Energy-Mission Machineries (India) Limited IPO (Energy Mission Machineries IPO)

Energy Mission Machineries Limited IPO
Upcoming Energy Mission Machineries IPO | New Energy Mission Machineries IPO

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. 

The company has the ability to produce 900 machines annually. The company sells products in 20 states and 2 Union Territories in India, with most revenue from Maharashtra, Gujarat, and Karnataka.

On October 31, 2023, the company had 253 permanent employees on a consolidated level. It also employed individuals on a contract basis.

Energy Mission Machineries IPO

Energy Mission Machineries IPO – Details

IPO Opening Date09 May 2024
IPO Closing Date13 May 2024
Issue TypeBook Built Issue IPO
Issue Size29,82,000 Shares Worth ₹41.15 Crore
Fresh Issue: 29,82,000 Shares Worth ₹41.15 Crore
Face Value₹10 per equity share
IPO Price₹131 – ₹138
Market Lot1000 Shares
Min Order1000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Energy Mission Machineries IPO – Date Schedule

IPO Open Date09 May 2024
IPO Close Date13 May 2024
Basis of Allotment14 May 2024
Initiation of Refund15 May 2024
Credit of Shares to Demat Account15 May 2024
IPO Listing Date16 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 13, 2024

Energy Mission Machineries IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11000₹1,38,000
Retail (Maximum)11000₹1,38,000
HNI (Minimum)22000₹2,76,000

Competitive Strengths

  • Well diversified customer base spread across various industries and geography.
  • Varied product range appealing to a diverse customer base.
  • In-house manufacturing facility.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Experienced Promoters with strong management team having domain knowledge.

Company Promoters

  • Satishkumar Kanjibhai Parmar
  • Dineshkumar Shankarlal Chaudhary
  • Sanjay Shantukumar Khankar
  • Ashokkumar Ramjibhai Panchal
  • Snehal Narendra Mehta

Object Of The Issue

  • 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 IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202148.3447.350.9522.28
31 March 202279.0674.543.3624.57
31 March 2023100.6690.557.9021.87
31 August 202349.4743.214.6624.21
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)8.1
EPS (Rs)9.479.88
P/E (x)14.5813.97

Energy Mission Machineries IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Energy Mission Machineries IPO Prospectus

Company Contact Information

Energy-Mission Machineries (India) Limited

E-9/3 & E-12 Sanand-II Industrial Area
Bol GIDC Sanand
Bol, Ahmedabad– 382 170

Phone: +91-7984768296

Energy Mission Machineries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Energy Mission Machineries IPO Lead Manager(s)

1. Hem Securities Limited

Energy Mission Machineries IPO FAQs

Energy Mission Machineries IPO FAQs
What is Energy Mission Machineries IPO?

Energy Mission Machineries IPO is a SME IPO. The issue is priced at ₹131 – ₹138 per equity share. The IPO is to be listed on NSE SME.
When Energy Mission Machineries IPO will open?

The IPO is to open on 09 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Energy Mission Machineries IPO?

You can apply for Energy Mission Machineries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Energy Mission Machineries IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Energy Mission Machineries”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Energy Mission Machineries IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Energy Mission Machineries”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Energy Mission Machineries IPO Size?

Energy Mission Machineries IPO size is ₹41.15 crores.
What is Energy Mission Machineries IPO Price Band?

Energy Mission Machineries IPO Price Band is ₹131 – ₹138.
What is Energy Mission Machineries IPO Minimum and Maximum Lot Size?

The minimum bid is 1000 Shares with ₹1,38,000 amount while the maximum bid is 1000 shares with ₹1,38,000.
What is the Energy Mission Machineries IPO Allotment Date?

Energy Mission Machineries IPO allotment date is  14 May 2024.
What is the Energy Mission Machineries IPO Listing Date?

Energy Mission Machineries IPO listing date is 16 May 2024. The IPO is to list on NSE SME.
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