Lamosaic India Limited...
14 Nov 2024
Energy Mission Machineries Limited IPO
Energy Mission Machineries (India) Ltd. (EMML) is engaged in designing and manufacturing CNC, NC and conventional metal forming machines which caters to the industrial sector requirement for metal fabrication solutions. Its wide spectrum of metal forming machines includes press brake machines, shearing machines, plate rolling machines, ironworkers machines, hydraulic presses and bus bar bending, cutting & punching machines. Through its array of products, the company provides manufacturers with vital precision machines which are required for metal cutting and forming operations. Energy Mission Machineries IPO is a book built issue of Rs 41.15 crores.
The issue is entirely a fresh issue of 29.82 lakh shares. Energy Mission Machineries IPO opens for subscription on May 9, 2024 and closes on May 13, 2024. Energy Mission Machineries IPO price band is set at ₹131 to ₹138 per share. The minimum lot size for an application is 1000 Shares. Hem Securities Limited is the book running lead manager of the Energy Mission Machineries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Energy Mission Machineries IPO is Hem Finlease.
Energy Mission Machineries IPO Overview
| Detail | Description |
|---|---|
| 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 IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| 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 |
Energy Mission Machineries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹138,000 |
| Retail (Max) | 1 | 1000 | ₹138,000 |
| HNI (Min) | 2 | 2,000 | ₹276,000 |
Energy Mission Machineries IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not More than 50% of the Net Issue |
| Retail Shares Offered | Not Less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
Energy Mission Machineries IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
Energy Mission Machineries IPO Anchor Investors Details
| Bid Date | May 8, 2024 |
| Shares Offered | 849,000 |
| Anchor Portion Size (In Cr.) | 11.72 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 13, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 12, 2024 |
Company & Financials
The company was 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 also provides machinery tools and spare parts such as Die punch, Shearing Blade, Roller Set, Holding Spring, Limit Switch, Foot Switch, Seal Kit, Linear Scale etc. which also aids in addressing after-sales support and services.
Energy-Mission Machineries (India) Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 9,958.11 | 8,258.65 | 7,382.45 | 6,575.72 | ||||||||||||||||||||||||||||||||||||
| Revenue | 8,399.76 | 10,066.12 | 7,906.57 | 4,834.07 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 674.80 | 790.01 | 336.17 | 95.33 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3,027.82 | 2,353.02 | 1,563.01 | 1,226.84 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 2,193.37 | 2,074.87 | 1,284.86 | 948.69 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 2,333.05 | 2,187.82 | 2,457.23 | 2,228.59 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 25.08% |
| ROCE | 21.86% |
| Debt/Equity | 0.77 |
| RoNW | 16.54% |
| P/BV | 4.08 |
| PAT Margin (%) | 8.1 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.47 | 9.88 |
| P/E (x) | 14.58 | 13.97 |
Objectives of Energy Mission Machineries IPO
The company intend to utilize the proceeds of the net issue to meet the following objectives:
- 1. Funding of capital expenditure towards civil construction work at existing manufacturing units located at Sanand, District Ahmedabad, Gujarat.
- 2. Funding of capital expenditure towards installation of new plant & machinery.
- 3. To meet working capital requirements.
- 4. General Corporate Purpose.
Energy Mission Machineries IPO Review
The company is engaged in designing and manufacturing CNC, NC and conventional metal forming machines. This segment has many players and all of them have different sets of financial performances. This company marked steady growth in its top lines, but boosted profits from FY22 onwards raise eyebrows and concern over its sustainability. Based on FY24 annualized super earnings, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for the medium to long term rewards.
FAQs for Energy Mission Machineries IPO
-
What Is The Size Of The Energy Missions Machineries IPO?
The offer size for Energy Missions Machineries Limited is 29,82,000 shares worth INR 41.15 crores. The company intends to utilize these funds for various purposes, including capital expenditure on new plant and machinery, civil construction, working capital needs, and general corporate purposes.
-
What Is The Price Band Of The Energy Missions Machineries IPO?
The price band of the issue is INR 131-138 per share.
-
When Energy-Mission Machineries (India) Ltd IPO will open?
The Energy-Mission Machineries (India) Ltd IPO opens on May 09, 2024 and closes on May 13, 2024.
-
What is the lot size of Energy-Mission Machineries (India) Ltd?
Energy-Mission Machineries (India) Ltd lot size is 1000 shares, and the minimum amount required is ₹1,38,000.
-
When is Energy-Mission Machineries (India) Ltd IPO allotment?
The finalization of Basis of Allotment for Energy-Mission Machineries (India) Ltd IPO will be done on May 14, 2024, and the allotted shares will be credited to your demat account by May 15, 2024.
RHP:
RHP of Energy Mission Machineries Limited IPO
DRHP:
DRHP of Energy Mission Machineries Limited IPO
-
What Is The Size Of The Energy Missions Machineries IPO?
The offer size for Energy Missions Machineries Limited is 29,82,000 shares worth INR 41.15 crores. The company intends to utilize these funds for various purposes, including capital expenditure on new plant and machinery, civil construction, working capital needs, and general corporate purposes.
-
What Is The Price Band Of The Energy Missions Machineries IPO?
The price band of the issue is INR 131-138 per share.
-
When Energy-Mission Machineries (India) Ltd IPO will open?
The Energy-Mission Machineries (India) Ltd IPO opens on May 09, 2024 and closes on May 13, 2024.
-
What is the lot size of Energy-Mission Machineries (India) Ltd?
Energy-Mission Machineries (India) Ltd lot size is 1000 shares, and the minimum amount required is ₹1,38,000.
-
When is Energy-Mission Machineries (India) Ltd IPO allotment?
The finalization of Basis of Allotment for Energy-Mission Machineries (India) Ltd IPO will be done on May 14, 2024, and the allotted shares will be credited to your demat account by May 15, 2024.
Read More IPO related blogs- Gabriel Pet Straps Limited IPO
_Limited_IPO_right.jpg)
_Limited_IPO_right.jpg)
_Mobility_&_Hospitality_Limited_IPO_right.jpg)
