EMS IPO: GMP, review, other details in 10 points. Apply or not?

livemint.com:

EMS IPO: The initial public offering (IPO) of EMS Limited has opened today and the public issue will remain open for bidding till 12th September 2023. The book build issue aims to raise ₹321.24 crore from its initial offer. The water treatment and waste water management company has fixed EMS IPO price band at ₹200 to ₹211 per equity share.

The public issue is proposed for listing on BSE and NSE. Meanwhile, shares of EMS Limited are available for trade in unlisted stock market. According to market observers, EMS shares are available at a premium of ₹125 in grey market today.

1] EMS IPO GMP today: Shares of EMS Limited are available at a premium of ₹125 inn unlisted stock market today, say market observers. 2] EMS IPO price: Company has fixed price band of the public issue at ₹200 to ₹211 per equity share. 3] EMS IPO date: The book build issue has opened for subscribers today and it will remain open for bidders till 12th September 2023.

4] EMS IPO size: The company aims to raise ₹321.24 crore from its initial offer out of which ₹146.24 crore is expected from fresh issues while rest ₹175 crore is reserved for OFS (Offer for Sale). 5] EMS IPO lot size: A bidder will be able to apply in lots and one lot of the public offer will comprise 70 company shares. 6] EMS IPO allotment date: Finalisation of share allocation is expected on 15th September 2023.

7] EMS IPO registrar: KFin Technologies has been appointed as official registrar of the public issue. 8] EMS IPO listing: The book build issue is proposed for listing on BSE and NSE. 9] EMS IPO listing date: The public issue is expected to list on Indian bourses on 21st September 2023.