Incorporated in 2011, Energy Mission Machineries designs and manufactures CNC, NC, and conventional metal forming machines that cater to the industrial sector’s requirement for metal fabrication solutions. Their wide spectrum of metal forming machines includes press brake machines, shearing machines, plate rolling machines, iron workers machines, hydraulic presses, and busbar bending, cutting & punching machines. Through their array of products, they provide manufacturers with vital precision machines that are required for metal cutting and forming operations. Their machines are utilized across a wide gamut of industries such as automotive, steel, pre-engineered building, furniture, HVAC, agricultural equipment, road construction equipment, elevators, food processing machinery, metalworking workshops, and many others.
They offer over 600 variants of metal forming machines and during the last 3 Fiscals and the five months i.e. Apr.’23 to Aug.’23, their Company has supplied 1487 machines to over 1050 customers. During the last 3 Fiscals and the five months i.e. Apr.’23 to Aug.’23, they have sold their products in India and several other countries across the globe including USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE, Saudi Arabia, and other Middle east countries. They also provide machinery tools and spare parts such as Die punches, Shearing Blades, Roller Sets, Holding Springs, Limit Switches, Foot Switch, Seal kits, Linear Scales, etc. which also aids in addressing after-sales support and services. As of October 31, 2023, their sales & marketing team comprised 20 employees managing the designated regions within India. Their Sales team is also backed by an after-sales service team of 22 employees who provide their customers with access to maintenance services and spare parts and respond to customer grievances.
For the Fiscal 2023, they have sold 500 machines to over 400 customers. Their ability to provide a wide range of machines has helped them garner customers engaged in various sectors such as metal fabrication, pre-engineered building, agriculture, kitchen equipment, machinery manufacturing, automotive, food processing, furniture, HVAC, elevators, steel, etc. Further, in F.Y. 2022-23, we successfully sold our hydraulic shearing machine to CERN which is the European Organization for Nuclear Research based in Geneva, Switzerland.
Objects of the Issue:
- Funding of capital expenditure towards civil construction work at existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat
- Funding of capital expenditure towards installation of new plant & machineries
- To meet working capital requirements
- General Corporate Purpose
Energy Mission Machineries IPO Review
- May Apply
Energy Mission Machineries IPO Date & Price Band Details
| IPO Open: | May 9, 2024 |
| IPO Close: | May 13, 2024 |
| IPO Size: | Approx ₹41.15 Crores, 3,868,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹131 to ₹138 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Energy Mission Machineries IPO Market Lot
The Energy Mission Machineries IPO minimum market lot is 1000 shares with a ₹138,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹138,000 |
| Retail Maximum | 1 | 1000 | ₹138,000 |
| S-HNI Minimum | 2 | 2000 | ₹276,000 |
Energy Mission Machineries IPO Dates
The Energy Mission Machineries IPO date is May 2 and the IPO close date is May 6. The IPO allotment date is May 10 and the IPO might list on May 15.
| IPO Open Date: | May 9, 2024 |
| IPO Close Date: | May 13, 2024 |
| Basis of Allotment: | May 14, 2024 |
| Refunds: | May 15, 2024 |
| Credit to Demat Account: | May 15, 2024 |
| IPO Listing Date: | May 16, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Energy Mission Machineries IPO Form
How to apply Energy Mission Machineries IPO? You can apply Energy Mission Machineries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Energy Mission Machineries IPO in the Invest section. The other option you can apply Energy Mission Machineries IPO via IPO forms download via the NSE website. Check out the Energy Mission Machineries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Energy Mission Machineries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹48.34 | ₹47.36 | ₹0.95 |
| 2022 | ₹79.07 | ₹74.55 | ₹3.36 |
| 2023 | ₹100.66 | ₹90.55 | ₹7.90 |
| August 2023 | ₹49.48 | ₹43.21 | ₹4.66 |
Energy Mission Machineries IPO Valuation – FY2023
Check Energy Mission Machineries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹9.47 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 33.57% |
| Net Asset Value (NAV): | ₹28.20 per Equity Share |
Peer Group
- Macpower CNC Machines Limited
- Jyoti CNC Automation Limited
Company Promoters
- Satishkumar Kanjibhai Parmar
- Dineshkumar Shankarlal Chaudhary
- Sanjay Shantukumar Khankar
- Ashokkumar Ramjibhai Panchal
- Snehal Narendra Mehta
Energy Mission Machineries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Energy Mission Machineries IPO Allotment Status
Check Energy Mission Machineries IPO allotment status on Bigshare website URL. Click Here
Energy Mission Machineries IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
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: [email protected]
Website: https://www.energymission.com/
