H.M. Electro Mech and Infra Solutions IPO will open for subscription on January 24, 2025, and close on January 28, 2025. The company plans to raise ₹27.74 crores through its IPO, consisting of a fresh issue of ₹27.74 crores and an offer for sale of equity shares with a face value of ₹10 each. The price range for the IPO is set between ₹71 and ₹75 per share. Of the total issue, 35% is allocated for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The IPO is expected to list on BSE on January 31, 2025. The allotment date for the IPO is set for January 29, 2025. For the fiscal year 2024, the company reported revenue of ₹117.3 crores compared to ₹101.67 crores in 2023. The company’s profit stood at ₹8.19 crores for 2024, up from ₹6.01 crores in 2023. Considering the company’s performance and growth, long-term investment in the IPO is recommended.
H.M. Electro Mech IPO Details
Field
Value
ipo title
H.M. Electro Mech BSE SME
status
Listed
gain percentage
8%
subscription
91.75x
price
75
gmp
6
est listing
81 (8%)
ipo size
₹ 27.74 Cr
H.M. Electro Mech IPO Dates
Field
Value
lot
1,600
open
24-Jan
close
28-Jan
boa dt
29-Jan
listing
31-Jan
H.M. Electro Mech IPO Financial Report
The company reported a revenue of ₹117.3 crores in 2024, compared to ₹101.67 crores in 2023. In terms of profit, the company earned ₹8.19 crores in 2024, an increase from ₹6.01 crores in 2023.
No Data Available
About H.M. Electro Mech IPO
H.M. Electro Mech Limited, founded in 2003, is emerging as a prominent player in turnkey projects that include the supply, installation, testing, and commissioning of pumping machinery. Initially involved in infrastructure projects for water supply and wastewater pumping machinery, the company has since broadened its scope into electrification projects, collaborating with Indian Railways, Nationalized Banks, and Municipal Corporations. Presently, H.M. Electro Mech is active in EPC (Engineering, Procurement, and Construction) projects, particularly those related to cross-country pipelines and civil work for water supply initiatives. In addition to its core services, the company also markets products such as pumps, pipes, transformers, motors, and various electronic accessories. Their expansion is built upon a foundation of strong management practices and efficient project execution, which have made them a reputable business. Government entities—both state and central—municipal corporations, the banking sector, and educational institutions represent the company’s major client base. As of the current year, the company employs 28 contract workers and 26 permanent employees.
H.M. Electro Mech IPO FAQs
What is H.M. Electro Mech IPO?
H.M. Electro Mech IPO is an SME IPO where the company aims to raise ₹27.74 crores. The price range for the equity shares is ₹71 to ₹75 each, and the IPO will be listed on BSE.
When H.M. Electro Mech IPO will open for subscription?
The H.M. Electro Mech IPO will open for subscription on January 24, 2025, and will close on January 28, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is H.M. Electro Mech IPO Investors Portion?
The investment allocation for H.M. Electro Mech IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for H.M. Electro Mech IPO?
You can apply for the H.M. Electro Mech IPO online via ASBA through your bank account, or via UPI through stock brokers. Alternatively, you can apply offline by filling out a form with your stock broker.
What is H.M. Electro Mech IPO Issue Size?
The issue size of H.M. Electro Mech IPO is ₹27.74 crores.
What is H.M. Electro Mech IPO Price Band?
The price band for H.M. Electro Mech IPO shares is ₹71 to ₹75.
What is H.M. Electro Mech IPO Lot Size?
The minimum bid for H.M. Electro Mech IPO is 1600 shares, with a total bid amount of ₹1,20,000.
What is the H.M. Electro Mech IPO Allotment Date?
The allotment date for H.M. Electro Mech IPO is January 29, 2025.
What is the H.M. Electro Mech IPO Listing Date?
H.M. Electro Mech IPO is expected to list on the BSE on January 31, 2025.
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