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eMudhra Ltd
eMudhra Ltd
Registered Office : No 56 3rd Floor Sai Arcade,Outer Ring Rd Devarabeesanahal,Bangalore Karnataka 560103 Phone : 91-080-4227 5300
Fax :
Email : companysecretary@emudhra.com
Website : www.emudhra.com
Initial public offering of 16,124,456 equity shares* of face value of Rs. 5 each ("Equity Shares") of eMudhra Limited (the "Company" or the Issuer") for cash at a price of Rs. 256 per equity share (including a share premium of Rs. 251 per equity share) ("Offer Price") aggregating to Rs. 412.79 crores* (the "Offer") comprising a fresh issue of 6,289,062 equity shares* aggregating to Rs. 161.00 crores by the company (the "Fresh Issue") and an offer for sale of 9,835,394 equity shares* aggregating to Rs. 251.79 crores* comprising of 3,289,257 equity shares* aggregating to Rs. 84.21 crores* by Venkatraman Srinivasan and 4,516,246 equity shares* aggregating to Rs. 115.62 crores* by Taarav Pte Limited (collectively, the "Promoter Selling Shareholders"),"510,638 equity shares* aggregating to Rs. 13.07 crores* by Kaushik Srinivasan, 504,307 equity shares* aggregating to Rs. 12.91 crores* by Lakshmi Kaushik, 881,869 equity shares* aggregating to Rs. 22.58 crores* by Arvind Srinivasan and 133,077 equity shares* aggregating to Rs. 3.41 crores* by Aishwarya Arvind (collectively, "Other Selling Shareholders and together with the promoter selling shareholders the "Selling Shareholders") and such offer for sale by the selling shareholders, the "Offer for Sale"). *Subject to basis of allotment. The face value of equity shares is Rs. 5 each. The offer price is 51.20 times the face value of the equity shares.
Opens On
Closes On
20-May-2022
24-May-2022
Application
Allotment
256.00
0.00
Minimum Application for shares in Nos : 58.0 Further Multiples of : 58.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
133.13
412.79
39.04
256.00
IIFL Securities Ltd
Indorient Financial Services Ltd
Yes Securities (India) Ltd
- Repayment or Pre-Payment,in full or in part, of all or Certain Borrowings Availed by the Company
- Funding Working Capital Requirements of the Company
- Purchase of Equipments and Funding of Other Related Costs for Data Centers Proposed to be set up in India and Overseas Locations
- Funding of Expenditure Relating to Product Development
- Investment in eMudhra INC for Augmenting its Business Development Sales, Marketing and Other Related Costs for Future Growth
- General Corporate Purposes
- Venkataraman Srinivasan
- Taarav Pte Ltd
- BSE
- NSE
- MUFG Intime India Pvt Ltd