Energy-Mission Machineries (India) SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Get everything you need to know about the Energy-Mission Machineries (India) IPO. Explore Energy Mission Machineries (India) IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
09 May - 13 May 2024
Price Range
₹ 131 - 138
Issue Size
Approx ₹ 41.15 crore
Listed Price
₹366165.22%

Overview

Energy-Mission Machineries (India) Limited, established in 2011, specializes in the design and manufacture of CNC, NC, and conventional metal forming machines. These machines cater to the metal fabrication needs of various industrial sectors, offering precision solutions for cutting and forming operations. The company’s diverse product range includes press brake machines, shearing machines, plate rolling machines, ironworkers, hydraulic presses, and busbar machines for bending, cutting, and punching.

Key Points:

  • Product Range: The company offers over 600 variants of metal forming machines, serving industries such as automotive, steel, pre-engineered building, furniture, HVAC, agriculture, road construction, elevators, and food processing.
  • Global Presence: Energy-Mission Machineries exports its products to countries including the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE, Saudi Arabia, and other Middle Eastern countries, besides serving the domestic market in India.
  • After-sales Support: Apart from manufacturing machines, the company provides machinery tools and spare parts to address after-sales support and services, ensuring customer satisfaction.
  • Innovation: Energy-Mission Machineries stays ahead in innovation, recently launching four-roll machines at IMTEX 2024 and developing an automated material handling system for CNC machines.

IPO Docs

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

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates09 May - 13 May 2024
IPO Price Band₹ 131 - 138 per share
Fresh IssueUpto 29,82,000 Shares
Offer For SaleNIL
Total IPO SizeApprox ₹ 41.15 crore
Face Value₹ 10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date09 May 2024
IPO Closing Date13 May 2024
Basis Of Allotment14 May 2024
Refunds15 May 2024
Demat Transfer15 May 2024
IPO Listing Date16 May 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 2023Dec 2023
Total Income48.3479.07100.6684.0
Total Expenses47.3674.5590.5574.31
Net Profit/Loss0.953.367.906.75
NPM (*)2.04.297.938.10
Total Assets65.7673.8282.5999.58
Total Liabilities53.4958.1959.0569.30

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 2023Dec 2023
EPS1.144.039.478.09
ROE (%)7.8924.1040.3525.08
ROCE (%)10.1217.1528.0821.86
D/E Ratio1.821.570.930.77
Current Ratio0.961.031.121.19
EBITDA MARGIN (%)9.4710.1613.6715.26

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Energy-Mission Machineries (India) Limited 100.6614.579.4733.5728.20
Macpower CNC Machines Limited 202.1489.0612.8913.3496.61
Jyoti CNC Automation Limited 952.60779.561.0218.355.57

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)161.92
Non-Institutional Investor (NII/HNI)605.19
Retail Individual Investor (RII)289.36
Total320.67

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Bigshare Services Private Limited
Phone
: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Company Promoters

  • Satishkumar Kanjibhai Parmar
  • Dineshkumar Shankarlal Chaudhary
  • Sanjay Shantukumar Khankar
  • Ashokkumar Ramjibhai Panchal
  • Snehal Narendra Mehta
  • Sumitraben Mehta

Lead Managers

  • HEM SECURITIES LIMITED

Company Address

Energy-Mission Machineries (India) Limited

E-9/3 & E-12 Sanand-II Industrial Area, Bol GIDC Sanand, Bol, Ahmedabad, Gujarat – 382 170, India

Phone: +91-7984768296

Email: cfo@energymission.com

Website: www.energymission.com

FAQs

  • What is the issue size of the Energy Mission Machineries (India) SME IPO?
    The Energy Mission Machineries (India) SME IPO has an issue size of Approx ₹ 41.15 crore. This includes a fresh issue of Upto 29,82,000 Shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Energy Mission Machineries (India) IPO?
    The price band for the Energy Mission Machineries (India) IPO is ₹ 131 - 138 per share.
  • What are the bidding dates for the Energy Mission Machineries (India) IPO?
    The Energy Mission Machineries (India) IPO will open for bidding on 09 May 2024 and close on 13 May 2024.
  • What is the allotment date for the Energy Mission Machineries (India) IPO?
    The allotment date for the Energy Mission Machineries (India) IPO is 14 May 2024.
  • What is the listing date for the Energy Mission Machineries (India) IPO?
    The listing date for the Energy Mission Machineries (India) IPO is 16 May 2024.
  • What is the Energy Mission Machineries (India) IPO grey market premium?
    The grey market premium (GMP) for the Energy Mission Machineries (India) IPO is currently at ₹130, with an expected listing gain of approximately 94.2%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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