
Capital Goods / Industrial Machinery · NSE
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.
Price Band
₹131 – ₹138
Issue Size
₹41.15 Cr
Lot Size
1000 shares
GMP
+94.2%
Est. Listing
₹268
at current GMP
Subscribed
319.97x
overall
Open
9 May 2024
Close
13 May 2024
Allotment
14 May 2024
Refund
15 May 2024
Demat Credit
16 May 2024
Listing
16 May 2024
Overall Subscription
319.97x
Total Demand
QIB Multiplier
161.92x
Institutions & Funds
NII / HNI
605.33x
High Net-Worth
Retail (RII)
287.89x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 566,000 | 91,644,000 | 161.92x |
| NIB | 425,000 | 257,266,000 | 605.33x |
| RETAIL | 992,000 | 285,589,000 | 287.89x |
| Total | 1,983,000 | 634,499,000 | 319.97x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,044 | 300,557 | 287.89x |
| HNIs (10L +) | 7 | 4,237 | 605.33x |
| HNIs (2-10L) | 32 | 19,371 | 605.33x |
| Total Applications | 1,083 | 324,165 | 299.32x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
ENERGY MISSION MACHINERIES is bringing an initial public offering (IPO) in the Capital Goods / Industrial Machinery sector with an aggregate issue size of ₹41.15 Crores. The shares are offered at a price band of ₹131 to ₹138 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-05-13, the basis of allotment is scheduled to be finalized on 2024-05-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for ENERGY MISSION MACHINERIES IPO is ₹130 per equity share. Based on the upper price band of ₹131 to ₹138 per equity share, the estimated listing price is ₹268 (+94.2% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹130, the expected profit per application lot is approx ₹1,30,000 (+94.2% gain). Minimum application cost is approx ₹1,38,000.
The ENERGY MISSION MACHINERIES IPO aggregate issue size is ₹41.15 Crores with an equity price band set at ₹131 to ₹138 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,38,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 319.97x (Retail: 287.89x, QIB: 161.92x, NII: 605.33x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-14. Investors can verify status using PAN card or application number.
ENERGY MISSION MACHINERIES shares are scheduled to list on NSE on 2024-05-16.