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eMudhra IPO

Open 20th May 2022 · Close 24th May 2022 · Listing 1st Jun 2022

Price Band₹243.00–₹256.00
Live GMP₹0.00
SubscriptionNO DATA
Issue Size₹412.79 Cr
Allotment27th May 2022

IPO Objectives

eMudhra IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company₹35.00 Cr
2Funding working capital requirements of the Company₹40.22 Cr
3Purchase of equipments and funding of other related costs for data centers proposed to be set-up in India and overseas locations₹46.36 Cr
4Funding of expenditure relating to product development₹15.03 Cr
5Investment in eMudhra INC for augmenting its business development, sales, marketing and other related costs for future growth₹15.27 Cr
6General corporate purposes₹0.32 Cr