Emiac Technologies IPO – Company Analysis
Emiac Technologies IPO, under the SME IPO category, is a book-built issue of Rs. 31.75 crore by Emiac Technologies Limited. It is a tech-driven business that leverages AI to deliver smart digital marketing solutions, helping companies grow.
The company offers a broad range of services, including branding, digital marketing, business automation, online reputation management, content development, and technical support. It delivers customised solutions that generate measurable results by combining automation, artificial intelligence, and creative strategies.
Services:
- Content creation
- Branding and Online Reputation Management
- Digital marketing
- Business automation and technical services
Emiac Technologies IPO Details
The Emiac Technologies IPO opens on 27 March 2026 and closes on 08 April 2026. The IPO allotment is scheduled for 09 April 2026, with refunds to be initiated on 10 April 2026.
The Rs. 31.75 crore SME IPO consists entirely of a fresh issue of 0.32 crore shares.
The expected listing date of the Emiac Technologies IPO is Monday, 13 April 2026, on the BSE SME platform.
The IPO price band is set at Rs. 93 to Rs. 98.
IPO Timetable (Tentative)
| Events | Date |
| IPO Opening Date | Mar 27, 2026 |
| IPO Closing Date | Apr 08, 2026 |
| IPO Allotment Date | Apr 09, 2026 |
| Refund Initiation | Apr 10, 2026 |
| IPO Listing Date | Apr 13, 2026 |
Click to open free demat account and apply for the IPO.
Company Financials
(Amount in Cr)
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 16.94 | 3.19 | 1.51 |
| Total Income | 20.06 | 5.38 | 2.95 |
| Profit After Tax | 4.22 | 0.84 | 0.39 |
| EBITDA | 5.92 | 1.24 | 0.60 |
| Net Worth | 9.03 | 1.31 | 0.47 |
| Reserves and Surplus | 7.32 | 1.30 | 0.46 |
| Total Borrowing | 0.01 | 0.00 | 0.00 |
Cash Flows
(Amount in lac)
| Net Cash Flow | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Net Cash Flow Operating Activities | 140.16 | 43.18 | 38.08 |
| Net Cash Flow Investing Activities | (65.39) | (30.31) | (20.76) |
| Net Cash Flow Financing Activities | 349.89 | (0.20) | (0.87) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The company intends to utilise the Net Proceeds from the Issue towards the following objectives:
- Funding requirements for the purchase of computers, laptops, other related accessories, as well as software subscriptions and cloud hosting – Rs. 5.72 Cr.
- Funding the working capital requirements of the company – Rs. 8.80 Cr.
- Hiring of manpower in the company – Rs. 5.42 Cr.
- Branding, advertisement, and marketing activities – Rs. 3.90 Cr.
- General corporate purposes.
Listed Peers of Emiac Technologies Ltd.
| Name of Company | Face Value (₹) | Basic EPS (₹) | PE Ratio (x) |
| Acoutory Media India Group | 10 | 8.37 | 12.10 |
| Maxposure Limited | 10 | 3.74 | 9.22 |
Valuation
| KPI | Value |
| ROE | 81.65% |
| ROCE | 63.52% |
| Debt/Equity | - |
| RoNW | 46.74 |
| PAT Margin | 21.25% |
| EBITDA Margin | 29.83% |
| Price to Book Value | 1.32 |
Evaluation of P/E Ratio
Considering the period ended FY 2025, with an EPS of Rs. 4.95, the resulting P/E ratio stands at 19.79x.
IPO's Strengths
- A wide range of services and a diversified client base.
- Revenue generated from long-standing client relationships, both recurring and non-recurring.
- Experienced management team with a proven track record of successful project execution and delivery.
- ROI-focused, data-driven approach
IPO's Weaknesses
- Customer concentration risk.
- Absence of long-term contracts.
- Supplier dependency risk.
Emiac Technologies IPO GMP (Grey Market Premium)
The Emiac Technologies IPO GMP today is Rs. 0 as of 07 April 2026 at the time of writing. With a price band set at Rs. 98, the estimated listing price of the IPO is around Rs. 98, indicating a potential gain or loss of 0%.
Emiac Technologies IPO Summary
| IPO Opening & Closing Date | 27 Mar, 2026 to 08 Apr, 2026 |
| Face Value | Rs. 10 per Share |
| Issue Price | Rs. 93 to Rs. 98 per Share. |
| Lot Size | 1200 Shares |
| Issue Size | 32,40,000 Shares (Rs. 32 Cr) |
| Offer for Sale | - |
| Fresh Issue | 30,72,000 Shares (Rs. 30 Cr) |
| Listing at | BSE, SME |
| Issue Type | Bookbuild issue IPO |
| Registrar | Bigshare Services Pvt. Ltd. |
IPO Lot Details
Retail investors can apply for a minimum of 1 lot and a maximum of 2 lots (2,400 shares) amounting to Rs. 2,35,200, and in multiples thereafter. HNI investors can apply for a minimum of 3 lots (3,600 shares) amounting to Rs. 3,52,800.
| Minimum Lot Investment (Retail) | 2 Lots |
| Maximum Lot Investment (Retail) | 2 Lots |
| HNI (Min) | 3 Lots |
Emiac Technologies IPO Allotment Status
To check the Emiac Technologies IPO allotment status, visit the official Registrar’s website or the BSE website. Below is the relevant option for you:
Using BSE Website - BSE IPO allotment status
Promoters And Management of Emiac Technologies Ltd.
- Divya Gandotra
- Shivam Bhateja
- Dushyant Gandotra
| Pre-Issue Promoter Shareholding | 68% |
| Post-Issue Promoter Shareholding | - |
IPO Lead Managers
Smart Horizon Capital Advisors Pvt. Ltd.
Dividend Policy
The company has not paid any dividend during the last three financial years.
Conclusion
The Emiac Technologies IPO comes from a rapidly expanding AI-powered digital marketing company and is supported by strong financial growth along with a high ROE and ROCE. This SME IPO appears fairly valued in terms of its P/E ratio. However, the GMP is showing no clear trend, and customer concentration risk remains a negative factor.
Disclaimer: The information provided in this blog is for educational and informational purposes only and should not be considered as investment advice, research, or a recommendation to buy, sell, or hold any securities. Stock market investments are subject to market risks. Readers are advised to read all scheme-related documents carefully and consult their financial advisor before making any investment decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
