NEW DELHI: Mumbai-based EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE’s Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor investors will open for a day on January 16, the company said in a statement.
At the upper end of the price band, the company will raise about Rs 76.01 crore.
The shares of the company are proposed to be listed on the Small and Medium Enterprises (SME) platform of NSE Emerge. Investors can bid for a minimum of 1,000 shares and in multiples thereof, it added.
The initial public offering (IPO) is a fresh issue of up to 53.34 lakh equity shares, aggregating up to Rs 66.14 crore and an offer for sale component of up to 7.96 lakh shares by promoters — Krishnan Sudarshan and Subramanian Krishnaprakash, according to the red herring prospectus (RHP) filed on January 9.
Shekhar Ganapathy, a public shareholder, will also offload shares in the company.
The promoters and promoter group of EMA Partners own an 86.14 per cent stake, while public shareholders hold 13.86 per cent.
As per the RHP, the company will utilise proceeds towards augmenting the leadership team for the company and its subsidiaries, capital expenditure towards upgrading the existing IT infrastructure and debt repayment.
Funds will also be used for general corporate purposes and unidentified inorganic acquisitions.
EMA Partners India Ltd claims to be one of the leading executive search firms delivering customised leadership hiring solutions to a wide range of clients across diverse sectors. The company has recruited several business and functional leaders for domestic and international clients.
The company, along with its subsidiaries, including James Douglas Professional Search India and MyRCloud, cover the entire spectrum of white-collar hiring right from entry-level opportunities to senior leadership.
Incorporated in September 2003 as Executive Management Associates India Pvt Ltd by Krishnan Sudarshan (Chairman and MD) and Subramanian Krishnaprakash. Later, the company was renamed as EMA Partners India.
Indorient Financial Services is the sole book running lead manager while Bigshare Services is the registrar for the IPO.

NEW DELHI: India’s industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
However, signs of recovery are emerging for the second half, supported by improved GST collections, steady Purchasing Managers’ Indices (PMIs), and increased capital expenditure.
The upcoming Union Budget is anticipated to introduce measures aimed at boosting manufacturing growth and accelerating the investment cycle, signalling optimism for the sector’s revival.
India’s industrial production surged to a six-month high in November 2024, registering a robust 5.2 per cent growth compared to 3.7 per cent in October, according to the Index of Industrial Production (IIP) data.
This improvement was driven by broad-based expansion across the manufacturing, mining, and electricity sectors, signaling a positive outlook for the industrial sector in the coming months.
The manufacturing sector led the charge with an impressive 5.8 per cent growth, the highest in eight months, as 15 out of 23 sub-sectors, including furniture, electronics, and machinery equipment, recorded significant year-on-year improvements.
Mining output grew by 1.9 per cent (up from 0.9 per cent in October), and electricity output expanded by 4.4 per cent (up from 2 per cent), reflecting a solid recovery across the board.
Notably, infrastructure and capital goods output recorded remarkable growth at 10 per cent and 9 per cent, respectively, in November.
Consumer durable goods output also soared to a 13-month high of 13.1 per cent, largely due to a festive season boost. However, growth in FMCG goods slowed to 0.6 per cent, indicating some demand challenges in this segment.
While November’s data reflects strong momentum, growth for the fiscal year to date (FYTD) has moderated. IIP growth slowed to 4.1 per cent compared to 6.5 per cent in the same period last year, with manufacturing, mining, and electricity sectors all registering lower growth rates.
Looking ahead, attention will shift to the upcoming Union Budget and RBI policy announcements, both expected to be growth-focused.