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

May 9, 2024 - May 13, 2024

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 bidding started from May 9, 2024 and ended on May 13, 2024. The allotment for Energy Mission Machineries IPO was finalized on Tuesday, May 14, 2024. The shares got listed on NSE SME on May 16, 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. The minimum amount of investment required by retail investors is ₹138,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹276,000.

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.

Refer to Energy Mission Machineries IPO RHP for detailed information.

Energy Mission Machineries IPO Details

IPO Date May 9, 2024 to May 13, 2024
Listing Date May 16, 2024
Face Value ₹10 per share
Price Band ₹131 to ₹138 per share
Lot Size 1000 Shares
Total Issue Size2,982,000 shares
(aggregating up to ₹41.15 Cr)
Fresh Issue2,982,000 shares
(aggregating up to ₹41.15 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue8,344,500
Share holding post issue11,326,500
Market Maker portion150,000 shares
Hem Finlease

Energy Mission Machineries IPO Reservation

Energy Mission Machineries IPO offers 2,982,000 shares. 566,000 (18.98%) to QIB, 425,000 (14.25%) to NII, 992,000 (33.27%) to RII and 849,000 (28.47%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered849,000 (28.47%)
Market Maker Shares Offered150,000 (5.03%)
QIB Shares Offered566,000 (18.98%)
NII (HNI) Shares Offered425,000 (14.25%)
Retail Shares Offered992,000 (33.27%)
Total Shares Offered2,982,000 (100%)

Energy Mission Machineries IPO Anchor Investors Details

Energy Mission Machineries IPO raises Rs 11.72 crore from anchor investors. Energy Mission Machineries IPO Anchor bid date is May 8, 2024. Energy Mission Machineries IPO Anchor Investors list

Bid Date May 8, 2024
Shares Offered 849,000
Anchor Portion Size (In Cr.) 11.72
Anchor lock-in period end date for 50% shares (30 Days) June 13, 2024
Anchor lock-in period end date for remaining shares (90 Days) August 12, 2024

Energy Mission Machineries IPO Timeline (Tentative Schedule)

Energy Mission Machineries IPO opens on May 9, 2024, and closes on May 13, 2024.

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 IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The below 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 ₹138,000
Retail (Max) 1 1000 ₹138,000
HNI (Min) 2 2,000 ₹276,000
Lot Size Calculator

Energy Mission Machineries IPO Promoter Holding

The promoters of the company are Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal and Snehal Narendra Mehta

Share Holding Pre Issue 100%
Share Holding Post Issue

About Energy-Mission Machineries (India) Limited

Incorporated in 2011, 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 (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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets9,958.118,258.657,382.456,575.72
Revenue8,399.7610,066.127,906.574,834.07
Profit After Tax674.80790.01336.1795.33
Net Worth3,027.822,353.021,563.011,226.84
Reserves and Surplus2,193.372,074.871,284.86948.69
Total Borrowing2,333.052,187.822,457.232,228.59
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Energy Mission Machineries IPO is Rs 156.31 Cr.

KPI as of December 31, 2023.

KPI Values
ROE25.08%
ROCE21.86%
Debt/Equity0.77
RoNW16.54%
P/BV4.08
PAT Margin (%)8.1
Pre IPO Post IPO
EPS (Rs) 9.479.88
P/E (x) 14.5813.97
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of August 31, 2023 that is available in RHP.

Objects of the Issue (Energy Mission Machineries IPO Objectives)

The company intend to utilize the proceeds of the net issue to meet the following objects:

  1. Funding of capital expenditure towards civil construction work at existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat
  2. Funding of capital expenditure towards installation of new plant & machineries
  3. To meet working capital requirements
  4. General Corporate Purpose

Energy Mission Machineries IPO Review (May apply)

[Dilip Davda]  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 set 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. Read detail review...


Energy Mission Machineries IPO Subscription Status (Bidding Detail)

The Energy Mission Machineries IPO is subscribed 320.67 times on May 13, 2024 6:19:58 PM. The public issue subscribed 289.36 times in the retail category, 161.92 times in the QIB category, and 605.19 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB161.92
NII605.19
Retail289.36
Total320.67

Total Application : 287,050 (289.36 times)

Energy Mission Machineries IPO Rating

5
3.4
Rating:Rated 3.4 stars
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Energy Mission Machineries IPO Listing Details

Listing Date May 16, 2024
BSE Script Code
NSE Symbol EMMIL
ISIN INE0S1L01013
Final Issue Price ₹138 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹138.00
₹366.00
₹350.30
₹384.30
₹384.25

Check IPO Performance…

Energy-Mission Machineries (India) Limited Contact Details

Energy-Mission Machineries (India) Limited
E-9/3 & E-12 Sanand-II Industrial Area
Bol GIDC Sanand
Bol, Ahmedabad– 382 170
Phone: +91-7984768296
Email: cfo@energymission.com
Website: https://www.energymission.com/

Energy Mission Machineries IPO Registrar

Energy Mission Machineries IPO - Buy or Not

Energy Mission Machineries IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Energy Mission Machineries IPO FAQs

Energy Mission Machineries IPO is a SME IPO of 2,982,000 equity shares of the face value of ₹10 aggregating up to ₹41.15 Crores. The issue is priced at ₹131 to ₹138 per share. The minimum order quantity is 1000 Shares.

The IPO opens on May 9, 2024, and closes on May 13, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Energy Mission Machineries IPO using UPI as a payment gateway. Zerodha customers can apply in Energy Mission Machineries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Energy Mission Machineries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Energy Mission Machineries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Energy Mission Machineries IPO opens on May 9, 2024 and closes on May 13, 2024.

Energy Mission Machineries IPO lot size is 1000 Shares, and the minimum amount required is ₹138,000.

You can apply in Energy Mission Machineries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Energy Mission Machineries IPO will be done on Tuesday, May 14, 2024, and the allotted shares will be credited to your demat account by Wednesday, May 15, 2024. Check the Energy Mission Machineries IPO allotment status.

The Energy Mission Machineries IPO listing date is on May 16, 2024.
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Energy Mission Machineries IPO Message Board

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261 Comments

119. Not Smart |   Link |  Bookmark |June 3, 2024 9:25:03 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Applied 2 Retail inspite of Negative recommendation by DD Sir, reason being Hem's LM
118. Not Smart |   Link |  Bookmark |June 3, 2024 2:23:20 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Applied 2 retail inspite of DD Sir's negative recommendation because of HEM
117. SAMJO HO HI GAYA |   Link |  Bookmark |May 28, 2024 6:01:51 PM
seems SME too much selling pressure.
117.1. Iposs |   Link |  Bookmark |May 28, 2024 10:38:07 PM (300+ Posts)
@Admin @ Chittorgarh.com  Why no BOA till now ?
116. Build Wealth |   Link |  Bookmark |May 24, 2024 4:33:02 PM
when are the year end results expected?
115. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 21, 2024 6:46:08 PM
Anush Kedia bought 83000 shares today
114. SAMJO HO HI GAYA |   Link |  Bookmark |May 18, 2024 5:15:28 PM
ankush kedia bought 67000 shares of EMMIL

114.5. Arvind Surykant Oak |   Link |  Bookmark |May 19, 2024 11:25:22 PM
Yes absolutely right!!!
114.6. SAMJO HO HI GAYA |   Link |  Bookmark |May 20, 2024 3:56:13 PM
21/05 more chance of UC
113. Red Vs Green |   Link |  Bookmark |May 18, 2024 10:49:09 AM
Can not believe that company has delivered product to CeRN
113.5. Vikajay |   Link |  Bookmark |May 19, 2024 9:20:06 AM
Kedia is late to the party, he was timing and made late entry. Had he come on day 1. There would have been a blast already. The party was almost full. People who came early are tired, some already left, but remaining or newcomers will to dance to the music or not? Let's see.
113.6. Arvind Surykant Oak |   Link |  Bookmark |May 19, 2024 11:28:59 PM
Affordable Robotics,Jyoti CNC and Macpower CNC are few companies manufacture CNC
112. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 16, 2024 2:42:28 PM
Locked at upper circuit again.only 5 lakhs shares available for trade .buy orders pending for 79000 shares but no sellers
112.2. Vimal Garodia |   Link |  Bookmark |May 16, 2024 7:23:55 PM
IPO Guru IPO Guru (3400+ Posts, 3800+ Likes)
@Ved Asole There is no semi listed company.
It simply means nobody wants to sell, everybody wants to buy!! 😊😊
112.3. Vimal Garodia |   Link |  Bookmark |May 16, 2024 7:25:33 PM
IPO Guru IPO Guru (3400+ Posts, 3800+ Likes)
Typo : * semi listed state..
111. Lucky Investor 👷 |   Link |  Bookmark |May 16, 2024 7:12:49 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
No Bulk Deal of any kind in Energy-Mission Machineries on 16th May 2024.
111.2. Simply Vicky |   Link |  Bookmark |May 17, 2024 12:34:35 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
@Lucky investor Yesterday it was UC. today it opened with LC. It gave big surprise to all the allottees who are still holding and is pain giver to those who bought it in preopen.
That's why sme are very risky to hold if you just place order under emotions without factoring in current financial, sector where it performs, financial ratios & future growth prospects.
It is always a luck if you get good gain post listing. It just only happens in fewer sme stocks. Otherwise things may happen sideways and will cause loss to you.
111.3. SAMJO HO HI GAYA |   Link |  Bookmark |May 18, 2024 4:36:43 PM
and now its entry of ankush kedia. ab es stock me jan aayegi
110. Vikajay |   Link |  Bookmark |May 16, 2024 12:18:50 PM
Woh 75% of free float traded. It's quite a lot considering issue size. It will be interesting to look at bulk deal today. Any CG member bought today?
110.2. Vikajay |   Link |  Bookmark |May 16, 2024 4:35:55 PM
17.07L is no shares to be delivered today. If you divide 1707000 by 2, number comes to 853500, this can't be true as lot size is in multiples of 1000.
110.3. Ved Asole |   Link |  Bookmark |May 16, 2024 5:27:54 PM
Does that mean it's in semi-listed state?
109. Ved Asole |   Link |  Bookmark |May 16, 2024 5:27:21 PM
It's the IPO still in semi-listing state? I see my broker still not listed it application.
108. Anshujii |   Link |  Bookmark |May 16, 2024 8:44:07 AM
Top Contributor Top Contributor (700+ Posts, 100+ Likes)
Surprisingly many people got sme ipo first time in this issue as per message posted by them..good ipo for newbies..All the best..
108.1. StarGarage |   Link |  Bookmark |May 16, 2024 8:56:01 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
i think few got. not many. As usual i did not get
108.2. Anshujii |   Link |  Bookmark |May 16, 2024 12:00:22 PM
Top Contributor Top Contributor (700+ Posts, 100+ Likes)
All the best for future allotments..
107. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 16, 2024 11:20:20 AM
OUT OF THE FREE FLOAT OF 22 LAKSH SHAREAS AVILABLE FOR TRADE ALREADY 15 LAKHS ARE TRADED .NOW ONLY ROUGHLY 7 LAKHS SHAREAS CAN BE TRADED AS THIS TRDE TO TRADE .
106. PLAZA |   Link |  Bookmark |May 16, 2024 9:48:50 AM
IPO Guru IPO Guru (2400+ Posts, 1300+ Likes)
STILL BOA IS NOT AVAILABLE
106.1. KGSKIPO |   Link |  Bookmark |May 16, 2024 11:18:39 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Published in papers but full list is not available. Only sample list given
105. IPOGainers |   Link |  Bookmark |May 16, 2024 10:29:17 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Muc more upside expected in this counter
104. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 16, 2024 10:27:31 AM
ENTIRE 13.79 LAKSH SHARES TRADED ARE TRADE TO TRDE SO FOE DELIVERY ONLY.WHAT DOES IT INDICATE
103. Build Wealth |   Link |  Bookmark |May 16, 2024 10:02:55 AM
on pre-open session we saw buy orders for ~579 and Equilibrium price went from ~540 to 366. how does it work? did all of those 500+ buy orders actually got executed?
103.1. Rajiv RR |   Link |  Bookmark |May 16, 2024 10:10:56 AM
IPO Mentor IPO Mentor (1100+ Posts, 300+ Likes)
@Build Wealth Yes, but they would be allotted at pre-open price (366).
102. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 16, 2024 10:00:49 AM
LOCKED AT UPPER CIRCUIT AT 384
101. PRABHAKAR VENKATARAMAN |   Link |  Bookmark |May 16, 2024 9:50:20 AM
EQU PRICE SETTLED AT RS 366
100. PLAZA |   Link |  Bookmark |May 16, 2024 9:47:31 AM
IPO Guru IPO Guru (2400+ Posts, 1300+ Likes)
HEM KA JALWA AAKHIR AA GAYA. ONE OF THE BEST LISTING . CONGRATULATIONS TO ALLL ALLOTTEEES