Energy-Mission Machineries (India) Limited IPO
Energy-Mission Machineries (India) Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹131–₹138 per share. The stock debuted at ₹366, delivering a listing gain of 165.2%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,38,000.
Energy-Mission Machineries (India) Limited IPO
- IPO Dates
- May 9, 2024 – May 13, 2024
- Price band
- ₹131-138 per equity share
- Minimum Investment
- ₹1,38,000
- Issue size
- ₹41.15 Cr
- Lot size
- 1000
- Allotment Date
- May 14, 2024
- Listing
- May 16, 2024
- Listing At
- NSE SME
IPO timeline
-
May 9, 2024
Open Date
Completed
-
May 13, 2024
Close Date
Completed
-
May 14, 2024
Allotment Date
Completed
-
May 16, 2024
Listing Date
Completed
Energy-Mission Machineries (India) Limited IPO Essentials
Energy-Mission Machineries (India) Limited IPO Details
Energy-Mission Machineries (India) Limited IPO is priced at ₹131-138 per share with a total issue size of 41.15 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹131-138 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,982,000 shares(aggregating up to ₹41.15 Cr)
- Total issue size
- 29,82,000 shares
(aggregating up to ₹41.15 crore) - Fresh issue
- 29,82,000 shares
(aggregating up to ₹41.15 crore) - Listing at
- NSE SME
- List price
- 366.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,38,000 |
| Retail(max) | 1 | 1000 | ₹1,38,000 |
| NII (min) | 2 | 2,000 | ₹2,76,000 |
Energy-Mission Machineries (India) Limited IPO Reservation
Energy-Mission Machineries (India) Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,982,000 shares, approximately 18.98% are reserved for QIB, 14.25% for NII, 33.27% for retail investors, 5.03% for market maker, and 28.47% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 849,000 (28.47%) | |
| Market Maker Shares Offered | 150,000 (5.03%) | |
| QIB Shares Offered | 566,000 (18.98%) | |
| NII (HNI) Shares Offered | 425,000 (14.25%) | |
| Retail Shares Offered | 992,000 (33.27%) | |
| Total Shares Offered | 2,982,000 (100%) |
Energy-Mission Machineries (India) Limited IPO Analytics
Energy-Mission Machineries (India) Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Energy-Mission Machineries (India) Limited IPO Subscription Status
Energy-Mission Machineries (India) Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 566,000 / 425,000 | 992,000 | 1,983,000 |
|
Day 1
09-05-24 06:00 PM
|
(2.51 / 4.90) x | 10.79 x | 7.17 x |
|
Day 2
10-05-24 06:00 PM
|
(2.62 / 15.96) x | 35.28 x | 21.82 x |
|
Day 3
13-05-24 06:00 PM
|
(161.92 / 605.33) x | 287.89 x | 319.97 x |
Energy-Mission Machineries (India) Limited Valuations
Earnings
- EPS Pre IPO
- ₹9.47/-
- EPS Post IPO
- ₹9.88/-
- P/E Pre IPO
- 14.58
- P/E Post IPO
- 13.97
Returns
- ROE
- 25.08%
- ROCE
- 21.86%
- RoNW
- 16.54%
- PAT Margin
- 8.10
Fundamentals
- Debt / Equity
- 0.77
- Price / Book
- 4.08
Energy-Mission Machineries (India) Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 8,258.65 | 7,382.45 | 6,575.72 |
| Revenue | 10,066.12 | 7,906.57 | 4,834.07 |
| Profit After Tax | 790.01 | 336.17 | 95.33 |
| Net Worth | 2,353.02 | 1,563.01 | 1,226.84 |
| Reserves & Surplus | 2,074.87 | 1,284.86 | 948.69 |
| Total Borrowing | 2,187.82 | 2,457.23 | 2,228.59 |
Energy-Mission Machineries (India) Limited Company & Offer Insights
About Energy-Mission Machineries (India) Limited
The company, incorporated in 2011, Energy-Mission Machineries (India) Limited designs and manufactures various metal forming machines used for industrial metal fabrication. Precise utilization of the company's machines is established across a wide range of industries, including automobiles, steel, furniture, HVAC, agriculture, construction, elevators, food processing, etc. These products consist of press brakes, shearing, plate rolling, ironworkers, hydraulic presses, and busbar bending, cutting, punching machines, among others.
The company exports its products to the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE and Saudi Arabia.
Between April 2023 to August 2023, the company has sold over 1,487 metal forming machines to more than 1,050 customers. These include over 600 variations of such products over the last three fiscal years and five months.
The manufacturing unit of the company is located in Sanand, Ahmedabad, over 18,234 sq. mtrs. Till date, on August 31, 2023, the manufacturing facility is ISO 9001:2015 certified.
The company has the capacity to manufacture 900 machines every year.
The company is selling its products in 20 states and 2 Union Territories of India. It has garnered maximum revenue from Maharashtra, Gujarat, and Karnataka.
On 31 October, 2023, the company had 253 permanent employees at a consolidated level. Employees were also contracted from the company.
Energy-Mission Machineries (India) Limited Promoter(s)
Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal and Snehal Narendra Mehta are the company's promoters of Energy-Mission Machineries (India) Limited.
Energy-Mission Machineries (India) Limited IPO Issue Objectives
- •
- 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 (India) Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Energy-Mission Machineries (India) Limited | 9.47 | 9.47 | N/A | N/A | 33.57 | N/A | Standalone |
| Macpower Cnc Machines Limited | 12.89 | 12.89 | N/A | 89.06 | 13.34 | N/A | Standalone |
| Jyoti CNC Automation Limited | 1.02 | 1.02 | N/A | 779.56 | 18.35 | N/A | Standalone |
Notes:
- The company has taken the current market price as the issue price of equity shares.
- The P/E Ratio is based on the current market price of the respective scrips.
- The EPS, NAV, RoNW, and total Income of our Company are taken as per the Restated Financial Statement for the FY 2022-23.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2023.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
Energy-Mission Machineries (India) Limited
+91-7984768296
https://www.energymission.com/
7E-9/3 & E-12 Sanand-II Industrial Area, Bol GIDC Sanand, Bol, Ahmedabad– 382 170
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Energy-Mission Machineries (India) Limited IPO is a book-built IPO worth ₹41.15 crore. The price band is ₹131–₹138 per share. The IPO opens on May 9, 2024 and closes on May 13, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Energy-Mission Machineries (India) Limited IPO is ₹131 to ₹138 per share.
The lot size of Energy-Mission Machineries (India) Limited IPO is 1000 shares.
The minimum investment for Energy-Mission Machineries (India) Limited IPO is approximately ₹1,38,000 based on the upper price band .
Energy-Mission Machineries (India) Limited IPO opens on May 9, 2024 and closes on May 13, 2024.
The allotment date of Energy-Mission Machineries (India) Limited IPO is May 14, 2024.
Energy-Mission Machineries (India) Limited IPO is expected to be listed on May 16, 2024, on NSE SME Platform.
Energy-Mission Machineries (India) Limited IPO valuation snapshot: P/E 13.97, EPS ₹9.88/-, P/B 4.08, RoNW 16.54%, and market cap N/A.
To apply for Energy-Mission Machineries (India) Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Energy-Mission Machineries (India) Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Energy-Mission Machineries (India) Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Energy-Mission Machineries (India) Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Energy-Mission Machineries (India) Limited IPO allotment status on IPO Ji for quick and easy access.