H.M. Electro Mech Limited
GMP
₹81 (8.00%)
Offer Date
24 Jan 2025 to 28 Jan 2025
Offer Price
₹71 to ₹75
Lot Share
1600 Share
Minimum Investment
₹1,20,000/ 1600 Shares
H.M. Electro Mech Limited IPO Details
H.M. Electro Mech Limited IPO has an issue size of Approx ₹27.74 Crores, with a face value of ₹100 per share and a price band ranging from ₹71 to ₹75 per share.
Opening Date
24 Jan 2025
Closing Date
28 Jan 2025
Allotment Date
29 Jan 2025
Refund Intiated Date
30 Jan 2025
Demat Transfer Date
30 Jan 2025
Issue Size
Approx ₹27.74 Crores
Fresh Issue
Approx ₹27.74 Crores
Offer for sale
-
H.M. Electro Mech Limited Subscription Details
H.M. Electro Mech Limited IPO subscription till 28 Jan 2025 05:00:44 pm as QIB quota 17.96x, HNI quota 184.35x and Retail quota 97.73x with the total subscription of 93.55 Times.
H.M. Electro Mech Limited IPO Objects Of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
To Meet Working Capital Requirements
General Corporate Purposes
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Applications
-
S-HNI App
-
B-HNI App
-
Issue Type
Book Built Issue IPO
Listing At
BSE
Registrar
Cameo Corporate Services Limited
H.M. Electro Mech Limited Promoters Holdings
H.M. Electro Mech Limited Company Financials (in Lakhs)
As of 31 Dec 2023 , H.M. Electro Mech Limited company reported assets of 63.93 Lakhs, revenue of 75.35 Lakhs, and a profit after tax of 5.28 Lakhs.
H.M. Electro Mech Limited Peer Groups
HEC Infra Projects Limited
H.M. Electro Mech Limited IPO Registrar
Cameo Corporate Services Limited
Tel: +91-44-28460390
E-mail: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
H.M. Electro Mech Limited Address
H.M. Electro Mech Limited
305, Ashram Avenue, B/H Kochrab Ashram, Paldi Ahmedabad- 380006
Phone: +91 079 40092538
E-mail: cs@hmelectromech.com
Website: https://www.hmelectromech.com/
About H.M. Electro Mech Limited
Founded in 2003, H.M. Electro Mech Limited is an infrastructure company specializing in turnkey projects. These projects encompass the supply, installation, testing, and commissioning of pumping machinery, along with comprehensive operation and maintenance services.
The company’s primary focus is on electrification projects for Indian Railways, banks, and municipal corporations. It has also expanded into EPC (Engineering, Procurement, and Construction) projects, including the laying of cross-country pipelines and civil works for water supply projects such as water treatment plants, pump houses, diesel generators, panel rooms, instrumentation, and PLC-SCADA systems.
H.M. Electro Mech collaborates with other firms to manage the civil work aspects of its EPC projects. The company also supplies products including pumps, pipes, transformers, and motors.
Its clientele includes various state and central government bodies, municipal corporations, the banking sector, and educational institutions.
Operating across India, the company undertakes projects in states such as Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Punjab, and Chandigarh.
As of May 31, 2024, H.M. Electro Mech had 26 permanent employees and 28 contractual staff.