Energy Mission Machineries IPO GMP, Review, Price, Allotment

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Last updated on May 16, 2024

Energy Mission Machineries IPO GMP

Energy Mission Machineries IPO description – Incorporated in 2011, Energy Mission Machineries (India) designs and manufactures CNC, NC, and conventional metal forming machines that cater to the industrial sector’s need for metal fabrication solutions. The company’s range of metal forming machines includes press brake machines, shearing machines, plate rolling machines, ironworker machines, hydraulic presses, and busbar bending, cutting, and punching machines.

The company’s machines are used across various industries, including automotive, steel, pre-engineered buildings, furniture, HVAC, agricultural equipment, road construction equipment, elevators, food processing machinery, metalworking workshops, etc.

From April 2023 to August 2023, the company provided over 1,487 metal-forming machines to more than 1,050 customers. These machines included over 600 variations and were supplied during the last three fiscal years and the five months of the current fiscal year. As of 31 August 2023, the company has the capacity to produce 900 machines per year.

Energy Mission Machineries (India) has sold its products to customers in over 20 states and 2 union territories in India. Additionally, the company has exported its products to several countries worldwide, including the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE, Saudi Arabia, and other countries in the Middle East.

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Promoters of Energy Mission Machineries – Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal and Snehal Narendra Mehta


Energy Mission Machineries IPO Details

Energy Mission Machineries IPO Dates9 – 13 May 2024
Energy Mission Machineries Issue PriceINR 131 – 138 per share
Fresh issue2,982,000 shares (INR 39.06 – 41.15 crore)
Offer For SaleNIL
Total IPO size2,982,000 shares (INR 39.06 – 41.15 crore)
Minimum bid (lot size)1,000 shares (INR 138,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

Energy Mission Machineries Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue47.6178.3599.5683.28
Expenses47.3674.5590.5574.31
Net income0.953.367.906.75
Figures in INR Crores unless specified otherwise

Energy Mission Machineries Offer News


Energy Mission Machineries Valuations & Margins

FY 2021FY 2022FY 2023
EPS1.144.039.47
PE ratio––13.83 – 14.57
RONW (%)7.7721.5133.57
NAV14.7018.7328.20
ROCE (%)10.1217.1528.08
EBITDA (%)9.4710.1613.67
Debt/Equity 1.821.570.93
*Compiled by IPO Central from Prospectus

Energy Mission Machineries IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
15 May 2024135–1,05,000
14 May 2024135–1,04,000
13 May 2024135–1,04,000
11 May 2024125–96,700
10 May 2024105–70,000
9 May 202490–68,500
8 May 202480–62,000
7 May 202460–40,000
6 May 202460–40,000
4 May 202460–45,000

Energy Mission Machineries IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered5,66,0004,25,0009,92,00019,83,000
13 May 2024161.92605.33287.89319.97
10 May 20242.6216.1734.4221.43
9 May 20242.514.8610.446.98

The market maker reservation portion of 150,000 shares is not included in the above calculations.


Energy Mission Machineries IPO Allotment Status

Energy Mission Machineries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.


Energy Mission Machineries IPO Dates & Listing Performance

IPO Opening Date9 May 2024
IPO Closing Date13 May 2024
Finalization of Basis of Allotment14 May 2024
Initiation of refunds15 May 2024
Transfer of shares to demat accounts15 May 2024
Energy Mission Machineries IPO Listing Date16 May 2024
Opening Price on NSE SMEINR 366 per share (up 165.22%)
Closing Price on NSE SMEINR 384.25 per share (up 178.44%)

Energy Mission Machineries Offer Lead Manager

HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com


Energy Mission Machineries Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Energy Mission IPO Contact Details

ENERGY-MISSION MACHINERIES (INDIA) LIMITED
E-9/3 & E-12 Sanand-II Industrial Area,
Bol GIDC Sanand, Bol, Ahmedabad, Gujarat – 382 170
Phone: +91-7984768296
E-mail: [email protected]
Website: www.energymission.com


IPO FAQs

What is the Energy Mission Machineries (India) IPO size?

Energy Mission Machineries’ offer size is INR 39.06 – 41.15 crores.

What is the Energy Mission Machineries offer price band?

Energy Mission Machineries’ public offer price is INR 131 – 138 per share.

What is the lot size of the Energy Mission Machineries (India) IPO?

Energy Mission Machineries offer lot size is 1,000 shares.

What is Energy Mission Machineries IPO GMP today?

Energy Mission Machineries IPO GMP today is INR 135 per share.

What is the Energy Mission Machineries kostak rate today?

Energy Mission Machineries kostak rate today is INR NA per application.

What is Energy Mission Machineries Subject to the Sauda rate today?

Energy Mission Machineries is Subject to the Sauda rate today is INR 1,05,000 per application.

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