e-Mudhra Limited
IPO Size
`412.79 Cr
Price Band
`243-256 Per Share
Minimum Lot Size
58 Share
Face Value
`5 Per Share
Employee Discount
NA
Retail Allocation
35%
Issue Open Date
20 May 2022
Issue Close Date
24 May 2022
Listing Date
IPO Size
Price Band
Minimum Lot Size
Face Value
Employee Discount
Retail Allocation
Issue Open Date
Issue Close Date
Listing Date
e-Mudhra limited is the largest licensed Certifying Authority (“Certifying Authority” or “CA”) in India with a market share of 37.9% in the digital signature certificates market space in Financial Year 2021 has grown from 36.5% in Financial Year 2020. The firm is engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organizations functioning in various industries. As part of Digital Trust Services, the firm issues a range of certificates including individual/organizational certificates, SSL/TLS certificates, and device certificates (used in IoT use cases) to build a digital trust backbone.
e-Mudhra has been identified and ranked amongst the ‘20 Most Promising Tech Solution Providers for Government & Public Sector 2019’ by CIO Review India. It is the only Indian company to be admitted as a member of the European Cloud Signature Consortium as well as Certifying Authority / Browser Forum, a global forum that governs the use of SSL/TLS certificates and to is accredited to Web trust, which makes our digital signature certificates directly recognized by browsers across the world allowing us to issue digital signature certificates in many countries.
Since the inception of our business, we have issued over 50 million digital signature certificates through our network of 88,457 channel partners spread across all States and Union Territories in India.
| S.No. | 1 - Company | 2 - Directors | 3 - Promoters | |||
| Entity Name | By the Company | Against the Company | By the Director | Against the Director | By the Promoter | Against the Promoter |
| Criminal cases | - | - | - | - | - | - |
| Material civil cases | 1 | 2 | - | - | - | - |
| Taxation matters | - | 1 | - | - | - | - |
| Regulatory Proceedings | - | - | - | - | - |
-
|
| Income Statement(in Milllions) | FY21 | FY20 | FY19 |
| Gross Operating Income | 1,324.54 | 1,167.99 | 1,016.80 |
| Cost of Employee & Inventory | 417.11 | 292.16 | 258.52 |
| Other Expenses | 916.66 | 845.11 | 693.70 |
| EBITDA | 407.88 | 322.88 | 323.10 |
| Finance Cost | 8.41 | 6.68 | 2.64 |
| Depreciation | 87.67 | 86.02 | 85 |
| Profit Before Tax and Exceptional items | 311.80 | 230.18 | 235.46 |
| Exceptional items | 18.99 | ||
| Tax | 58.21 | 46.02 | 42.11 |
| Profit After Tax | 253.59 | 184.16 | 174.36 |
Venkatraman Srinivasan And Taarav Pte. Limited
No peer
The company will not receive any proceeds from the Offer for Sale worth Rs251.79cr
Net proceeds from the fresh issue worth Rs161 cr will be utilized for:- • Repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Company • Funding working capital requirements of the company. • Purchase of equipment 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.