Mumbai : EMA Partners India Limited is coming out with its Initial Public Offering (IPO) priced at Rs 117 and Rs 124 per equity share – aggregating Rs 76 crores – which will open on January 17, 2025 and close on January 21, 2025.
The IPO is scheduled to be listed on the EMERGE platform of NSE.
EMA Partners India Limited is a leading executive search firm delivering customized leadership hiring solutions to clients from diverse sectors in India and abroad.
Headquartered in Mumbai, the Company mainly focuses on hiring for C-Suite and Board-level positions across India, Middle East and Singapore.
“We are strategically positioned in India, UAE and Singapore as these are the fastest-growing recruitment markets with Singapore and UAE bringing in 32% business,” said Krishnan Sudarshan, Chairman & Managing Director, EMA Partners India Limited, while highlighting the IPO funds usage towards team growth (37%), general corporate purposes and unidentified acquisitions (33%), repayment of loan for office purposes (8%), capital expenditure for upgrading existing IT infrastructure (9%) and OFS (13%.)
Noting that 85% of the company’s business came from ‘senior executives hiring,’ he emphasized to a question “We find people for jobs, not jobs for people.”
With AI and technology becoming a ‘way of life’ presently, the process of identifying candidates takes barely three minutes and the company’s IT improvement efforts are focused on AI’s +curated interview Bots.+
“Additional capital will help bolster our global coverage,” he said while pointing out that many Indian companies have become multi-million-dollar global companies and the present is witnessing the concept of retirement moving away from India to the global stage of people working beyond that age.
The Company’s Revenue from Operations and Profit after Tax for fiscal 2024 was Rs 67.29 crores and Rs 14.27 crores respectively.
Indorient Financial Services Limited is the sole Book Running Lead Manager, while Bigshare Services Private Limited is the Registrar for the IPO.
