Energy-Mission Machineries Limited IPO is an NSE SME IPO. They are going to raise ₹41.15 Crores via IPO. The issue is priced at ₹131 to ₹138 per equity share. The IPO is to be listed on NSE.
Energy-Mission Machineries Limited IPO opens for subscription on May 09, 2024, and closes on May 13, 2024. The allotment for the Energy-Mission Machineries Limited IPO is expected to be finalized on May 14, 2024. Energy-Mission Machineries Limited IPO will list on NSE SME with tentative listing date fixed as May 16, 2024.
| IPO Details | allotment |
| Minimum Investment ₹138,000 /1 Lot (1000 shares) | Price Range ₹131-₹138 | |
| Max Quantity 1 Lots/1000 Shares | Max Investment ₹138,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 41.15 Cr | Employee Discount ₹0 |
| Total Issue Size 2,982,000 Shares (aggregating up to ₹41.15 Cr) | Share Holding Pree Issue 8,344,500 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 2,982,000 Shares (aggregating up to ₹41.15 Cr) | Share Holding Post Issue 11,326,500 | Listing At NSE SME |
| Market Maker Portion 150,000 Shares (Hem Finlease) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 09 May 2024 |
| Offer Ends | 13 May 2024 |
| Allotment | 14 May 2024 |
| Refunds | 15 May 2024 |
| Credit of shares to Demat account | 15 May 2024 |
| IPO Listing | 16 May 2024 |
About Energy-Mission Machineries Limited
Incorporated in 2011, Energy-Mission Machineries (India) Limited designs and manufactures various metal forming machines for industrial metal fabrication. The company’s precision machines are utilized across various industries, such as automotive, steel, furniture, HVAC, agriculture, construction, elevators, food processing, and more. Its products include press brakes, shearing, plate rolling, ironworkers, hydraulic presses, and busbar bending, cutting, and punching machines.
The company exports its products to the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE and Saudi Arabia.
From April 2023 to August 2023, the company supplied more than 1,050 customers with over 1,487 metal forming machines, which include over 600 variations. This occurred over the last three fiscal years and five months.
The company’s manufacturing facility is situated in Sanand, Ahmedabad, spread over 18,234 sq. mtrs. As of August 31, 2023, the manufacturing facility is ISO 9001:2015 certified.
| Founded in | Managing Director |
| 2011 | Mr. |
Share Holding
The promoters of the company are Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal and Snehal Narendra Mehta
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | % |
Energy-Mission Machineries Limited IPO Prospectus
| Energy-Mission Machineries Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹10,066.12 | ₹7,906.57 | ₹4,834.07 |
| Assets | ₹8,258.65 | ₹7,382.45 | ₹6,575.72 |
| Profit | ₹790.01 | ₹336.17 | ₹95.33 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 156.31Cr | ROE | 25.08% |
| P/E (X) | 14.58 | ROCE | 21.0% |
| POST P/E (X) | 13.97 | EPS | 9.47 |
| Debt to Equity | RONW | 16.54% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Funding of capital expenditure towards civil construction work at existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat
- Funding of capital expenditure towards installation of new plant & machineries
- To meet working capital requirements
- General Corporate Purpose
Brokerage Firm IPO Review
- To be updated soon
| Energy-Mission Machineries Limited Contact Details | |
| Address | Energy-Mission Machineries Limited E-9/3 & E-12 Sanand-II Industrial Area Bol GIDC Sanand Bol, Ahmedabad– 382 170 |
| Phone: | +91-7984768296 |
| cfo@energymission.com | |
| Website | https://www.energymission.com/ |
| Energy-Mission Machineries Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Energy-Mission Machineries Limited IPO Allotment Status Check |
| Energy-Mission Machineries Limited IPO Allotment Status Check Click Here |
| Energy-Mission Machineries Limited Lead Managers | |
| Hem Securities Limited 904, A wing, 9th Floor, Naman Midtown, Senapati bapat marg, Elphinstone road, Lower Parel, Mumbai 400 013 | |
| Phone | +91 22 49060000 |
| ipoinfo@hemonline.com | |
| Website | https://www.hemsecurities.com |
Energy-Mission Machineries Limited IPO FAQs
What is Energy-Mission Machineries Limited IPO?
- Energy-Mission Machineries Limited IPO is an NSE SME IPO. They are going to raise ₹41.15 Crores via IPO. The issue is priced at ₹131 to ₹138 per equity share. The IPO is to be listed on NSE.
- The IPO opens on May 09, 2024, and closes on May 13, 2024.
When Energy-Mission Machineries Limited IPO will open?
- The IPO is to open on May 09, 2024, for NII, and Retail Investors. and closes on May 13, 2024
What is Energy-Mission Machineries Limited IPO Investors Portion?
- The investors’ portion for QIB is 50% NII is 15%, and Retail is 35%.
What is Energy-Mission Machineries Limited IPO Size?
- Energy-Mission Machineries Limited IPO size is ₹41.15 crores.
What is Energy-Mission Machineries Limited IPO Price Band?
- Energy-Mission Machineries Limited IPO Price Band is ₹131 to ₹138 per equity share.
What is Energy-Mission Machineries Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1000 Shares) with ₹138,000. and Maximum Lot Size 1 Lots (1000 Shares) with ₹138,000
What is Energy-Mission Machineries Limited IPO Allotment Date?
- Energy-Mission Machineries Limited IPO allotment date is May 14, 2024.
What is Energy-Mission Machineries Limited IPO Listing Date?
- Energy-Mission Machineries Limited IPO listing date is May 16, 2024. The IPO to list on NSE.