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H.M. Electro Mech Limited IPO (H.M. Electro Mech Limited IPO) Details

H.M. Electro Mech Limited

H.M. Electro Mech Limited IPO's overview

H.M. Electro Mech Limited IPO is a book built issue of ₹27.74 Cr (27,74,40,000). The issue includes a fresh issue of 36.99 Lakh (36,99,200) shares aggregating to ₹27.74 Cr (27,74,40,000).

H.M. Electro Mech Limited IPO is open for subscription on Jan 24, 2025 and closes on Jan 28, 2025. The allotment for H.M. Electro Mech Limited IPO is expected to be finalized on Jan 29, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 31, 2025.

H.M. Electro Mech Limited IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1.14 Lakh (1,13,600).

Refer to H.M. Electro Mech Limited IPO RHP for detailed information.

  • IPO date

    Jan 24,2025 - Jan 28,2025

  • Listing Date

    Jan 31,2025

  • Face value

    ₹10

  • Price Band

    ₹71 to ₹75 per share

  • Lot

    ₹1600 Shares

  • Total Issue Size

    36.99 Lakh (36,99,200)

    aggregating up to ₹27.74 Cr (27,74,40,000)

  • Fresh Issue

    36.99 Lakh (36,99,200)

    aggregating up to ₹27.74 Cr (27,74,40,000)

  • Issue Type

    Book Building

  • IPO Type

    SME

  • Listing At

    NSEBSE

  • Pre Issue Size

    1.00 Cr (1,00,00,000)

  • Post Issue Size

    1.37 Cr (1,36,99,200)

  • Fri, Jan 24, 2025

    IPO Open

  • Tue, Jan 28, 2025

    IPO Close

  • Wed, Jan 29, 2025

    Basis of Allotment

  • Thu, Jan 30, 2025

    Initiation of Refunds

  • Thu, Jan 30, 2025

    Credit of Shares to Demat

  • Fri, Jan 31, 2025

    Listing

H.M. Electro Mech Limited IPO Day-wise IPO GMP Trend

H.M. Electro Mech Limited IPO last GMP is ₹24, last updated Jan 24,2025. With the price band of 75.00, H.M. Electro Mech Limited IPO's estimated listing price is ₹99 (cap price + today's GMP).The expected percentage gain/loss per share is 32.00%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
24-Jan-2575.0024
99(32.00%)24-Jan-2025 15:26
23-Jan-2575.0025
100(33.33%)23-Jan-2025 22:32
22-Jan-2575.0025
100(33.33%)22-Jan-2025 22:30
21-Jan-2575.0015
90(20.00%)21-Jan-2025 22:23

H.M. Electro Mech Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,600₹1.20 Lakh (1,20,000)

Retail(Max)

11,600₹1.20 Lakh (1,20,000)

SHNI(Min)

23,200₹2.40 Lakh (2,40,000)

H.M. Electro Mech Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets85.9972.1564.0844.34
Revenue45.43117.3101.6762.03
Profit After Tax3.348.196.012.58
Net Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.40.18
H.M. Electro Mech Limited Financial Information

About H.M. Electro Mech Limited

Incorporated: 2003
Industry: Infrastructure and Engineering

Business Description

H.M. Electro Mech Limited is an infrastructure company specializing in turnkey projects involving the supply, installation, testing, and commissioning of pumping machinery and offering comprehensive operation and maintenance services.

The company is also engaged in electrification projects for Indian Railways, banks, and municipal corporations, and has expanded into EPC (Engineering, Procurement, and Construction) projects. These include:

  • Cross-country pipeline installation
  • Civil works for water supply projects, such as water treatment plants, pump houses, diesel generator installations, panel rooms, instrumentation, and PLC-SCADA systems.

In collaboration with other firms, the company executes civil components of EPC projects. Additionally, it supplies products like pumps, pipes, transformers, and motors to its clients.

Clientele and Operations

  • Key Clients:

    • State and Central Governments
    • Municipal Corporations
    • Banking Sector
    • Educational Institutes

  • Geographical Presence:

    • Rajasthan
    • Maharashtra
    • Madhya Pradesh
    • Karnataka
    • Punjab
    • Chandigarh

Employee Strength

  • Permanent Employees: 37
  • Contractual Employees: 107

Competitive Strengths

  1. End-to-End Project Solutions:

    • Expertise in delivering projects from conceptualization to maintenance ensures seamless execution.

  2. Strong Relationships with Manufacturers and OEMs:

    • Access to competitive pricing and expedited delivery times through robust partnerships.

  3. Efficient Decision-Making:

    • Prompt processes to ensure swift project progression and responsiveness to client needs.

  4. Experienced Management Team:

    • A skilled team capable of resource mobilization for emergencies and complex projects.

Conclusion

H.M. Electro Mech Limited combines extensive experience in infrastructure with technical expertise to deliver high-quality turnkey and EPC projects. By maintaining strong partnerships, an experienced team, and a broad operational footprint, the company is well-positioned to meet the demands of diverse sectors across India.

H.M. Electro Mech Limited IPO's documents

H.M. Electro Mech Limited Contact Details

305, Ashram Avenue, B/H
Kochrab Ashram, Paldi
Ahmedabad- 380006
Phone: +91 079 40092538
Email: [email protected]
Website: https://www.hmelectromech.com/

 

H.M. Electro Mech Limited IPO's Promoters

The promoters of the company are Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel and Mita Dipak Pandya.