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HM Electro Mech IPO
IPO Details
- Open Date
24 Jan 2025
- Close Date
28 Jan 2025
- IPO Price Range
₹ 71 to ₹ 75
- IPO Size
₹ 27.74 Cr
- Listing Exchange
BSE SME
- Listing Date
31 Jan 2025
IPO Timeline
HM Electro Mech IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
24-Jan-25 | 0 | 4.44 | 13.84 | 7.87 |
27-Jan-25 | 0.95 | 13.24 | 35.96 | 21.09 |
28-Jan-25 | 16.01 | 183.65 | 95.55 | 91.75 |
Last Updated: 28 January 2025 6:21 PM by 5Paisa
H.M. Electro Mech Limited specializes in turnkey infrastructure projects, including pumping machinery, electrification, EPC works, and O&M services. With clients spanning governments, banks, and municipalities, it operates nationwide. Competitive strengths include end-to-end solutions, strong OEM ties, experienced management, and rapid resource mobilization. As of September 2024, it employed 37 permanent staff and 107 contract workers.
Established in: 2003
Chairman & MD: Mr. Dipak Padmakant Pandya
Peers
Objectives
1. To Meet Working Capital Requirements
2. General Corporate Purposes
H.M. Electro IPO Size
Types | Size |
---|---|
Total IPO Size | ₹27.74 Cr. |
Offer For Sale | - |
Fresh Issue | ₹27.74 Cr. |
H.M. Electro IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1,600 | 113,600 |
Retail (Max) | 1 | 1,600 | 113,600 |
HNI (Min) | 2 | 3,200 | 227,200 |
H.M. Electro IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 16.01 | 7,02,400 | 1,12,48,000 | 84.36 |
NII (HNI) | 183.65 | 5,28,000 | 9,69,64,800 | 727.24 |
Retail | 95.55 | 12,30,400 | 11,75,63,200 | 881.72 |
Total** | 91.75 | 24,60,800 | 22,57,76,000 | 1,693.32 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
H.M. Electro IPO Anchor Allocation
Anchor Bid Date | 9 January, 2025 |
Shares Offered | 18,68,000 |
Anchor portion Size (In ₹ Cr.) | 11.21 |
Anchor lock-in period end date for 50% shares (30 Days) | 15 February, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 16 April, 2025 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 62.03 | 101.67 | 117.30 |
EBITDA | 3.49 | 8.91 | 12.56 |
PAT | 2.58 | 6.01 | 8.19 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 44.34 | 64.08 | 72.15 |
Share Capital | 10.00 | 10.00 | 10.00 |
Total Borrowings | 0.18 | 6.40 | 12.25 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 5.04 | -4.14 | 0.04 |
Net Cash Generated From / (used in) investing activities | -3.09 | -1.38 | -5.82 |
Net Cash Generated From / (used in) financing activities | -1.37 | 5.44 | 3.97 |
Net Increase (Decrease) In Cash And Cash Equivalents | 0.58 | -0.08 | -1.81 |
Strengths
1. Expertise in turnkey projects, including supply, installation, and commissioning services.
2. Strong ties with leading manufacturers and OEMs ensure competitive pricing and timely delivery.
3. Nationwide operations with a diverse client base across government and private sectors.
4. Experienced management enables efficient resource mobilization and swift decision-making.
5. End-to-end project execution capabilities, from conceptualization to operation and maintenance.
Risks
1. Dependency on government contracts exposes the company to policy and regulatory changes.
2. High reliance on third-party collaborations for civil works in EPC projects.
3. Limited workforce may restrict scalability for large-scale, simultaneous projects.
4. Geographic focus is primarily limited to select states in India.
5. Exposure to competition from larger infrastructure firms with more diverse portfolios.
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FAQs
H.M. Electro Mech IPO opens from 24 January 2025 to 28 January 2025.
The size of H.M. Electro Mech IPO is ₹27.74 Cr.
The price of H.M. Electro Mech IPO is fixed at ₹71 to ₹75 per share.
To apply for H.M. Electro Mech IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the H.M. Electro Mech IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of H.M. Electro Mech IPO is 1,600 shares and the investment required is ₹113,600.
The share allotment date of H.M. Electro Mech IPO is 29 January 2025
The H.M. Electro Mech IPO will be listed on 31 January 2025.
Beeline Capital Advisors Pvt Ltd is the book running lead manager for H.M. Electro Mech IPO.
H.M. Electro Mech plans to utilise the raised capital from the IPO for:
- To Meet Working Capital Requirements
- General Corporate Purposes
Contact Information
HM Electro Mech
H.M. Electro Mech Limited
305, Ashram Avenue, B/H
Kochrab Ashram, Paldi
Ahmedabad- 380006
Phone: +91 079 40092538
Email: cs@hmelectromech.com
Website: https://www.hmelectromech.com/
HM Electro Mech IPO Register
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
HM Electro Mech IPO Lead Manager
Beeline Capital Advisors Pvt Ltd