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H.M.Electro Mech Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size36,99,200 shares (aggregating up to ₹27.74 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 24 Jan 2025
Subscription CloseTue, 28 Jan 2025
Anchor AllotmentThu, 23 Jan 2025
Basis of AllotmentWed, 29 Jan 2025
Initiation of RefundsThu, 30 Jan 2025
Credit of Shares to DematThu, 30 Jan 2025
Listing DateFri, 31 Jan 2025
UPI Mandate Deadline2025-01-28
Application & Investment Details
Retail — Min (1 Lots)120000 — 1600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)240000 — 3200 shares
EPS (Pre-IPO)₹8.19
EPS (Post-IPO)₹4.87
P/E Ratio (Pre-IPO)9.16x
P/E Ratio (Post-IPO)15.39x
Net Offer to Public35,13,600 shares (aggregating up to ₹26.35 Cr)
Reserved for Market Maker1,85,600 shares (aggregating up to ₹1.39 Cr)
Pre-IPO Promoter Holding1,00,00,000 shares
Post-IPO Promoter Holding1,36,99,200 shares
About H.M.Electro Mech Ltd.

Incorporated in 2003, H.M. Electro Mech Limited is an infrastructure firm specialising in turnkey projects, including supply, installation, testing, and commissioning of pumping machinery and providing comprehensive operation and maintenance services.The company's core business includes electrification projects with Indian Railways, banks, and municipal corporations. It has also started EPC projects, which include laying cross-country pipelines and civil work for water supply projects such as water treatment plants, pump houses, diesel generators, panel rooms, instrumentation, and PLC-SCADA.H.M. Electro-Mech has collaborated with other companies for the civil work portion of these EPC projects. Additionally, the company sell products such as 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 nationwide, 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.Competitive StrengthProvides end-to-end solutions for projects, starting from conceptualization to maintenanceRobust relationships with leading manufacturers and OEMs, facilitating competitive pricing and expedited deliveryPrompt decision-making process ensures swift project progression and responsiveness to client needs.Experienced Management TeamThe team swiftly mobilizes resources for emergencies.

Objects of the Issue

H.M.Electro Mech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To Meet Working Capital Requirements
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,00,00,000 shares
Post-IPO Promoter Holding 1,36,99,200 shares
Check AllotmentCheck Status →
H.M.Electro Mech Ltd. — Live Price LIVE
₹75.00
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Issue ₹75.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹75
GMPNIL
Est. Listing₹75
Lot Size1,600 shares
Min Amount₹240,000
Listing Date31 Jan 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹75
Listing Date31 Jan 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 185,600 ₹1.39 Cr
TOTAL 3,699,200 100.00% ₹27.74 Cr
* Based on ₹75.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹75.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹120,000
Retail (Max) 13 20,800 ₹1,560,000
sNII (Min) 14 22,400 ₹1,680,000
bNII (Min) 68 108,800 ₹8,160,000
Company Financials — Restated Consolidated (Amount in ₹ Crores)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 45.43 117.30 101.67
EBITDA N/A N/A N/A
Profit After Tax (PAT) 3.34 8.19 6.01
Net Worth 35.42 32.27 24.08
Total Assets 85.99 72.15 64.08
Reserves & Surplus 25.42 22.27 14.08
Total Borrowings 7.33 12.25 6.40
Key Ratios & Valuation
Issue Price ₹75
Face Value ₹10 Per Share
P/BV 2.32
RoE 29.06%
RoCE 33.28%
RoNW 25.37%
PAT Margin (%) 6.99%
EBITDA Margin (%) N/A
Debt / Equity 0.38
Company Details
Company
H.M.Electro Mech Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
305, Ashram Avenue, B/H Kochrab Ashram, Paldi Ahmedabad- 380006 Ahmedabad, Gujarat
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)