H.M. Electro Mech IPO
H.M. Electro Mech is a BSE SME IPO listed on the BSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹81, delivering a listing gain of 8.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
H.M. Electro Mech Limited IPO
- IPO Dates
- Jan 24, 2025 – Jan 28, 2025
- Price band
- ₹71-75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹27.74 Cr
- Lot size
- 1600
- Allotment Date
- Jan 29, 2025
- Listing
- Jan 31, 2025
- Listing At
- BSE SME
IPO timeline
-
Jan 24, 2025
Open Date
Completed
-
Jan 28, 2025
Close Date
Completed
-
Jan 29, 2025
Allotment Date
Completed
-
Jan 31, 2025
Listing Date
Completed
H.M. Electro Mech IPO Essentials
H.M. Electro Mech IPO Details
H.M. Electro Mech IPO is priced at ₹71-75 per share with a total issue size of 27.74 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹71-75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 36,99,200 shares(aggregating up to ₹27.74 Cr)
- Total issue size
- 36,99,200 shares
(aggregating up to ₹27.74 crore) - Fresh issue
- 36,99,200 shares
(aggregating up to ₹27.74 crore) - Listing at
- BSE SME
- List price
- 81.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,20,000 |
| Retail(max) | 1 | 1600 | ₹1,20,000 |
| NII (min) | 2 | 3,200 | ₹2,40,000 |
H.M. Electro Mech IPO Reservation
H.M. Electro Mech IPO reservation details show category-wise allocation of shares. Out of the total 36,99,200 shares, approximately 18.99% are reserved for QIB, 14.27% for NII, 33.26% for retail investors, 5.02% for market maker, and 28.46% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 10,52,800 (28.46%) | |
| Market Maker Shares Offered | 1,85,600 (5.02%) | |
| QIB Shares Offered | 7,02,400 (18.99%) | |
| NII (HNI) Shares Offered | 5,28,000 (14.27%) | |
| Retail Shares Offered | 12,30,400 (33.26%) | |
| Total Shares Offered | 36,99,200 (100%) |
H.M. Electro Mech IPO Analytics
H.M. Electro Mech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
H.M. Electro Mech IPO Subscription Status
H.M. Electro Mech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,02,400 / 5,28,000 | 12,30,400 | 24,60,800 |
|
Day 1
24-01-25 06:00 PM
|
(0.00 / 4.44) x | 13.84 x | 7.87 x |
|
Day 2
27-01-25 06:00 PM
|
(0.95 / 13.24) x | 35.96 x | 21.09 x |
|
Day 3
28-01-25 06:00 PM
|
(16.01 / 183.65) x | 95.55 x | 91.75 x |
H.M. Electro Mech Valuations
Earnings
- EPS Pre IPO
- ₹8.19/-
- EPS Post IPO
- ₹4.87/-
- P/E Pre IPO
- 9.16
- P/E Post IPO
- 15.39
Returns
- ROE
- 29.06%
- ROCE
- 33.28%
- RoNW
- 25.37%
- PAT Margin
- 6.99
Fundamentals
- Debt / Equity
- 0.38
- Price / Book
- 2.32
H.M. Electro Mech Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 72.15 | 64.08 | 44.34 |
| Revenue | 117.3 | 101.67 | 62.03 |
| Profit After Tax | 8.19 | 6.01 | 2.58 |
| Net Worth | 32.27 | 24.08 | 18.07 |
| Reserves & Surplus | 22.27 | 14.08 | 8.07 |
| Total Borrowing | 12.25 | 6.40 | 0.18 |
H.M. Electro Mech Company & Offer Insights
About H.M. Electro Mech
H.M. Electro Mech Limited that was incorporated in the year 2003 is an infrastructure firm in turnkey projects, like supply, installation, testing, and commissioning of pumping machinery, and providing comprehensive operation and maintenance services.
The core business of the company includes electrification projects with Indian Railways, banks, and municipal corporations. It has also initiated EPC projects, which include laying cross-country pipelines and civil work for water supply projects like water treatment plants, pump houses, diesel generators, panel rooms, instrumentation, and PLC-SCADA.
H.M. Electro-Mech has also joined hands with other companies for the civil work part of these EPC projects. Besides, the company sells products like 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 throughout the country, 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.
H.M. Electro Mech Promoter(s)
Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel, Mita Dipak Pandya are the company's promoters of H.M. Electro Mech.
H.M. Electro Mech IPO Issue Objectives
- •
- To Meet Working Capital Requirements.
- •
- General Corporate Purposes
H.M. Electro Mech IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| H.M. Electro Mech Limited | N/A | 8.19 | 32.27 | N/A | 25.37 | 2.34 | Standalone |
| Hec Infra Projects Limited | N/A | 4.65 | 34.39 | 14.63 | 13.53 | 2 | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 28, 2024 divided by the Diluted EPS.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been calculated as sum of share capital and reserves, and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.
- The face value of Equity Shares of the Company is ₹10 per Equity Share.
Contact Information
Contact Details
H.M. Electro Mech
+91 079 40092538
https://www.hmelectromech.com/
305, Ashram Avenue, B/H, Kochrab Ashram, Paldi, Ahmedabad- 380006
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
H.M. Electro Mech IPO is a book-built IPO worth ₹27.74 crore. The price band is ₹71–₹75 per share. The IPO opens on Jan 24, 2025 and closes on Jan 28, 2025. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The price band of H.M. Electro Mech IPO is ₹71 to ₹75 per share.
The lot size of H.M. Electro Mech IPO is 1600 shares.
The minimum investment for H.M. Electro Mech IPO is approximately ₹1,20,000 based on the upper price band .
H.M. Electro Mech IPO opens on Jan 24, 2025 and closes on Jan 28, 2025.
The allotment date of H.M. Electro Mech IPO is Jan 29, 2025.
H.M. Electro Mech IPO is expected to be listed on Jan 31, 2025, on BSE SME Platform.
H.M. Electro Mech IPO valuation snapshot: P/E 15.39, EPS ₹4.87/-, P/B 2.32, RoNW 25.37%, and market cap N/A.
To apply for H.M. Electro Mech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of H.M. Electro Mech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for H.M. Electro Mech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check H.M. Electro Mech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the H.M. Electro Mech IPO allotment status on IPO Ji for quick and easy access.