H. M. Electro Mech Limited
H. M. Electro Mech Limited
Price Band
₹71 - ₹75
Total Issue
₹27.74 Cr
Bid Dates
24 Jan - 28 Jan
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
The company is a leading turnkey contractor specializing in water infrastructure, pumping systems, and EPC projects, including cross-country pipelines, WTPs, and electrification works. With ISO 9001:2015 certification and ‘Class AA’ contractor status in Gujarat, it serves government bodies, banks, and municipal corporations. Since 2018, it has completed projects worth ₹13,209.82 lakhs and is currently handling 37 ongoing projects worth ₹41,034.41 lakhs. Headquartered in Gujarat, the company is known for timely execution, quality delivery, and strong local presence.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,600 | ₹1,20,000 |
| Individual (Max) | 1 | 1,600 | ₹1,20,000 |
| S-HNI (Min) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
H. M. Electro Mech IPO Peer Comparison
(Rs. in crores)
| Particulars | Co. | HEC Infra Projects |
|---|---|---|
| Revenue from Ops (in Crs.) | 117.03 | 73.79 |
| PAT (In Crs.) | 8.19 | 4.72 |
| EPS - Basic | 8.19 | 4.65 |
| NAV per share | 32.27 | 34.39 |
| RONW | 25.37% | 13.53% |
| EBITDA | 10.73% | 7.13% |
| PAT Margin | 6.99% | 6.39% |
| Price to earning (PE) | 9.16 | 14.63 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 45.40 | 117.03 | 101.49 | 61.84 |
| Profit after Tax | 3.34 | 8.19 | 6.01 | 2.58 |
| Net Worth | 35.42 | 32.27 | 24.08 | 18.07 |
| Total Borrowing | 7.33 | 12.25 | 6.40 | 0.18 |
| Total Assets | 85.99 | 72.15 | 64.08 | 44.34 |
| NAV per share (in ₹) | 35.42 | 32.27 | 24.08 | 18.07 |
| EPS - Basic (in ₹) | 3.34 | 8.19 | 6.01 | 2.58 |
KPIs
EBITDA
10.73%
PAT
6.99%
ROE
29.06%
ROCE
33.28%
PE Ratio
9.16
PB Ratio
2.32
Mkt Cap (in Crs.)
102.74
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
0.04%
Public
99.96%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | -0.08x | 24,60,800 | -1,85,600 |
Frequently Asked Questions
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How to apply H. M. Electro Mech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply H. M. Electro Mech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply H. M. Electro Mech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select H. M. Electro Mech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date