The H.M. Electro Mech IPO minimum market lot is 1600 shares with ₹1,20,000 application amount. The H.M. Electro Mech IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
H.M. Electro Mech IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.00 | 0.95 | 16.01 |
NII | 4.44 | 13.24 | 183.65 |
RII | 13.84 | 35.96 | 95.55 |
Total | 7.87 | 21.09 | 91.75 |
H.M. Electro Mech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
H.M. Electro Mech IPO Review and Rating
- May Apply For Long-term View
H.M. Electro Mech IPO Form
How to apply for the H.M. Electro Mech IPO? You can apply for H.M. Electro Mech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the H.M. Electro Mech IPO in the Invest section. The other option is you can apply for H.M. Electro Mech IPO via IPO forms downloaded online. Check out the H.M. Electro Mech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.