SME IPO closed on 21 January 2025 with an overall subscription of 221.06x based on shares applied. QIB demand came in at 147.69x, NII at 444.07x, and retail at 167.30x.
Allotment will be finalised on 22 January 2025. The stock is scheduled to list on NSE and BSE on 24 January 2025.
Issue Price
Rs 124.00
GMP Today
Rs 64.00 (+51.61%)
Overall Subscription
221.06x
Issue Size
₹76.01 Cr
Allotment Date
22 Jan 2025
Listing Date
24 Jan 2025
EMA Partners SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 124.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 14.43 Cr | Rs 2,131.72 Cr | 147.69x |
| NII | Rs 10.84 Cr | Rs 4,812.70 Cr | 444.07x |
| IND | Rs 25.28 Cr | Rs 4,229.90 Cr | 167.30x |
| Total | Rs 50.55 Cr | Rs 11,174.32 Cr | 221.03x |
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.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 11,64,000 | 17,19,13,000 | 147.69x |
| NII | 8,74,000 | 38,81,21,000 | 444.07x |
| IND | 20,39,000 | 34,11,21,000 | 167.30x |
| Total | 40,77,000 | 90,11,55,000 | 221.03x |
What Do These Subscription Numbers Mean?
A subscription of 221.06x by shares means the IPO received bids for 221 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 147.69x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 147.69x, it reflects serious institutional conviction.
NII at 444.07x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 167.30x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
EMA Partners SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 167.30x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the EMA Partners SME IPO Allotment Status page from 22 January 2025 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 17 Jan 2025 | 0.00x | 0.63x | 0.79x | 0.53x |
| Day 2 - 20 Jan 2025 | 0.02x | 15.25x | 26.92x | 16.74x |
| Day 3 - 21 Jan 2025 | 147.69x | 444.07x | 167.30x | 221.03x |
EMA Partners SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 17 January 2025 |
| IPO Close Date | 21 January 2025 |
| Allotment Date | 22 January 2025 |
| Refund Initiation | 23 January 2025 |
| Share Credit to Demat | 23 January 2025 |
| Listing Date | 24 January 2025 |
| Minimum Investment | Rs 2,48,000.00 |
| Lot Size | 1000 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
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 June 2026, 2:01 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is EMA Partners SME IPO NII subscription?
EMA Partners SME IPO NII (Non-Institutional Investors) subscription is 444.07x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in EMA Partners SME IPO for retail?
EMA Partners SME IPO retail share subscription is 167.30x. Application-wise data is needed for accurate lottery odds.
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?
Allotment odds in EMA Partners SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.