SME IPO

About Energy-Mission Machineries (India) Limited

Incorporated in 2011, Energy-Mission Machineries (India) Limited specializes in designing and manufacturing various metal forming machines for industrial metal fabrication. Its precision machines find applications in automotive, steel, furniture, HVAC, agriculture, construction, elevators, and food processing industries, among others. The company exports its products globally.

Energy Mission Machineries IPO Details

Energy Mission Machineries IPO Reservation

Energy Mission Machineries IPO Timeline (Tentative Schedule)

Energy Mission Machineries IPO Lot Size

Energy Mission Machineries IPO Promoter Holding

The company’s promoters include Satishkumar Kanjibhai Parmar, Dineshkumar Shankarlal Chaudhary, Sanjay Shantukumar Khankar, Ashokkumar Ramjibhai Panchal, and Snehal Narendra Mehta.

• Share Holding Pre-issue: 100%
• Share Holding Post-issue: [to be updated]

Energy-Mission Machineries (India) Limited Financial Information (Restated)

Key Performance Indicator

As of August 31, 2023, the market capitalization of Energy Mission Machineries IPO stands at Rs 156.31 Cr.

Objects of the Issue (Energy Mission Machineries IPO Objectives)

The proceeds from the net issue will be utilized for:

• Funding capital expenditure towards civil construction work at the existing manufacturing unit located at Sanand, District Ahmedabad, Gujarat
• Funding capital expenditure for the installation of new plant & machinery
• Meeting working capital requirements
• General Corporate Purpose

Sai Swami Metals & Alloys SME IPO at a Glance

• IPO Status: Open [30-04-2024 to 03-05-2024]
• Rating: 3/5
• Expected Listing Date: 08-05-2024

Grey Market Premium (GMP) Analysis

The Grey Market Premium (GMP) for Sai Swami Metals & Alloys SME IPO has been showing an upward trend, indicating strong potential for listing gains. As of the latest update on May 1st, 2024, the GMP stands at ₹45. With the IPO price band set at ₹60.00, the estimated listing price is projected to be ₹105, reflecting a potential gain of 75%.

Day-wise GMP Trend

What is Grey Market Premium (GMP)?

The Grey Market Premium (GMP) reflects the price at which an IPO is traded unofficially prior to its listing. It provides insights into how the IPO might perform on its listing day. A positive GMP suggests potential listing gains, while a negative GMP indicates a likely discount.

Important IPO Dates

• SME IPO Open Date: 30-04-2024
• SME IPO Close Date: 03-05-2024
• Basis of Allotment Finalization Date: 06-05-2024
• Refunds Initiation Date: 07-05-2024
• Credit of Shares to Demat Account: 07-05-2024
• SME IPO Listing Date: 08-05-2024

Disclaimer: Investing decisions should not solely rely on IPO GMP. Consider all factors before investing. Grey market activities can be highly volatile and risky.

Finelistings Technologies IPO presents an exciting opportunity for investors, offering a fixed price issue of 11 lakh shares, entirely comprising fresh shares. While the specific IPO dates and price bands are yet to be announced, Fedex Securities Pvt Ltd serves as the esteemed book running lead manager, ensuring a smooth process, while Skyline Financial Services Private Ltd is entrusted with registrar duties for the issue.

Finelistings Technologies IPO Details

This forthcoming IPO promises to reshape the landscape, poised to captivate market attention with its ambitious plans. Here are the key details:

Finelistings Technologies IPO Reservation

Inclusivity is at the heart of this IPO, with provisions made to accommodate various investor categories:

About Finelistings Technologies Limited

Founded in 2018, Finelistings Technologies Limited embodies innovation and versatility, operating in two core sectors:

1. Retail of Used Luxury Cars: This arm of the company prides itself on delivering sophistication and class to discerning customers. Offering premium and high-end luxury vehicles, accompanied by after-sales services and repairs, Finelistings Technologies sets the standard for excellence. The establishment of the first Finecars showroom at Ambience Mall, Vasant Kunj, NCR, in August 2022 marked the beginning of a transformative journey in luxury car retailing.
2. Software Development Services: A beacon of technological prowess, Finelistings Technologies offers a comprehensive suite of cloud-based and IT consulting services. From big data analytics to IoT solutions, the company is at the forefront of digital innovation, empowering businesses to thrive in the modern landscape.

As of October 31, 2023, the company boasted a dynamic team of 5 employees, each dedicated to driving excellence and pushing boundaries.

Finelistings Technologies Limited Financial Information

The financial trajectory of Finelistings Technologies Limited is nothing short of impressive, with notable increases in revenue and profit after tax observed between March 2022 and March 2023. As of July 31, 2023, the company boasts robust key performance indicators, including a ROE of 25.94% and a PAT Margin of 16.57%.

Objects of the Issue

The IPO proceeds will be strategically allocated to fuel growth and innovation, with a focus on:

1. Purchase of Software: Investing in cutting-edge technology to drive operational efficiency and competitiveness.
2. Meeting Working Capital Requirements: Ensuring liquidity and agility to navigate dynamic market conditions.
3. General Corporate Purposes: Supporting ongoing initiatives and facilitating future expansion endeavors.

ABS Marine Services IPO presents a book-built issue of 67 lakh shares, entirely comprising fresh shares. While the specific IPO dates and price bands are yet to be announced, GYR Capital Advisors Private Limited serves as the book running lead manager, and Purva Sharegistry India Pvt Ltd is the registrar for the issue.

ABS Marine Services IPO Details

ABS Marine Services IPO Reservation

About ABS Marine Services Limited

Established in October 1992, ABS Marine Services Limited specializes in managing offshore vessels, owning five vessels as of December 31, 2023. These vessels cater to the Oil & Gas and Indian Ports sectors. The company operates across four divisions: Ship Owning, Ship Management, Marine Services, and Port Services. With a fleet of vessels equipped with advanced technology, the company provides services to various clients, including government bodies, private companies, and port authorities.

ABS Marine Services Limited Financial Information

ABS Marine Services Limited witnessed a 37.38% increase in revenue and a 21.25% rise in profit after tax between March 2022 and March 2023. As of October 31, 2023, its key performance indicators include a ROE of 12.62% and a PAT Margin of 21.16%.

Objects of the Issue

The net proceeds from the IPO will be utilized for:

1. Acquisition of offshore vessels.
2. Funding the working capital requirements of the company.
3. General corporate purposes.

Mandeep Auto Industries IPO presents a fixed price issue valued at Rs 25.25 crores, comprising entirely of fresh shares totaling 37.68 lakh shares. While the specific IPO dates are yet to be announced, the subscription window is anticipated to open soon.

Priced at ₹67 per share, the IPO mandates a minimum lot size of 2000 shares, with retail investors required to invest a minimum of ₹134,000 and HNI investors expected to invest a minimum of ₹268,000. Jawa Capital Services Private Limited acts as the book running lead manager, while Cameo Corporate Services Limited is the registrar for the issue.

Mandeep Auto Industries IPO Details

Mandeep Auto Industries IPO Reservation

Mandeep Auto Industries IPO Lot Size

Mandeep Auto Industries IPO Promoter Holding

Promoters of the company:

• Mr. Gurpal Singh Bedi
• Mrs. Nidhi Bedi
• Mr. Rajveer Bedi

About Mandeep Auto Industries Limited

Established in 2000, Mandeep Auto Industries Limited specializes in manufacturing and supplying various products including sheet metal components, auto parts, sprocket gears, and machined components. Its clientele spans across industries such as automobiles, tractors, railways, defense, and machine tools. With ISO 14001:2015 and ISO 9001:2015 certifications, the company maintains high-quality standards and employs 54 people as of November 2023.

Mandeep Auto Industries Limited Financial Information

Mandeep Auto Industries Limited witnessed a 36.03% increase in revenue and a 62.17% rise in profit after tax (PAT) between March 2022 and March 2023. As of August 31, 2023, its market capitalization stands at Rs 69.26 Cr.

Objects of the Issue

The net proceeds from the IPO will be utilized for:

1. Expansion of the existing manufacturing facility in Faridabad, Haryana.
2. Repayment/prepayment of certain borrowings.
3. Funding working capital requirements.
4. General corporate purposes.

Refractory Shapes IPO presents a book built issue worth Rs 18.60 crores, comprising solely fresh shares amounting to 60 lakh shares. The subscription period for this IPO commences on May 6, 2024, and concludes on May 9, 2024. The allotment process for Refractory Shapes IPO is slated to be finalized by Friday, May 10, 2024. Its listing is anticipated on NSE SME, with a tentative date set for Tuesday, May 14, 2024.

Priced between ₹27 to ₹31 per share, the IPO mandates a minimum application of 4000 shares. Retail investors are required to invest a minimum of ₹124,000, while HNI investors are expected to invest at least ₹248,000. Shreni Shares Limited acts as the book running lead manager, with Bigshare Services Pvt Ltd as the registrar. Shreni Shares operates as the market maker for this IPO.

Refractory Shapes IPO Details

Refractory Shapes IPO Reservation

Refractory Shapes IPO Timeline (Tentative Schedule)

Refractory Shapes IPO Lot Size

Refractory Shapes IPO Promoter Holding

Promoters of the company:

• Mr. Dayashankar Krishna Shetty
• Ms. Pratibha Dayashankar Shetty
• Ms. Prajna Shravan Shetty

About Refractory Shapes Limited

Refractory Shapes Limited, established in 1996, specializes in manufacturing a variety of bricks, castables, high alumina catalysts, and ceramic balls. Its product range includes pre-cast and pre-fired blocks (PCPF), burner blocks, specially shaped refractory bricks, dense and insulating castables, and mortars. With manufacturing facilities located in Pune, Maharashtra, and Wankaner, Gujarat, the company is poised for expansion with additional land acquisitions. As of September 30, 2023, the company had 38 employees.

Refractory Shapes Limited Financial Information

Refractory Shapes Limited witnessed a 47.7% increase in revenue, albeit with a -33.2% decline in profit after tax (PAT) between March 2022 and March 2023. Key performance indicators reflect promising metrics, with a market capitalization standing at Rs 67.58 Cr as of September 30, 2023.

Refractory Shapes IPO Objectives

The net proceeds from the IPO will be allocated towards the following objectives:

1. Funding capital expenditure for civil construction required to expand and establish a new manufacturing unit at the existing location in Wankaner, Gujarat.
2. Financing the purchase of plant and machinery for expanding and setting up a new manufacturing unit at the existing location in Wankaner, Gujarat.
3. Acquisition of a commercial vehicle.
4. Catering to general corporate purposes.

Winsol Engineers IPO, with a book built issue of Rs 23.36 crores, offers entirely fresh shares totaling 31.15 lakh shares. The subscription for this IPO begins on May 6, 2024, and concludes on May 9, 2024. The allotment is anticipated to be finalized by Friday, May 10, 2024, with a tentative listing date set for Tuesday, May 14, 2024, on NSE SME.

The IPO is priced in the range of ₹71 to ₹75 per share, with a minimum lot size of 1600 shares. Retail investors need to invest a minimum of ₹120,000, while HNI investors are required to invest at least ₹240,000. Beeline Capital Advisors Pvt Ltd serves as the book running lead manager, while Kfin Technologies Limited acts as the registrar. Spread X Securities functions as the market maker for the IPO.

Winsol Engineers Limited, incorporated in December 2015, specializes in providing integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions in the solar and wind power generation sectors. It boasts ISO certifications, a dedicated workforce, and a substantial ongoing project portfolio.

Financially, the company has witnessed notable growth in revenue and profit after tax (PAT) between March 2022 and March 2023. Its market capitalization stands at Rs 86.51 Cr, with key performance indicators indicating sound financial health.

Winsol Engineers IPO Details

Winsol Engineers IPO Reservation

Winsol Engineers IPO Timeline (Tentative Schedule)

Winsol Engineers IPO Lot Size

Winsol Engineers IPO Promoter Holding

Promoters of the company:

• Mr. Ramesh Jivabhai Pindariya
• Mrs. Amri Ramesh Pindariya
• Ms. Pindariya Kashmira
• Ms. Kashish Ramesh Pindariya
• Mr. Kishor Jivabhai Pindariya

Winsol Engineers IPO Objectives

The Issue Proceeds from the Fresh Issue will be utilized towards the following objectives:

Introduction:
As the market buzzes with anticipation, let’s dive into the intricacies of the upcoming Emmforce Autotech IPO. From Grey Market Premium (GMP) to investment insights, we’ll uncover all you need to know before taking the plunge into this lucrative opportunity.

IPO Details:

Grey Market Premium (GMP):

Investment Insights:

Let’s delve deeper into Emmforce Autotech’s offerings and prospects based on firsthand insights:

1.Business Overview:

• Specializes in manufacturing niche automotive drivetrain parts.
• Product range includes Differential Housings, Lockers, Covers, and more.
• Over three decades of industry experience with global exports spanning 6 continents.

2. Market Expansion:

• Plans to penetrate untapped markets in Europe, South America, and beyond.
• Focuses on diverse segments like Agriculture, Off Highway, EV, and defence.
• Aiming to strengthen presence in the US market through expanded warehousing facilities.

3.Operational Strengths:

• Integrated engineering solutions from concept to manufacturing.
• Robust R&D and automation capabilities for competitive edge.
• Modern manufacturing facilities to reduce lead time and outsourcing dependencies.

4.Financial Viability:

• Scalable business model with potential for global growth.
• Strong margins and competitive valuations relative to peers.
• Objective of IPO includes investment in subsidiary for working capital and growth initiatives.

5.Management and Advisory:

• Experienced leadership with a track record of success.
• Lead manager, Beeline Capital Advisors, boasts a history of successful IPOs.
• Quality anchor investors signify market confidence in the company’s prospects.

Conclusion:

Emmforce Autotech IPO presents a promising opportunity for investors seeking exposure to the automotive manufacturing sector. With a strong product portfolio, global expansion plans, and sound financial fundamentals, the company is poised for sustainable growth. As the IPO launch date approaches, investors are urged to conduct thorough due diligence and seize the opportunity to be part of Emmforce Autotech’s journey towards success. Stay tuned for live updates on Grey Market Premium and investment insights.

In the dynamic landscape of IPOs, Supreme Power Equipment emerges as a beacon of transformation, set to raise Rs 46.67 crores through its fresh issue of 71.8 lakh shares. As the subscription window opens from December 21 to December 26, 2023, let’s delve into the key details that make this IPO a compelling investment opportunity.

IPO GMP: Rs

IPO Subscription: TBA

Price Bands–

IPO Date & Price Band Details

– Opening Date: December 21, 2023

   – Closing Date: December 26, 2023

   – Listing Date: December 29, 2023

   – Allotment Date: December 27, 2023

   – IPO Price Band: ₹61 to ₹65 per share

   – Lot Size: 2000 Shares

   – Retail Investor Minimum Investment: ₹130,000

   – Tentative Listing Date: December 29, 2023, on NSE SME

Reservation Details:

   – QIB: 1,250,000 shares (17.41%)

   – NII: 940,000 shares (13.09%)

   – RII: 2,188,000 shares (30.47%)

   – Anchor Investors: 1,870,000 shares (26.04%)

IPO Financials

   – Assets: ₹9,187.16 Lakhs (as of July 31, 2023)

   – Revenue: ₹3,927.61 Lakhs

   – Net Worth: ₹2,298.26 Lakhs

   – ROE: 59.88%