Energy-Mission Machineries (India) Limited IPO

Price
₹131 - ₹138
Lot
1000
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
140.00(101.45%)
IPO Details

Open Date: 09-May-2024
Close Date: 13-May-2024
Allotment Date: 14-May-2024
Listing Date: 16-May-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹131-138 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹138,000 : HNI - ₹276,000
Valuations

Earning Per Share(EPS)9.47/-
P/E Ratio14.58
RoNW16.54%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20239,958.118,399.76674.80
31 Mar,20238,258.6510,066.12790.01
31 Mar,20227,382.457,906.57336.17
31 Mar,20216,575.724,834.0795.33
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Satishkumar Kanjibhai Parmar
2. Dineshkumar Shankarlal Chaudhary
3. Sanjay Shantukumar Khankar
4. Ashokkumar Ramjibhai Panchal
5. Snehal Narendra Mehta
Issue Objective(s)

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

  1. Funding of capital expenditure towards civil construction work at existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat
  2. Funding of capital expenditure towards installation of new plant & machineries
  3. To meet working capital requirements
  4. General Corporate Purpose
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.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.