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eMudhra Limited IPO Snapshot

 About the Company:
eMudhra Limited (EML) is engaged in the business of providing services like issuing certificates, digital signature certificates, SSL/TLS certificates and device certificates, a portfolio of digital security and paperless transformation solutions, mobile application security, website security testing, etc. The company has strong digital signature certificate expertise and is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organisations worldwide and issue SSL/TLS certificates for website authentication.

Objective of the Issue:

The net proceeds from the IPO will be used for the following purposes –

  • Repayment or pre-payment, in full or in part, of all or certain
  • Purchase of equipment and funding of other related costs for data centres proposed to be set-up in India and overseas
  • Funding of expenditure relating to product
  • Investment in eMudhra INC for business development, sales, marketing and other related costs for future

 

Competitive Strengths:

  • Largest licensed Certifying Authority in India
  • One stop shop solution provider in secure digital transformation
  • Technology certifications, accreditations and membership in international bodies
  • Partnerships with leading Indian and global channel partners
  • Diverse, longstanding and growing customer base

 

Risks & Concerns:

  • International operations expose the company to complex management, foreign currency, legal, tax and economic
  • Changing laws, rules and regulations and legal uncertainties in India and other countries may adversely affect the
  • Significant competition from both established and new companies offering trust services, digital security and paperless transformation
  • Rely on data centres for efficient functioning of technology platform and any interruption or delay in service may adversely impact the
  • Continuing negative cash flows may adversely affect the business in the

 

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