H.M. Electro Mech and Infra Solutions IPO Details
| IPO Open Date: | January 24, 2025 |
| IPO Close Date: | January 28, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹71 to ā¹75 Per Share |
| Issue Size: | Approx ā¹27.74 Crores |
| Fresh Issue: | Approx ā¹27.74 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
H.M. Electro Mech IPO Market Lot
The H.M. Electro Mech IPO minimum market lot is 1600 shares with ā¹1,20,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ā¹1,20,000 |
| Retail Maximum | 1 | 1,600 | ā¹1,20,000 |
| S-HNI Minimum | 2 | 3,200 | ā¹2,40,000 |
H.M. Electro Mech IPO Dates
The H.M. Electro Mech IPO date is January 24 and the close date is January 28. The H.M. Electro Mech IPO allotment will be finalized on January 29 and the IPO listing on January 31.
| IPO Open Date: | January 24, 2025 |
| IPO Close Date: | January 28, 2025 |
| Basis of Allotment: | January 29, 2025 |
| Refunds: | January 30, 2025 |
| Credit to Demat Account: | January 30, 2025 |
| IPO Listing Date: | January 31, 2025 |
Promoters of H.M. Electro Mech IPO
The promoters of the company are Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel and Mita Dipak Pandya.
About H.M. Electro Mech IPO
One of the growing companies H.M. Electro Mech Limited, incorporated in 2003, is involved in turnkey projects of supply, installation, testing, and commissioning of pumping machinery. In the past, the company was involved in the Infra projects related to water supply incorporating pumping machinery for wastewater. Throughout the years, the company has also expanded its business in electrification projects, working with Indian Railways, Nationalized Banks, and Municipal Corporations. Currently, they are also engaged in the EPC field projects which comprise building cross-country pipelines and civil work related to water supply projects. The company also sells products such as pumps, Pipes, Transformers, Motors, and other Electronic Accessories to the customers. H.M. Electro-Mech has established itself as one of the reputed and trusted businesses in a short time all due to its strong and effective management system and in-time project implementation. State Governments, Central Government, Municipal corporations, the banking sector, and educational institutes are their major clients. As of now, the company has 28 employees on contract while 26 permanent employees.
H.M. Electro Mech IPO Company Financial Report
The company reported revenue of ā¹117.3 crores in 2024 against ā¹101.67 crore in 2023. The company reported profit of ā¹8.19 crores in 2024 against Profit of ā¹6.01 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹62.03 | ā¹58.49 | ā¹2.58 | ā¹44.34 |
| 2023 | ā¹101.67 | ā¹93.59 | ā¹6.01 | ā¹64.08 |
| 2024 | ā¹117.3 | ā¹106.33 | ā¹8.19 | ā¹72.15 |
| September 2024 | ā¹45.43 | ā¹40.90 | ā¹3.34 | ā¹85.99 |
H.M. Electro Mech IPO Valuation – FY2024
Check H.M. Electro Mech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 29.06% |
| ROCE: | 33.28% |
| EBITDA Margin: | 10.73% |
| PAT Margin: | 6.99% |
| Debt to equity ratio: | 0.38 |
| Earning Per Share (EPS): | ā¹8.19 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 25.37% |
| Net Asset Value (NAV): | ā¹32.27 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| HEC Infra Projects Limited | – | 14.63 | 13.53% | 34.39 | 73.79 Cr. |
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
H.M. Electro Mech IPO Review
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H.M. Electro Mech IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
H.M. Electro Mech Limited
305, Ashram Avenue, B/H
Kochrab Ashram, Paldi
Ahmedabad- 380006
Phone: +91 079 40092538
Email: [email protected]
Website: https://www.hmelectromech.com/
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