The Energy Mission Machineries Limited date has been confirmed from May 9, 2024 to May 13, 2024. Read the post to learn about Energy Mission Machineries Limited IPO GMP.
The Energy Mission Machineries IPO is a new offering of 29.82 lakh shares, with a total value of Rs 41.15 crores. Investors can subscribe to the IPO from May 9 to May 13, 2024. The allotment of shares is expected to be completed on May 14, 2024, and the IPO will be listed on NSE SME on May 16, 2024.
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Key Details Of Energy Mission Machineries Limited IPO
Bidding Dates
May 9-13
Price Range
₹131 to ₹138 per share
Face Value
₹10 per share
GMP
₹130
Energy Mission Machineries Limited IPO GMP
The Energy Mission Machineries Limited IPO GMP is ₹130.
IPO Overview
Established in 2011, Energy Mission Machineries (India) Limited creates various metal-forming machines for industrial use. Their precision machines are used in automotive, steel, furniture, HVAC, agriculture, construction, elevators, food processing, and more. They offer press brakes, shearing, plate rolling, ironworkers, hydraulic presses, and busbar bending, cutting, and punching machines.
Between April 2023 and August 2023, the company delivered more than 1,050 metal-forming machines to over 1,487 customers, with over 600 variations. This took place over the past three fiscal years and five months.
Energy Mission Machineries Limited IPO Details
| IPO Date | May 9, 2024 to May 13, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹131 to ₹138 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 2,982,000 shares (aggregating up to ₹41.15 Cr) |
| Fresh Issue | 2,982,000 shares (aggregating up to ₹41.15 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,344,500 |
| Share holding post issue | 11,326,500 |
| Market Maker portion | 150,000 shares |
Energy Mission Machineries Limited Financial Information
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 9,042.31 | 8,258.65 | 7,382.45 | 6,575.72 |
| Revenue | 4,947.77 | 10,066.12 | 7,906.57 | 4,834.07 |
| Profit After Tax | 466.29 | 790.01 | 336.17 | 95.33 |
| Net Worth | 2,819.31 | 2,353.02 | 1,563.01 | 1,226.84 |
| Reserves and Surplus | 1,984.86 | 2,074.87 | 1,284.86 | 948.69 |
| Total Borrowing | 2,421.27 | 2,187.82 | 2,457.23 | 2,228.59 |
| Amount in ₹ Lakhs | ||||
Energy Mission Machineries Limited IPO Timeline
| 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 |
Company Profile
Energy Mission Machineries (India) Limited is excited to share that in the financial year 2023-2024, we are making a big step by becoming a publicly traded company. This decision will help us grow our manufacturing facility, improve self-sufficiency, and build stronger relationships with our stakeholders through increased transparency. At “Energy Mission”, we are committed to providing top-notch products at affordable prices with excellent customer service. We have established our manufacturing facilities, streamlined manufacturing processes with advanced technology expertise, and built a strong sales
network in India and overseas to accomplish this goal. Our dedicated customer care team is always prepared to assist customers with their needs promptly. With our experienced workforce, we have a successful track record of meeting the varied requirements of customers worldwide.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | Coming Soon |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Energy Mission Machineries (India) Limited |
| Phone number | +91-7984768296 |
| Email ID | [email protected] |
| Website | energymission.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Energy Mission Machineries Limited IPO FAQs
When Energy Mission Machineries IPO will open?
The Energy Mission Machineries IPO opens on May 9, 2024 and closes on May 13, 2024.
What is the lot size of Energy Mission Machineries IPO?
Energy Mission Machineries IPO lot size is 1000 Shares, and the minimum amount required is ₹138,000.
When is Energy Mission Machineries IPO listing date?
The Energy Mission Machineries IPO listing date is not yet announced. The tentative date of Energy Mission Machineries IPO listing is Thursday, May 16, 2024.
