Energy Mission Machineries IPO vs TGIF Agribusiness IPO

Comparision between Energy Mission Machineries IPO and TGIF Agribusiness IPO.

IPO Details

Energy Mission Machineries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Energy Mission Machineries IPO	TGIF Agribusiness IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
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 TGIF Agribusiness IPO is up to ₹6.39 Cr. The final issue price of Energy Mission Machineries IPO is ₹138.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.

	Energy Mission Machineries IPO	TGIF Agribusiness IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹131.00 per share
Issue Price (Upper)	₹138.00 per share
Issue Price (Final)	₹138.00 per share	₹93.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	29,82,000 shares	6,87,600 shares
Fresh Issue Size (Amount)	up to ₹41.15 Cr	up to ₹6.39 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	29,82,000 shares	6,87,600 shares
Issue Size Total (Amount)	up to ₹41.15 Cr	up to ₹6.39 Cr

IPO Timetable

Energy Mission Machineries IPO opens on May 09, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Energy Mission Machineries IPO and TGIF Agribusiness IPO is May 13, 2024, and May 10, 2024, respectively.

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

Financials

Energy Mission Machineries IPO P/E ratio is 14.58, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.

Energy Mission Machineries IPO

TGIF Agribusiness 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

TGIF Agribusiness Limited Financial Information (Restated)

TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	282.32	187.52	65.33	291.62
Revenue	171.79	232.28	207.14	181.59
Profit After Tax	81.41	130.07	115.48	38.18
Net Worth	190.00	175.89	45.82	257.91
Total Borrowing	67.30
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

99.80%

Promoter Shareholding (Post-Issue)

73.28%

P/E Ratio

14.58

13.58

Market Cap

₹156.31 Cr.

₹24.06 Cr.

ROE

25.08%%

ROCE

21.86%%

Debt/Equity

0.77

EPS

₹9.47

₹6.85

RoNW

16.54%%

42.85%

Shares Offered

In the Energy Mission Machineries IPO retail investors (RII) are offered 9,92,000 shares while in TGIF Agribusiness 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 0 shares in TGIF Agribusiness IPO.

	Energy Mission Machineries IPO	TGIF Agribusiness IPO
Anchor Investor Reserveration	8,49,000 shares
Market Maker Reserveration	1,50,000 shares	34,800 shares
QIB	5,66,000 shares	0 shares
NII	4,25,000 shares	3,26,400 shares
RII	9,92,000 shares	3,26,400 shares
Employee	0 shares	0 shares
Others
Total	19,83,000 shares	6,52,800 shares

Bids Received (Subscription)

Energy Mission Machineries IPO subscribed 320.67x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.

	Energy Mission Machineries IPO	TGIF Agribusiness IPO
QIB (times)	161.92x
NII (times)	605.19x	35.35x
Big NII (times)
Small NII (times)
RII (times)	289.36x	32.92x
Employee (times)
Other (times)
Total (times)	320.67x	37.13x

Compare with others

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

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