Energy Mission Machineries Details: Energy Mission Machineries has set the date for its IPO, with the offering scheduled to open on May 9th and close on May 13th. This NSE SME IPO aims to raise ₹41.15 crores. The price band for the Energy Mission Machineries IPO is fixed at ₹131 to ₹138 per share, with a market lot consisting of 1000 shares.
Established in 2011, Energy Mission Machineries specializes in designing and manufacturing CNC, NC, and conventional metal forming machines tailored to meet the industrial sector’s metal fabrication needs. Their product range includes press brake machines, shearing machines, plate rolling machines, ironworkers, hydraulic presses, and busbar bending, cutting & punching machines. These precision machines cater to diverse industries such as automotive, steel, pre-engineered building, furniture, HVAC, agriculture, road construction, elevators, and food processing.
With over 600 variants of metal forming machines, the company has supplied 1487 machines to more than 1050 customers over the last three fiscal years and the five months from April ’23 to August ’23. Their market extends beyond India to countries like the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE, Saudi Arabia, and other Middle Eastern countries. They also offer machinery tools and spare parts to ensure comprehensive after-sales support and service.
As of October 31, 2023, their sales and marketing team comprised 20 employees managing designated regions within India, supported by a 22-member after-sales service team. In the fiscal year 2023, they sold 500 machines to over 400 customers, serving sectors such as metal fabrication, pre-engineered building, agriculture, kitchen equipment, automotive, food processing, furniture, HVAC, elevators, and steel. Notably, in FY 2022-23, they successfully supplied a hydraulic shearing machine to CERN, the European Organization for Nuclear Research, based in Geneva, Switzerland.
Energy Mission Machineries Objectives:
The company intend to utilize the proceeds of the net issue to meet the following objects:
- 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
Energy Mission Machineries Review (Apply or Not)
- updated soon
Energy Mission Machineries Date & Price Band Details:
| IPO Open: | 9-May-2024 |
| IPO Close: | 13-May-2024 |
| IPO Size: | Approx ₹41.15 Crores, 3,868,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹131 to ₹138 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Energy Mission Machineries Lot Size:
To participate in the Energy Mission Machineries IPO, investors are required to acquire a minimum market lot of 1000 shares, entailing an application amount of ₹138,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹138,000 |
| Retail Maximum | 1 | 1000 | ₹138,000 |
| S-HNI Minimum | 2 | 2000 | ₹276,000 |
Energy Mission Machineries Timeline:
The Energy Mission Machineries IPO date is May 2 and the IPO close date is May 6. The IPO allotment date is May 10 and the IPO might list on May 15.
| IPO Open Date: | 9-May-2024 |
| IPO Close Date: | 13-May-2024 |
| Basis of Allotment: | 14-May-2024 |
| Refunds: | 15-May-2024 |
| Credit to Demat Account: | 15-May-2024 |
| IPO Listing Date: | 16-May-2024 |
Energy Mission Machineries GMP Today:
The latest Grey Market Premium (GMP) for the Energy Mission Machineries SME IPO stands at ₹55,. Considering the price band of ₹138.00, the estimated listing price for the Energy Mission Machineries SME IPO is projected to be ₹193 (sum of the cap price and today’s GMP). This suggests an expected percentage gain/loss per share of 39.86%.
The GMP for the Energy Mission Machineries SME IPO commenced from the second session. However, it’s still early to determine its trajectory. We are committed to providing daily updates, ensuring you stay informed about the latest GMP trends and additional details. Keep following us to stay abreast of the Energy Mission Machineries SME IPO’s daily GMP performance and anticipated listing price.
Energy Mission Machineries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹48.34 | ₹47.36 | ₹0.95 |
| 2022 | ₹79.07 | ₹74.55 | ₹3.36 |
| 2023 | ₹100.66 | ₹90.55 | ₹7.90 |
| August 2023 | ₹49.48 | ₹43.21 | ₹4.66 |
Energy Mission Machineries IPO Valuation – FY2023
Check Energy Mission Machineries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹9.47 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 33.57% |
| Net Asset Value (NAV): | ₹28.20 per Equity Share |
Peer Group
- Macpower CNC Machines Limited
- Jyoti CNC Automation Limited
Company Promoters
- Satishkumar Kanjibhai Parmar
- Dineshkumar Shankarlal Chaudhary
- Sanjay Shantukumar Khankar
- Ashokkumar Ramjibhai Panchal
- Snehal Narendra Mehta
Energy Mission Machineries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Energy Mission Machineries IPO Allotment Status
Check Energy Mission Machineries IPO allotment status on Bigshare website URL. Click Here
Energy Mission Machineries IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Energy-Mission Machineries (India) Limited
E-9/3 & E-12 Sanand-II Industrial Area
Bol GIDC Sanand
Bol, Ahmedabad– 382 170
Phone: +91-7984768296
Email: cfo@energymission.com
Website: https://www.energymission.com/
