H.M. Electro Mech Limited
Jan 24, 2025 - Jan 28, 2025
H.M. Electro Mech Limited IPO Details
Status
listed
Issue Price
₹71.00 - ₹75.00
Lot Size
1600 Shares
Subscription
91.75 times
Listing Price
₹81.00 (8%)
Face Value
₹10 Per share
Issue Size
Approx ₹27.74 Cr
Fresh Issue
Approx ₹27.74 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE SME
Registrar
Cameo Corporate Services Limited
BSE Code
544349
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹6.01
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
24.96%
Net Asset Value (NAV)
₹24.08
Promoters
Pre issue Share Holding
97.47%
Post issue Share Holding
71.15%
Company Promoters
- Dipak Padmakant Pandya
- Mahendra Ramabhai Patel
- Varsha Mahendra Patel
- Mita Dipak Pandya
Lead Managers
Beeline Capital Advisors Pvt Ltd
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Jan 24, 2025 | 0 | 4.44 | 13.84 | 7.87 |
| Jan 27, 2025 | 0.95 | 13.24 | 35.96 | 21.09 |
| Jan 28, 2025 | 16.01 | 183.65 | 95.55 | 91.75 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,20,000 |
| Retail (Max) | 1 | 1600 | ₹1,20,000 |
| HNI (Min) | 2 | 3,200 | ₹2,40,000 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| 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%) |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 85.99 | 72.15 | 64.08 | 44.34 |
| Revenue | 45.43 | 117.3 | 101.67 | 62.03 |
| Profit After Tax | 3.34 | 8.19 | 6.01 | 2.58 |
| Net Worth | 35.42 | 32.27 | 24.08 | 18.07 |
| Reserves and Surplus | 25.42 | 22.27 | 14.08 | 8.07 |
| Total Borrowing | 7.33 | 12.25 | 6.4 | 0.18 |
About Company
The company’s main focus is on electrification projects for Indian Railways, banks, and municipal corporations. It has also started working on EPC (Engineering, Procurement, and Construction) projects, which involve laying pipelines and building water supply systems like water treatment plants, pump houses, diesel generators, panel rooms, and automation systems such as PLC-SCADA.
For the civil work in EPC projects, the company collaborates with other firms. It also sells products like pumps, pipes, transformers, and motors.
Clients include state and central governments, municipal corporations, banks, and educational institutions. The company works across India, with projects in Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Punjab, and Chandigarh.
As of September 30, 2024, the company had 37 permanent employees and 107 contract workers.
Key strengths:
- Provides complete solutions from planning to maintenance
- Strong ties with top manufacturers and OEMs for competitive prices and faster delivery
- Quick decision-making for faster project progress and client satisfaction
- Skilled management team that efficiently handles emergencies
Company Contact
305, ashram avenue, b/hkochrab ashram, paldiahmedabad- 380006
Phone: +91 079 40092538
Email: cs@hmelectromech.com
Website: https://www.hmelectromech.com/