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Energy Mission Machineries IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates May 09 to May 13 2024
Price Band ₹131 - 138
Current GMP ₹366
Subscription 320.67 times

IPO Details

IPO Date
May 9, 2024 to May 13, 2024
Listing Date
Thursday, May 16, 2024
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 Hem Finlease

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
161.92
Non-Institutional Buyers***
605.19
Retail Investors
289.36
Total **
320.67

Day Wise Sub

DayDay 1 May 9, 2024
QIB2.51
NII*4.90
Retail10.79
Total7.17
DayDay 2 May 10, 2024
QIB2.62
NII*15.96
Retail35.28
Total21.82
DayDay 3 May 13, 2024
QIB161.92
NII*605.19
Retail289.36
Total320.67

Day Wise GMP

Date16-05-2024
Price138.00
GMP130(94.2%)
Estimate List Price268
Date15-05-2024
Price138.00
GMP130(94.2%)
Estimate List Price268
Date14-05-2024
Price138.00
GMP160(115.94%)
Estimate List Price298
Date13-05-2024
Price138.00
GMP140(101.45%)
Estimate List Price278
Date12-05-2024
Price138.00
GMP140(101.45%)
Estimate List Price278
Date11-05-2024
Price138.00
GMP140(101.45%)
Estimate List Price278
Date10-05-2024
Price138.00
GMP140(101.45%)
Estimate List Price278
Date09-05-2024
Price138.00
GMP140(101.45%)
Estimate List Price278
Date08-05-2024
Price138.00
GMP110(79.71%)
Estimate List Price248
Date07-05-2024
Price138.00
GMP90(65.22%)
Estimate List Price228
Date06-05-2024
Price138.00
GMP60(43.48%)
Estimate List Price198
Date05-05-2024
Price138.00
GMP55(39.86%)
Estimate List Price193
Date04-05-2024
Price138.00
GMP55(39.86%)
Estimate List Price193
Date03-05-2024
Price138.00
GMP55(39.86%)
Estimate List Price193
Date02-05-2024
Price138.00
GMP0(0.0%)
Estimate List Price138

IPO Important Dates

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

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1000
Amount₹138,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹138,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹276,000

Financial Information

Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20239,958.11
31 Mar 20238,258.65
31 Mar 20227,382.45
Period EndedRevenue
31 Dec 20238,399.76
31 Mar 202310,066.12
31 Mar 20227,906.57
Period EndedProfit After Tax
31 Dec 2023674.80
31 Mar 2023790.01
31 Mar 2022336.17
Period EndedNet Worth
31 Dec 20233,027.82
31 Mar 20232,353.02
31 Mar 20221,563.01
Period EndedReserves and Surplus
31 Dec 20232,193.37
31 Mar 20232,074.87
31 Mar 20221,284.86
Period EndedTotal Borrowing
31 Dec 20232,333.05
31 Mar 20232,187.82
31 Mar 20222,457.23

Key Performance Indicator

ROE
25.08%
ROCE
21.86%
Debt/Equity
0.77
RoNW
16.54%
P/BV
4.08
PAT Margin (%)
8.1
EPS (Rs)
9.47

IPO Reservation

Anchor Investor Shares Offered
849,000 (28.47%)
Market Maker Shares Offered
150,000 (5.03%)
QIB Shares Offered
566,000 (18.98%)
NII (HNI) Shares Offered
425,000 (14.25%)
Retail Shares Offered
992,000 (33.27%)
Total Shares Offered
2,982,000 (100%)

Information about company

Incorporated in 2011, Energy-Mission Machineries (India) Limited designs and manufactures various metal forming machines for industrial metal fabrication. The company's precision machines are utilized across various industries, such as automotive, steel, furniture, HVAC, agriculture, construction, elevators, food processing, and more. Its products include press brakes, shearing, plate rolling, ironworkers, hydraulic presses, and busbar bending, cutting, and punching machines. The company exports its products to the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE and Saudi Arabia. From April 2023 to August 2023, the company supplied more than 1,050 customers with over 1,487 metal forming machines, which include over 600 variations. This occurred over the last three fiscal years and five months. The company's manufacturing facility is situated in Sanand, Ahmedabad, spread over 18,234 sq. mtrs. As of August 31, 2023, the manufacturing facility is ISO 9001:2015 certified.  The company has the ability to produce 900 machines annually. The company sells products in 20 states and 2 Union Territories in India, with most revenue from Maharashtra, Gujarat, and Karnataka. On October 31, 2023, the company had 253 permanent employees on a consolidated level. It also employed individuals on a contract basis.

Objectives of IPO

The company intend to utilize the proceeds of the net issue to meet the following objects: 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

Disclaimer

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