Energy Mission Machineries IPO GMP: The initial public offering (IPO) of Energy Mission Machineries subscription window is scheduled to close today i.e. on May 13. For interested investors, today is the last day to apply for the Energy Mission Machineries IPO. Check the latest GMP, subscription status, allotment date and other details here.
Energy Mission Machineries IPO GMP Today: Check Latest GMP
According to multiple unlisted market tracking websites. The grey market premium (GMP) of the Energy Mission Machineries price ranges from Rs 110 per share to Rs 140 per share.
Read More: Aadhar Housing Finance IPO allotment today: How to check allotment status online?
Energy Mission Machineries IPO Subscription Status
The Energy Mission Machineries IPO witnessed robust subscription, with a subscription rate of 47.78 times overall. Specifically, the public issue was oversubscribed by 70.50 times in the retail category, 2.64 times in the Qualified Institutional Buyer (QIB) category, and 54.89 times in the Non-Institutional Investor (NII) category by May 13, 2024, at 11:25:57 AM.
Energy Mission Machineries IPO Details
Energy Mission Machineries IPO, a book-built issue amounting to Rs 41.15 crores, exclusively consisting of fresh issue shares totalling 29.82 lakh shares.
Energy Mission Machineries IPO Subscription Window Timeline
Mark your calendars for the subscription window of the Energy Mission Machineries IPO, commencing on May 9, 2024, and concluding on May 13, 2024.
Energy Mission Machineries IPO Allotment Date
Stay informed about the expected finalization date for the allotment of shares from the Energy Mission Machineries IPO, scheduled for Tuesday, May 14, 2024.
Read More: Indegene IPO listing date today. GMP, experts signal up to 65% gain for allottees
Energy Mission Machineries IPO Listing Date
Prepare for the listing of Energy Mission Machineries IPO on NSE SME, with a tentative listing date earmarked for Thursday, May 16, 2024.
Energy Mission Machineries IPO Price Band
Understand the price dynamics of the Energy Mission Machineries IPO, with a price band set between Rs 131 to Rs 138 per share.
Energy Mission Machineries IPO Lot Size
The minimum lot size for the Energy Mission Machineries application, is set at 1000 shares.
Energy Mission Machineries IPO Minimum Investment
Evaluate the investment prerequisites for retail and HNI investors, with retail investors necessitating a minimum investment of Rs 138,000 and HNIs requiring an investment equivalent to 2 lots (2,000 shares), totalling Rs 276,000.
Energy Mission Machineries Book Running Lead Manager
Hem Securities Limited as the book-running lead manager of the Energy Mission Machineries IPO, overseeing its successful execution.
Energy Mission Machineries IPO Registrar and Market Maker
The registrar for the issue, Bigshare Services Pvt Ltd, is responsible for managing shareholder records, and the market maker, Hem Finlease, facilitates liquidity for the IPO.
About Energy Mission Machineries
Energy-Mission Machineries (India) Limited, established in 2011, specializes in manufacturing metal-forming machines for various industrial sectors. Their precision machines find applications in automotive, steel, furniture, HVAC, agriculture, and more. The company exports its products to several countries including the USA, Switzerland, and UAE. With a manufacturing facility in Sanand, Ahmedabad, spanning 18,234 sq. mtrs, Energy-Mission Machineries is ISO 9001:2015 certified and can produce 900 machines annually. Their products are sold across 20 states and 2 Union Territories in India, with Maharashtra, Gujarat, and Karnataka being primary revenue contributors. As of October 31, 2023, the company employs 253 permanent staff and additional contract-based workers, as per the regulatory filing.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
