Energy-Mission Machineries (India) Ltd

Incorporated in 2011, Energy-Mission Machineries (India) Limited designs and manufactures 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, iron workers machines, hydraulic presses and busbar bending, cutting & punching machine. Through its array of products, the company provides manufacturers with vital precision machines which are required for metal cutting and forming operations. Its machines are utilized across a wide gamut of industries such as automotive, steel, pre-engineered building, furniture, HVAC, agricultural equipments, road construction equipments, elevators, food processing machinery, metalworking workshops and many others.

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Energy-Mission Machineries (India) Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
29.82 LTBA9.92 L83.2 LNSE₹ 41.15 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
09 May, 2413 May, 241000 ₹ 1,31,000 Book Building - SME16 May, 24

Energy-Mission Machineries (India) Ltd IPO Details

Energy-Mission Machineries (India) Ltd IPO Dates

  • 09 May 2024

    Opening date

  • 13 May 2024

    Closing date

  • 14 May 2024

    Basis of
    Allotment

  • 15 May 2024

    Initiation of
    Refunds

  • 15 May 2024

    Credit of
    Shares

  • 16 May 2024

    Listing date

Details

SectorType
SectorEngineering
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB0x
NII0x
Retail0x
Employee0x
Total0x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Energy-Mission Machineries (India) Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations12.066.292.72
EBITDA14.018.074.46
PAT7.903.360.95
Total Assets55.2645.7938.57
Share Capital2.782.782.78
Total Borrowings23.6627.4425.05
Operating Activities (Net Cash)9.855.142.69
Investing Activities (Net Cash)0.00-0.950.00
Financing Activities (Net Cash)23.6627.4425.05
Net Cashflow0.041.240.97

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Energy-Mission Machineries (India) Ltd

Energy-Mission Machineries (India) Limited was originally incorporated as a private limited Company under the name of Energy-Mission Machineries (India) Private Limited on January 17, 2011 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli bearing registration number as 063696. Thereafter, the Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary general meeting held on July 31, 2023 and the name of the Company was changed from Energy-Mission Machineries (India) Private Limited to Energy-Mission Machineries (India) Limited vide fresh certificate of incorporation dated August 11, 2023 issued by the Registrar of Companies, Ahmedabad, Gujarat. The Corporate identification number of the Company is U29100GJ2011PLC063696.

India's Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Capital Goods sector contributes to 12% of India's manufacturing output and 1.8% to GDP. Market valuation of the capital goods industry was US$ 43.2 billion in FY22. Indian Electrical equipment is the largest sub-sector followed by Plant equipment & Earth moving/ mining machinery. The electrical equipment market share in India is expected to increase by US$ 33.74 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 9%. Investment in engineering R&D sector is expected to reach US$ 63 billion by 2025. The Index of Industrial Production (IIP), in absolute terms, increased to 146.5 in January 2023 from 145.3 in December 2022.

Peer Comparison:

  • Energy-Mission Machineries (India) Ltd
  • Macpower CNC Machines Ltd
  • Jyoti CNC Automation Ltd

Energy-Mission Machineries (India) Ltd IPO Key Points

Strengths

  • Well diversified customer base spread across various industries and geography.
  • Varied product range appealing to a diverse customer base.
  • In-house manufacturing facility.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Experienced Promoters with strong management team having domain knowledge.

Risk

  • The company derived a significant portion of its revenue from the sale of its key product i.e. CNC press brake machines. Any decline in the sales of its key product could have an adverse effect on the company's business, results of operations and financial condition.
  • The company does not have firm commitment long-term supply agreements with its customers. If its customers choose not to source their requirements from it, there may be a material adverse effect on its business and results of operations.
  • The Company does not have long-term agreements with suppliers for its input materials and a significant increase in the cost of, or a shortfall in the availability, or deterioration in the quality, of such input materials could have an adverse effect on its business and results of operations.

Strategy

  • Continue to invest in our technological capabilities.
  • Expand its domestic and international presence.
  • Continue to reduce operating costs and improve operational efficiencies.
  • Focus on consistently meeting quality standards.

Energy-Mission Machineries (India) Ltd IPO Key Points

  • Well diversified customer base spread across various industries and geography.
  • Varied product range appealing to a diverse customer base.
  • In-house manufacturing facility.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Experienced Promoters with strong management team having domain knowledge.
  • The company derived a significant portion of its revenue from the sale of its key product i.e. CNC press brake machines. Any decline in the sales of its key product could have an adverse effect on the company's business, results of operations and financial condition.
  • The company does not have firm commitment long-term supply agreements with its customers. If its customers choose not to source their requirements from it, there may be a material adverse effect on its business and results of operations.
  • The Company does not have long-term agreements with suppliers for its input materials and a significant increase in the cost of, or a shortfall in the availability, or deterioration in the quality, of such input materials could have an adverse effect on its business and results of operations.
  • Continue to invest in our technological capabilities.
  • Expand its domestic and international presence.
  • Continue to reduce operating costs and improve operational efficiencies.
  • Focus on consistently meeting quality standards.

How To Apply for Energy-Mission Machineries (India) Ltd Online?

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Step 2:

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Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Energy-Mission Machineries (India) Ltd's IPO offers shares for up to ₹ 0 L It begins on May 9, 2024 and ends on May 13, 2024.

The price of Energy-Mission Machineries (India) Ltd IPO ranges between ₹131 to ₹138 per share.

The Energy-Mission Machineries (India) Ltd IPO opens on May 9, 2024 and closes on May 13, 2024.

The allotment for the Energy-Mission Machineries (India) Ltd IPO will be finalised on May 14, 2024. The shares will be listed on BSE and NSE on May 16, 2024.

The minimum lot size for Energy-Mission Machineries (India) Ltd IPO is 1000 shares, priced between ₹131 to ₹138 per share.

The GMP (Grey Market Premium) of Energy-Mission Machineries (India) Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Energy-Mission Machineries (India) Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Energy-Mission Machineries (India) Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 9, 2024, and closes on May 13, 2024. The allotment is finalised on May 14, 2024.

To apply for the Energy-Mission Machineries (India) Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.