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Energy Mission Machineries IPO
Price Band
₹131.0–138.0
Issue Size
₹41.15 Cr
Lot Size
1,000 shares
Min Investment
₹138,000
GMP
+₹130.0 (94.2%)
Issue Price
₹138.0
Subject to Sauda
₹98800
Paid only if allotted
Energy Mission Machineries IPO AI Summary
- Energy Mission Machineries IPO is listed on NSE SME in the Industrial Products sector.
- Price band: ₹131.0–₹138.0 per share, lot size 1,000 shares (min. investment ₹138,000).
- Subscription window: 09 May–13 May 2024, listing on 16 May 2024.
- Current GMP is +₹130.0 (94.2%), an estimated listing price of ₹268 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Energy Mission Machineries IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 13 May 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Energy Mission Machineries IPO Grey Market Premium (GMP) Today
GMP
+₹130.0
GMP %
+94.2%
Est. Listing
₹268.0
Updated: 25 Jul 2026 14:06
About the 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.
Company Financials (₹ Cr)
As of 2023-08-31
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 99.58 | 82.59 | 73.82 | 65.76 |
| Total Income | 84.00 | 100.66 | 79.07 | 48.34 |
| Profit After Tax | 6.75 | 7.90 | 3.36 | 0.95 |
| NET Worth | 30.28 | 23.53 | 15.63 | 12.27 |
| Reserves and Surplus | 21.93 | 20.75 | 12.85 | 9.49 |
| Total Borrowing | 23.33 | 21.88 | 24.57 | 22.29 |
Key Ratios
EPS
₹9.47
NAV
₹36.29
ROE
25.08%
ROCE
21.86%
RoNW
16.54%
P/B Value
4.08
P/E Ratio
14.58
Market Cap
₹156.31 Cr
PAT Margin
8.10%
Debt/Equity
0.77
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Jyoti CNC Automation Limited | 18.35% | 779.56 | 1.02 | 1.02 |
| Macpower Cnc Machines Limited | 13.34% | 89.06 | 12.89 | 12.89 |
| Energy-Mission Machineries (India) Limited This IPO | 33.57% | — | 9.47 | 9.47 |
Promoters
Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal and Snehal Narendra Mehta
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure towards civil construction work at existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat 6.86 2 Funding of capital expenditure towards installation of new plant & machineries 7.43 3 To meet working capital requirements 15.00 4 General Corporate Purpose 8.59
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹48.34 Cr in the year ended 31 Mar 2021, rising to ₹79.07 Cr by 31 Mar 2022, and further increasing to ₹100.66 Cr by 31 Mar 2023. However, the most recent figure of ₹84.00 Cr as of 31 Dec 2023 is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.95 Cr in the year ended 31 Mar 2021, increasing to ₹3.36 Cr by 31 Mar 2022, and further rising to ₹7.90 Cr by 31 Mar 2023. The latest figure of ₹6.75 Cr as of 31 Dec 2023 is also a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Priced at roughly 14.58 times trailing earnings, versus peers trading at P/E ratios of 89.06 to 779.56.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists. A higher GMP suggests strong demand, while a lower or negative GMP may indicate weaker interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy, considering factors such as market conditions and the company's growth potential.
Who May Want to Wait
Investors who prefer stable and established companies with predictable earnings may want to avoid IPOs like this, which can be more volatile and carry higher risks.
IPO Timeline, Explained
The IPO opens for subscription on May 9, 2024, and closes on May 13, 2024. Allotment of shares will be done on May 14, 2024, with the listing scheduled for May 16, 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable and are influenced by market sentiment and demand. Investors should be aware that while high GMP may suggest potential gains, there are no guarantees, and prices can fluctuate significantly after listing.
This evaluation is generated from Energy Mission Machineries's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Energy Mission Machineries IPO GMP today?
Energy Mission Machineries IPO GMP today is +₹130.0 (94.2%), indicating an estimated listing price of ₹268. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Energy Mission Machineries IPO?
The price band of Energy Mission Machineries IPO is ₹131.0–₹138.0 per share.
When does Energy Mission Machineries IPO open and close?
Energy Mission Machineries IPO opens on 09 May 2024 and closes on 13 May 2024.
When does Energy Mission Machineries IPO list on the stock exchange?
Energy Mission Machineries IPO listed on 16 May 2024 at ₹268.0.
What is the lot size for Energy Mission Machineries IPO?
The lot size for Energy Mission Machineries IPO is 1000 shares, requiring a minimum investment of ₹138,000.
What is the price band for the IPO?
The price band for the IPO is ₹131.0 to ₹138.0.
What is the minimum investment required?
The minimum investment required is ₹138,000, which corresponds to a lot size of 1000 shares.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.
When is the listing date?
The listing date is scheduled for May 16, 2024.
What is the allotment date for the IPO?
The allotment date is May 14, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
09 May 2024
Close
13 May 2024
Allotment
14 May 2024
Listing
16 May 2024
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