Energy Mission Machineries proudly announces a transformative year marked with significant achievements and strategic advancements. The company is set to make new records and reach higher numbers starting with a remarkable IPO debut.
The market performance of Energy Mission Machineries has made a sensational entry into the public market with an IPO that was oversubscribed by a staggering 320 times, highlighting strong investor confidence. The shares debuted at a 165% premium, trading at ₹366 apiece, significantly above the IPO price of ₹138. This performance highlights the fantastic financial health and growth potential of the company. From March 2022 to March 2023, the company reported a 135% increase in profit after tax and a 27.31% rise in sales.
With the capital raised through the IPO, Energy Mission Machineries is ready to expand its state-of-the-art manufacturing facilities in Sanand, Gujarat. This expansion will aim to increase production capacity and meet the growing demands. The company’s product line includes advanced CNC, NC, and conventional metal forming machines such as press brakes, shears, and plate rolling machines etc. which are extremely important in modern manufacturing.
With a strong global footprint, Energy Mission Machineries has established itself in the industry. They have gained the trust from over 1050 customers worldwide with their impeccable quality and precision engineering, supplying more than 1487 machines across various industries in the last three years.
With innovation at its core, Energy Mission Machineries aims to integrate cutting-edge technology into its products giving the clients the best products using latest advancements.
The company also believes in using eco-friendly practices and commit to sustainability and a greener future ahead.
Energy Mission Machineries has celebrated 25 years of excellence and is looking forward to many more with its high quality products. The company’s comprehensive in-house production ensures stringent quality control, resulting in reliable and efficient machines. As Energy Mission Machineries embarks on this new chapter, the company is open to bringing new facilities and expand its product offerings.
Upcoming Events: The company will be showcasing its latest innovations at the Asian Machine Tool Exhibition (AMTEXT 2024) from July 26-29 at Pragati Maidan, New Delhi. This event will be the prime opportunity for stakeholders to explore Energy Mission Machineries.
About Energy Mission
Founded in 1999, Energy Mission Machineries (India) Ltd. has grown to become India’s largest manufacturer of sheet metal processing machinery. With a sprawling 260,000 sq. ft. facility, the company is leading the industry with its innovation and high-quality products.
