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ENERGY MISSION MACHINERIES IPO

ENERGY MISSION MACHINERIES IPO

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Listed Price: ₹ 366.00 (+165.22%)

ENERGY MISSION MACHINERIES's completed its IPO journey with a successful listing on NSE on 16-05-2024. The public offering mobilized 29,82,000 Shares in total capital, comprising 29,82,000 Shares in fresh equity.

The offering was conducted within the price band of ₹131 to ₹138, with minimum application lots of 1000 shares. Investor participation during the 09-05-2024 to 13-05-2024 subscription window determined the final allocation pattern.

The basis of allotment was announced on 14-05-2024, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

ENERGY MISSION IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
ENERGY MISSION IPO Key Performance Indicator
Company Financials ( In Lakhs )

ENERGY MISSION IPO About Company

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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


ENERGY MISSION IPO Strength Factors

  1. 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.
  2. 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.
  3. 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.

ENERGY MISSION IPO Risk Factors

  1. 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.
  2. 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.
  3. 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.

ENERGY MISSION IPO Lead Manager(s)

  • Hem Securities Limited

ENERGY MISSION IPO Promoter(s)

  1. Satishkumar Kanjibhai Parmar
  2. Dineshkumar Shankarlal Chaudhary
  3. Sanjay Shantukumar Khankar
  4. Ashokkumar Ramjibhai Panchal
  5. Snehal Narendra Mehta

ENERGY MISSION IPO Company Details

ENERGY MISSION MACHINERIES
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ENERGY MISSION IPO Registrar

Bigshare Services Private Limited
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ENERGY MISSION IPO FAQs