Emiac Technologies is set to close its initial public offering (IPO) today, April 8, 2026. The IPO is priced between ₹93-98 per share, aiming to raise a total of ₹31.75 crore (approximately $3.8 million USD) through a fresh issue of 32 lakh shares. As of now, the grey market premium (GMP) stands at ₹0, indicating that the stock is expected to debut at the issue price. On Day 7, the IPO has been subscribed 2.64 times, with the retail portion subscribed 3.21 times and the non-institutional investor (NII) portion at 3.47 times. The Qualified Institutional Buyers (QIB) portion received bids of 1.02 times. The company plans to utilize the proceeds for purchasing technology equipment, software subscriptions, and to support hiring and marketing initiatives. The minimum investment for retail investors is set at ₹1,17,600, equivalent to 2,400 shares. Emiac Technologies has also raised ₹8.7 crore from three pre-IPO investors, including Abundantia Capital and Rajasthan Global Securities.