The initial public offer (IPO) of Emiac Technologies received bids for 2,47,200 shares as against 23,52,000 on offer, as per BSE data as of 17:00 hours on Friday (27 March 2026). The issue was subscribed 0.11 times.
The issue opened for bidding on Friday (27 March 2026) and it will close on Wednesday (8 April 2026). The price band of the IPO is fixed between Rs 93 to Rs 98 per share. The minimum order quantity is 1200 equity shares. The equity shares will list on BSE’s SME platform.
The IPO comprised 32,40,000 equity shares, including a fresh issue of 32,40,000 equity shares. About 1,68,000 equity shares will be reserved for subscription by market maker to the issue. The net offer comprises of 30,72,000 equity shares.
The company intends to utilise the net proceeds towards the purchase of computers, laptops and related accessories, software subscriptions and cloud hosting services, hiring of manpower, branding, advertising and marketing activities, meeting working capital requirements, and for general corporate purposes.
Ahead of the IPO, Emiac Technologies on 25 March 2026, raised Rs 8.70 crore from anchor investors. The board allotted 8.88 lakh shares at Rs 98 per share to 3 anchor investors.
Emiac Technologies is an AI-driven, technology-enabled digital solutions company focused on helping brands scale through result-oriented digital services. The company offers a comprehensive range of services including content creation, branding and online reputation management, digital marketing, as well as technical services and business automation, positioning itself as a one-stop solutions provider for brands pursuing long-term growth and digital transformation.
The company caters to clients across diverse sectors such as digital marketing, BFSI, healthcare, IT and technology, education, automobiles, and other industries.
The company had a diversified client base of 84 as of 30 September 2025, with domestic and export revenues of Rs 9.36 crore and Rs 4.76 crore, respectively.
The company recorded revenue from operations of Rs 14.12 crore and net profit of Rs 4.54 crore for the period ended 30 September 2025.