Energy Mission Machineries IPO vs Refractory Shapes IPO

Comparision between Energy Mission Machineries IPO and Refractory Shapes IPO.

IPO Details

Energy Mission Machineries IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Refractory Shapes IPO is a SME Book Built Issue proposed to list at NSE SME.

	Energy Mission Machineries IPO	Refractory Shapes IPO
Logo		$Refractory Shapes IPO Logo$
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Energy Mission Machineries IPO is up to ₹41.15 Cr whereas the issue size of the Refractory Shapes IPO is up to ₹18.60 Cr. The final issue price of Energy Mission Machineries IPO is ₹138.00 per share and of Refractory Shapes IPO is ₹31.00 per share.

	Energy Mission Machineries IPO	Refractory Shapes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹131.00 per share	₹27.00 per share
Issue Price (Upper)	₹138.00 per share	₹31.00 per share
Issue Price (Final)	₹138.00 per share	₹31.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	4000 shares
Fresh Issue Size	29,82,000 shares	60,00,000 shares
Fresh Issue Size (Amount)	up to ₹41.15 Cr	up to ₹18.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	29,82,000 shares	60,00,000 shares
Issue Size Total (Amount)	up to ₹41.15 Cr	up to ₹18.60 Cr

IPO Timetable

Energy Mission Machineries IPO opens on May 09, 2024, while Refractory Shapes IPO opens on May 06, 2024. The closing date of Energy Mission Machineries IPO and Refractory Shapes IPO is May 13, 2024, and May 09, 2024, respectively.

	Energy Mission Machineries IPO	Refractory Shapes IPO
Anchor Bid Date	May 08, 2024	May 03, 2024
Issue Open	May 09, 2024	May 06, 2024
Issue Close	May 13, 2024	May 09, 2024
Basis Of Allotment (Tentative)	May 14, 2024	May 10, 2024
Initiation of Refunds (Tentative)	May 15, 2024	May 13, 2024
Credit of Share (Tentative)	May 15, 2024	May 13, 2024
Listing date (Tentative)	May 16, 2024	May 14, 2024
Anchor Lockin End date 1	Jun 13, 2024	Jun 09, 2024
Anchor Lockin End date 2	Aug 12, 2024	Aug 08, 2024

Financials

Energy Mission Machineries IPO P/E ratio is 14.58, as compared to Refractory Shapes IPO P/E ratio of 25.55.

Energy Mission Machineries IPO

Refractory Shapes IPO

Financial

Energy-Mission Machineries (India) Limited Financial Information (Restated)

Energy-Mission Machineries (India) Limited's revenue increased by 27.31% and profit after tax (PAT) rose by 135% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,958.11	8,258.65	7,382.45	6,575.72
Revenue	8,399.76	10,066.12	7,906.57	4,834.07
Profit After Tax	674.80	790.01	336.17	95.33
Net Worth	3,027.82	2,353.02	1,563.01	1,226.84
Reserves and Surplus	2,193.37	2,074.87	1,284.86	948.69
Total Borrowing	2,333.05	2,187.82	2,457.23	2,228.59
Amount in ₹ Lakhs

Refractory Shapes Limited Financial Information (Restated)

Refractory Shapes Limited's revenue increased by 47.7% and profit after tax (PAT) dropped by -33.2% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,289.90	5,003.81	3,684.82	2,723.72
Revenue	2,999.04	3,872.23	2,621.67	2,179.67
Profit After Tax	307.94	191.74	287.04	156.39
Net Worth	396.58	1,668.64	1,476.90	1,189.86
Reserves and Surplus	396.58	1,658.64	1,466.90	1,179.86
Total Borrowing	2,341.80	2,048.63	1,570.12	1,234.18
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

72.48%

P/E Ratio

14.58

25.55

Market Cap

₹156.31 Cr.

₹67.58 Cr.

ROE

25.08%%

15.58%%

ROCE

21.86%%

9.79%%

Debt/Equity

0.77

1.18

EPS

₹9.47

₹1.21

RoNW

16.54%%

15.58%%

Shares Offered

In the Energy Mission Machineries IPO retail investors (RII) are offered 9,92,000 shares while in Refractory Shapes IPO retail investors are offered 9,92,000 shares. Qualified institutional buyers (QIB) are offered 5,66,000 shares in Energy Mission Machineries IPO and 11,44,000 shares in Refractory Shapes IPO.

	Energy Mission Machineries IPO	Refractory Shapes IPO
Anchor Investor Reserveration	8,49,000 shares	17,00,000 shares
Market Maker Reserveration	1,50,000 shares	3,04,000 shares
QIB	5,66,000 shares	11,44,000 shares
NII	4,25,000 shares	8,56,000 shares
RII	9,92,000 shares	19,96,000 shares
Employee	0 shares	0 shares
Others
Total	19,83,000 shares	39,96,000 shares

Bids Received (Subscription)

Energy Mission Machineries IPO subscribed 320.67x in total, whereas Refractory Shapes IPO subscribed 255.08x.

	Energy Mission Machineries IPO	Refractory Shapes IPO
QIB (times)	161.92x	90.59x
NII (times)	605.19x	464.43x
Big NII (times)
Small NII (times)
RII (times)	289.36x	259.56x
Employee (times)
Other (times)
Total (times)	320.67x	255.08x

Compare with others

Energy Mission Machineries IPO	Refractory Shapes IPO
Veritaas Advertising IPO	Aztec Fluids & Machinery IPO
Indian Emulsifier IPO	Premier Roadlines IPO
Aztec Fluids & Machinery IPO	Silkflex Polymers IPO
Premier Roadlines IPO	Energy Mission Machineries IPO
Silkflex Polymers IPO	TGIF Agribusiness IPO
TGIF Agribusiness IPO	Winsol Engineers IPO
Refractory Shapes IPO	Slone Infosystems IPO
Winsol Engineers IPO	Sai Swami Metals and Alloys IPO
Slone Infosystems IPO	Amkay Products IPO
Sai Swami Metals and Alloys IPO	Storage Technologies Racks and Rollers IPO

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