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Energy Mission Machineries plans to raise up to Rs. 41.15 crore from public issue; IPO opens May 9

May 06, 2024

Ahmedabad (Gujarat) [India], May 6: Ahmedabad-based Energy Mission Machineries (India) Ltd, a leading company in designing and manufacturing of a diverse range of sheet metal machinery is planning to raise up to Rs. 41.15 crores from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue is open for subscription on May 9 and closes on May 13. The Proceeds of the public issue will be utilised to fund the company's expansion plans including civil construction work, new plant & machinery at the existing manufacturing unit at Sanand, Gujarat, meeting the working capital requirements and general corporate purposes. Hem Securities Limited is the book-running lead manager of the issue.

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Business News

Tata CLiQ Luxury expands its pre-owned category with the introduction of exquisite luxury handbags

Energy Mission Machineries plans to raise up to Rs. 41.15 crore from public issue; IPO opens May 9

India leads surge in demand as oil anxiety subsides and gold prices rise

India is Witnessing a Once-In-A-Generation Economic Growth: Amitabh Kant, G20 Sherpa, at Capital Talks, a JGU Thought Leadership Series

Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-private investment propel economic momentum

India-Ghana agree to strengthen trade ties at 4th joint trade committee meeting in Accra

Buy Latest Two-wheelers Easily with Bike Loans Available on Bajaj Markets

Ashapuri Gold Ornament Ltd's Rs. 48.75 crores Rights opens on May 8, 2024

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