H. M. Electro Mech Limited
H. M. Electro Mech Limited
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹71 - ₹75

Total Issue

₹28 Cr

Bid Dates

24 Jan - 28 Jan

Subscription

0.00x

Listing Price

₹80 (6.67%)

Website RHP Check Allotment

Valuation

Market Cap

₹102.74 Cr

P/E Ratio

9.16x

P/B Ratio

2.32x

H. M. Electro Mech IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

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.

H. M. Electro Mech IPO Lot Size

Lot Information for H. M. Electro Mech IPO
Category Lots Shares Amount
Ind (Min) 1 1,600 ₹1,20,000
Ind (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
Allocate Funds
Market Maker
1,85,600 EQ Share
Employee
₹0.00
Shareholder
₹0.00

H. M. Electro Mech IPO Size

Total ₹28 Cr
Fresh Issue
₹28 Cr (0.37 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. To Meet Working Capital Requirements
  2. General Corporate Purposes

H. M. Electro Mech IPO Live Subscription

Updated as on Last updated time: N/A

H. M. Electro Mech IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 0.00x 7,02,400 0
NII 0.00x 5,28,000 0
Retail 0.00x 12,30,400 0
Total 0.00x 24,60,800 0

H. M. Electro Mech IPO Details Live GMP

GMP ₹0
Est. Price ₹75
Est. Gain 0.00%

H. M. Electro Mech IPO Peer Comparison

(Rs. in crores)

H. M. Electro Mech IPO Peer Comparison Table
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

H. M. Electro Mech IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for H. M. Electro Mech IPO
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

Key Performance Indicators (KPIs)

EBITDA

10.73%

PAT

6.99%

ROE

29.06%

ROCE

33.28%

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

0.04%

Public

99.96%

Mahendra Ramabhai Patel 24.33%
Dipak Padmakant Pandya 24.33%
Mita Dipak Pandya 24.16%
Varsha Mahendra Patel 24.16%
Harshal Mahendra Patel 0.10%

Management

Dipak Padmakant Pandya
Chairman & MD
Nitinbhai Pragajibhai Dhorajiya
CFO

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Lead Managers (1)

Beeline Broking

Company Details

Name : H.M. ELECTRO MECH LIMITED

Address : 305, Ashram Avenue, B/H. Kochrab Ashram, Paldi, Ahmedabad, Gujarat, 380006, India

Number : +91 079 40092538

Email : cs@hmelectromech.com

Website : www.hmelectromech.co

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Frequently Asked Questions (FAQs)

What is H. M. Electro Mech IPO?
H. M. Electro Mech IPO is a SME IPO having an issue size of ₹28 Crs. H. M. Electro Mech IPO is priced at ₹71 - ₹75 per share. The issue opens on 24 Jan 25 and closes on 28 Jan 25.
When will H. M. Electro Mech IPO open?
H. M. Electro Mech IPO opens on 24 Jan 25 and closes on 28 Jan 25.
What is the GMP of H. M. Electro Mech IPO?
The estimated Grey Market Premium of H. M. Electro Mech IPO is ₹0 per share (0.00%).
What is the lot size of H. M. Electro Mech IPO?
The minimum lot size of H. M. Electro Mech IPO is 1600 shares & the minimum application amount is Rs. 120000.
When is the allotment of H. M. Electro Mech IPO?
The allotment date of H. M. Electro Mech IPO is 29 Jan 25.
What is the listing date of H. M. Electro Mech IPO?
The listing date of H. M. Electro Mech IPO is 31 Jan 25.
What is the subscription of H. M. Electro Mech IPO?
H. M. Electro Mech IPO is subscribed - times.
What is the price band of H. M. Electro Mech IPO?
H. M. Electro Mech IPO is priced at ₹71 - ₹75 per share.
How to check allotment status of H. M. Electro Mech IPO?
Click the allotment link on H. M. Electro Mech IPO page of IPO360.
How to apply H. M. Electro Mech IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply H. M. Electro Mech IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply H. M. Electro Mech IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select H. M. Electro Mech IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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