H.M. Electro Mech Limited IPO

BSE SME

Listed On: Jan 31, 2025 at ₹ 81.0

₹ 120000 /1600 Shares

Check Allotment

H.M. Electro Mech IPO Details

24 Jan, 2025

Open Date

28 Jan, 2025

Close Date

29 Jan, 2025

Allotment Date

31 Jan, 2025

Listing Date

Issue Price

₹71-75 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

81.0

Listing Date

2025-01-31

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

36,99,200 shares(aggregating up to ₹27.74 Cr)

Retail Portion

35%

Subscription

91.75 times

IPO Docs

DRHP RHP

The IPO of H.M. Electro Mech is priced at ₹71-75 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Cameo Corporate Services Limited is the registrar of the issue.

H.M. Electro Mech IPO bid opening date is from Jan 24, 2025 and the bid closing date was Jan 28, 2025.
H.M. Electro Mech IPO allotment result will be available on Jan 29, 2025. The tentative listing date for H.M. Electro Mech is Jan 31, 2025.

The total issue size is 36,99,200 shares(aggregating up to ₹27.74 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	7,02,400 / 5,28,000	12,30,400	24,60,800
Day 1 - 24-01-25 06:00 PM	0.00 / 4.44 x	13.84 x	7.87 x
Day 2 - 27-01-25 06:00 PM	0.95 / 13.24 x	35.96 x	21.09 x
Day 3 - 28-01-25 06:00 PM	16.01 / 183.65 x	95.55 x	91.75 x

Total No. of Applications: 85,615 (Approx)

H.M. Electro Mech Valuations

EPS Pre IPO

₹8.19/-

EPS Post IPO

₹4.87/-

P/E Pre IPO

9.16

P/E Post IPO

15.39

ROE

29.06%

ROCE

33.28%

Debt/Equity

0.38

RoNW

25.37%

PAT Margin

6.99

Price to Book Value

2.32

H.M. Electro Mech Company Financials All values are in ₹ Cr.

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	72.15	64.08	44.34
Revenue	117.3	101.67	62.03
Profit After Tax	8.19	6.01	2.58
Net Worth	32.27	24.08	18.07
Reserves & Surplus	22.27	14.08	8.07
Total Borrowing	12.25	6.40	0.18

About The Company

H.M. Electro Mech Limited that was incorporated in the year 2003 is an infrastructure firm in turnkey projects, like supply, installation, testing, and commissioning of pumping machinery, and providing comprehensive operation and maintenance services.

The core business of the company includes electrification projects with Indian Railways, banks, and municipal corporations. It has also initiated EPC projects, which include laying cross-country pipelines and civil work for water supply projects like water treatment plants, pump houses, diesel generators, panel rooms, instrumentation, and PLC-SCADA.

H.M. Electro-Mech has also joined hands with other companies for the civil work part of these EPC projects. Besides, the company sells products like pumps, pipes, transformers, and motors.

The company's clients include State Governments, Central Governments, Municipal corporations, the banking sector and educational institutes.

The company operates throughout the country, handling projects in Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Punjab, and Chandigarh.

As of September 30, 2024, the Company had 37 permanent employees and 107 on contracts.

H.M. Electro Mech - Promoter(s)

Pre Issue Share Holding: 97.47%

Post Issue Share Holding: 71.15%

Company Promoter(s)

Dipak Padmakant Pandya
Mahendra Ramabhai Patel
Varsha Mahendra Patel
Mita Dipak Pandya

H.M. Electro Mech IPO - Issue Objectives

To Meet Working Capital Requirements.
General Corporate Purposes

Other Details

Company Contact Details

H.M. Electro Mech

305, Ashram Avenue, B/H, Kochrab Ashram, Paldi, Ahmedabad- 380006

Phone: +91 079 40092538

Email: cs@hmelectromech.com

Website: https://www.hmelectromech.com/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipo.cameoindia.com/

H.M. Electro Mech IPO - FAQs

Ans. H.M. Electro Mech Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jan 24, 2025, and closes on Jan 28, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The H.M. Electro Mech Limited IPO opens on Jan 24, 2025 and closes on Jan 28, 2025.

Ans. The size of H.M. Electro Mech Limited IPO is 36,99,200 shares(aggregating up to ₹27.74 Cr).

Ans. The IPO price band is set between ₹71-75 per equity share.

Ans. To apply for H.M. Electro Mech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find H.M. Electro Mech Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of H.M. Electro Mech Limited IPO is Jan 29, 2025.

Ans. The H.M. Electro Mech Limited IPO will be listed on Jan 31, 2025.

Ans. Follow the steps to check the allotment status for H.M. Electro Mech Limited IPO here.