
Energy Mission Machineries Limited IPO
Energy Mission Machineries (India) Ltd. (EMML) is engaged in designing and manufacturing CNC, NC and conventional metal forming machines which caters to the industrial sector requirement for metal fabrication solutions. Its wide spectrum of metal forming machines includes press brake machines, shearing machines, plate rolling machines, ironworkers machines, hydraulic presses and bus bar bending, cutting & punching machines. Through its array of products, the company provides manufacturers with vital precision machines which are required for metal cutting and forming operations. Energy Mission Machineries IPO is a book built issue of Rs 41.15 crores.
The issue is entirely a fresh issue of 29.82 lakh shares. Energy Mission Machineries IPO opens for subscription on May 9, 2024 and closes on May 13, 2024. Energy Mission Machineries IPO price band is set at ₹131 to ₹138 per share. The minimum lot size for an application is 1000 Shares. Hem Securities Limited is the book running lead manager of the Energy Mission Machineries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Energy Mission Machineries IPO is Hem Finlease.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Energy Mission Machineries Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Energy Mission Machineries Limited IPO Details
Detail | Description |
---|---|
IPO Date | May 9, 2024 to May 13, 2024 |
Listing Date | - |
Face Value | ₹10 per share |
Price Band | ₹131 to ₹138 per share |
Lot Size | 1000 Shares |
Total Issue Size | 2,982,000 shares (aggregating up to ₹41.15 Cr) |
Fresh Issue | 2,982,000 shares (aggregating up to ₹41.15 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 8,344,500 |
Share holding post issue | 11,326,500 |
Market Maker portion | 150,000 shares |
Energy Mission Machineries Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Thursday, May 9, 2024 |
IPO Close Date | Monday, May 13, 2024 |
Basis of Allotment | Tuesday, May 14, 2024 |
Initiation of Refunds | Wednesday, May 15, 2024 |
Credit of Shares to Demat | Wednesday, May 15, 2024 |
Listing Date | Thursday, May 16, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on May 13, 2024 |
Energy Mission Machineries Limited IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1000 | ₹138,000 |
Retail (Max) | 1 | 1000 | ₹138,000 |
HNI (Min) | 2 | 2,000 | ₹276,000 |
Energy Mission Machineries Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
Share Holding Pre Issue | 100% |
Share Holding Post Issue | - |
Competitive Strength:
- -
Energy Mission Machineries Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Dec 2023 | 9,958.11 | 8,399.76 | 674.80 | 3,027.82 | 2,333.05 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 8,258.65 | 10,066.12 | 790.01 | 2,353.02 | 2,187.82 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 7,382.45 | 7,906.57 | 336.17 | 1,563.01 | 2,457.23 | |||||||||||||||||||||||||||||||||||
31 Mar 2021 | 6,575.72 | 4,834.07 | 95.33 | 1,226.84 | 2,228.59 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 25.08% |
ROCE | 21.86% |
Debt/Equity | 0.77 |
RoNW | 16.54% |
P/BV | 4.08 |
PAT Margin (%) | 8.1 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 9.47 | 9.88 |
P/E (x) | 14.58 | 13.97 |
Objectives of Energy Mission Machineries IPO
The company intend to utilize the proceeds of the net issue to meet the following objectives:
- 1. Funding of capital expenditure towards civil construction work at existing manufacturing units located at Sanand, District Ahmedabad, Gujarat.
- 2. Funding of capital expenditure towards installation of new plant & machinery.
- 3. To meet working capital requirements.
- 4. General Corporate Purpose.
Energy Mission Machineries IPO Review
The company is engaged in designing and manufacturing CNC, NC and conventional metal forming machines. This segment has many players and all of them have different sets of financial performances. This company marked steady growth in its top lines, but boosted profits from FY22 onwards raise eyebrows and concern over its sustainability. Based on FY24 annualized super earnings, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for the medium to long term rewards.
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Frequently asked Questions (FAQs )
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What Is The Size Of The Energy Missions Machineries IPO?
The offer size for Energy Missions Machineries Limited is 29,82,000 shares worth INR 41.15 crores. The company intends to utilize these funds for various purposes, including capital expenditure on new plant and machinery, civil construction, working capital needs, and general corporate purposes.
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What Is The Price Band Of The Energy Missions Machineries IPO?
The price band of the issue is INR 131-138 per share.
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When Energy-Mission Machineries (India) Ltd IPO will open?
The Energy-Mission Machineries (India) Ltd IPO opens on May 09, 2024 and closes on May 13, 2024.
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What is the lot size of Energy-Mission Machineries (India) Ltd?
Energy-Mission Machineries (India) Ltd lot size is 1000 shares, and the minimum amount required is ₹1,38,000.
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When is Energy-Mission Machineries (India) Ltd IPO allotment?
The finalization of Basis of Allotment for Energy-Mission Machineries (India) Ltd IPO will be done on May 14, 2024, and the allotted shares will be credited to your demat account by May 15, 2024.