ENERGY MISSION MACHINERIES
Book Built Issue IPO · NSE
- Price band
- ₹131 - ₹138
- Lot size
- 1,000 shares
- Issue amount
- ₹41.15 cr
- Total subscription
- 319.97×
- Opens
- 9 May 2024
- Closes
- 13 May 2024
- Allotment
- 14 May 2024
- Listing
- 16 May 2024
Offer at a glance
Issue overview
- Issue size
- 29,82,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,31,000
- Fresh issue
- ₹41.15 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,38,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 83,44,500
- Shares after issue
- 1,13,26,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,38,000 |
| HNI | 2 | 2,000 | ₹2,76,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.81 | 1,264.69 |
| RETAIL | 13.69 | 3,941.13 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 8.09 | 9.47 | 4.03 |
| ROE | 25.08 | 40.35 | 24.1 |
| ROCE | 21.86 | 28.08 | 17.15 |
| RONW | 22.29 | 33.57 | 21.51 |
| PRE IPO(PE) | 4.08 | 0 | 0 |
| POST IPO(PE) | 14.58 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Energy-Mission Machineries (India) Limited, established in 2011, is a leading manufacturer of precision metal forming machines used in industries like automotive, steel, furniture, agriculture, construction, and food processing. The company offers a wide range of products, including press brakes, shearing machines, plate rolling machines, ironworkers, and hydraulic presses. With a manufacturing facility in Sanand, Ahmedabad, spanning 18,234 square meters and an annual production capacity of 900 machines, the company has served over 1,050 customers across 20 states and 2 Union Territories in India. It is ISO 9001:2015 certified and generates significant revenue from Maharashtra, Gujarat, and Karnataka. As of October 31, 2023, Energy-Mission Machineries employed 253 permanent staff, supported by additional contract-based personnel.
Strengths
- Wide Customer Reach: Energy-Mission Machineries serves a diverse range of industries across multiple regions, reducing reliance on any single sector. This broad customer base helps maintain steady revenue and keeps the business resilient to market changes.
- Versatile Product Line: The company offers a variety of metal forming machines designed to meet different industrial needs. This flexibility attracts a wide range of clients and strengthens customer relationships by providing customized solutions.
- Own Manufacturing Facility: With its own production unit, Energy-Mission Machineries controls quality, costs, and delivery timelines efficiently. This in-house capability ensures reliable products, faster customization, and smooth operations, giving the company a strong competitive edge.
Risk factors
- Rental Agreement Risks: The company depends on rented administrative premises, which could lead to disruptions if lease agreements are not renewed or if disputes arise. Such uncertainties may affect business operations and efficiency.
- Logistics Dependency: Relying on third-party logistics for raw materials and product deliveries comes with risks. Any transportation delays or inefficiencies could slow down production, increase costs, and impact customer satisfaction.
- Financial Burden from Debt: The company's high debt levels may lead to financial strain, increased interest payments, and limited growth opportunities. Managing this debt effectively is crucial for long-term stability and expansion.
Promoters
Satishkumar Kanjibhai Parmar
Dineshkumar Shankarlal Chaudhary
Sanjay Shantukumar Khankar
Ashokkumar Ramjibhai Panchal
Snehal Narendra Mehta
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7E-9/3 & E-12 Sanand-II Industrial Area, Bol GIDC Sanand, Bol, Ahmedabad– 382 170
+91-7984768296
[email protected]Company website ↗Understanding EMMIL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.