H.M. Electro Mech Limited IPO Details – Price, Date, GMP & Analysis
H.M. Electro Mech Limited IPO Overview
Key IPO Details
Investment Summary
The H.M. Electro Mech Limited IPO IPO is a sme offering scheduled to open on January 24. The issue is priced at ₹75 per share, with a minimum application of 1600 shares.
Status: Listed and trading
How to Apply for H.M. Electro Mech Limited IPO
To apply for the H.M. Electro Mech Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select H.M. Electro Mech Limited IPO
- Enter bid quantity (minimum 1600 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before January 28
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹120,000(approx. based on lower price band)
Company Overview
H.M. Electro Mech Limited, established in 2003, specializes in turnkey infrastructure projects, including pumping machinery and operation services. The company works with Indian Railways, banks, and municipal corporations, and has expanded into EPC projects for water supply. It sells products like pumps and transformers and serves clients across various sectors nationwide. As of September 30, 2024, it employed 37 permanent and 107 contract staff.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Fri, Jan 24, 2025
CompletedClose Date
Tue, Jan 28, 2025
CompletedAllotment
Wed, Jan 29, 2025
CompletedRefund Process
Thu, Jan 30, 2025
CompletedCredit to Demat
Thu, Jan 30, 2025
CompletedListing Date
Fri, Jan 31, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 16.01x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 183.65x | Oversubscribed |
| RII (Retail Individual Investors) | 95.55x | Oversubscribed |
| Total Subscription | 91.75x | Oversubscribed |
Last updated: Invalid Date
IPO Details
H.M. Electro Mech IPO Details
| IPO Date | January 24, 2025 to January 28, 2025 |
| Listing Date | January 31, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹75 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 36,99,200 shares (aggregating up to ₹27.74 Cr) |
| Fresh Issue | 36,99,200 shares (aggregating up to ₹27.74 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,36,99,200 shares |
H.M. Electro Mech 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%) |
H.M. Electro Mech IPO Timeline (Tentative Schedule)
| IPO Open Date | Fri, Jan 24, 2025 |
| IPO Close Date | Tue, Jan 28, 2025 |
| Tentative Allotment | Wed, Jan 29, 2025 |
| Initiation of Refunds | Thu, Jan 30, 2025 |
| Credit of Shares to Demat | Thu, Jan 30, 2025 |
| Tentative Listing Date | Fri, Jan 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |
H.M. Electro Mech IPO 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 |
H.M. Electro Mech IPO Promoter Holding
| Share Holding Pre Issue | 97.47% |
| Share Holding Post Issue | 71.15% |
H.M. Electro Mech IPO Listing Details
| January 31, 2025 |
| 544349 |
| INE0DZD01015 |
| ₹75 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹75.00 |
| Open | ₹81.00 |
| Low | ₹76.95 |
| High | ₹81.00 |
| Last Trade | ₹77.04 |
Financial Information
Company FinancialsH.M. Electro Mech Limited Financial Information (Restated)
| 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 |
Key Dates
H.M. Electro Mech Limited IPO IPO Review & Analysis
Should I Apply for H.M. Electro Mech Limited IPO?
The H.M. Electro Mech Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹27.74 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
H.M. Electro Mech Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: H.M. Electro Mech Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.