H.M. Electro Mech IPO Date, Review, Price, Allotment Details

H.M. Electro Mech and Infra Solutions IPO open date is January 24, 2025 and the IPO will close on January 28, 2025. H.M. Electro Mech IPO is a Book Built Issue. The company to raise around ₹27.74 crores via IPO that comprises fresh issue of ₹27.74 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

H.M. Electro Mech IPO price band is ₹71 to ₹75 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. H.M. Electro Mech IPO to list on BSE on January 31, 2025. The allotment of H.M. Electro Mech IPO date is January 29, 2025.

The company reported revenue of ₹117.3 crores in 2024 against ₹101.67 crore in 2023. The company reported profit of ₹8.19 crores in 2024 against Profit of ₹6.01 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

H.M. Electro Mech IPO

H.M. Electro Mech and Infra Solutions IPO Details

IPO Open Date:January 24, 2025
IPO Close Date:January 28, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹71 to ₹75 Per Share
Issue Size:Approx ₹27.74 Crores
Fresh Issue:Approx ₹27.74 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 ₹1,20,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,600₹1,20,000
Retail Maximum11,600₹1,20,000
S-HNI Minimum23,200₹2,40,000

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 ₹117.3 crores in 2024 against ₹101.67 crore in 2023. The company reported profit of ₹8.19 crores in 2024 against Profit of ₹6.01 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹62.03₹58.49₹2.58₹44.34
2023₹101.67₹93.59₹6.01₹64.08
2024₹117.3₹106.33₹8.19₹72.15
September 2024₹45.43₹40.90₹3.34₹85.99

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.

KPIValues
ROE:29.06%
ROCE:33.28%
EBITDA Margin:10.73%
PAT Margin:6.99%
Debt to equity ratio:0.38
Earning Per Share (EPS):₹8.19 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):25.37%
Net Asset Value (NAV):₹32.27

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
HEC Infra Projects Limited14.6313.53%34.3973.79 Cr.

Objects of the Issue

  • To Meet Working Capital Requirements
  • General Corporate Purposes

H.M. Electro Mech IPO Review

  • IPO Watch – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

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/

H.M. Electro Mech IPO FAQs

What is H.M. Electro Mech IPO?

H.M. Electro Mech IPO is a SME IPO. The company is going to raise ₹27.74 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on BSE.

When H.M. Electro Mech IPO will open for subscription?

The IPO is to open on January 24, 2025 for QIB, NII, and Retail Investors. The IPO will close on January 28, 2025.

What is H.M. Electro Mech IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the H.M. Electro Mech IPO?

You can apply for H.M. Electro Mech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is H.M. Electro Mech IPO Issue Size?

H.M. Electro Mech IPO issue size is ₹27.74 crores.

What is H.M. Electro Mech IPO Price Band?

H.M. Electro Mech IPO Price Band is ₹71 to ₹75.

What is H.M. Electro Mech IPO Lot Size?

The minimum bid is 1600 Shares with ₹1,20,000 amount.

What is the H.M. Electro Mech IPO Allotment Date?

H.M. Electro Mech IPO allotment date is January 29, 2025.

What is the H.M. Electro Mech IPO Listing Date?

H.M. Electro Mech IPO listing date is January 31, 2025. The IPO is to list on BSE.

Note: The H.M. Electro Mech IPO price band and date are officially announced. The (H.M. Electro Mech IPO grey market premium) will be added to the IPO GMP page as it will start).
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