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H.M. Electro Mech IPO

₹1,13,600/1600 shares

Minimum Investment

IPO Details

Open Date

24 Jan 25

Close Date

28 Jan 25

Minimum Investment

1,13,600

Lot Size

1600

Price Range

71 to ₹75

Listing Exchange

BSE

Issue Size

27.74 Cr

Listing Date

31 Jan 25

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H.M. Electro Mech IPO Timeline

Bidding Start

24 Jan 25

Bidding Ends

28 Jan 25

Allotment Finalisation

29 Jan 25

Refund Initiation

30 Jan 25

Demat Transfer

30 Jan 25

Listing

31 Jan 25

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About H.M. Electro Mech Limited IPO

H.M. Electro Mech Limited, established in 2003, specialises in turnkey projects for the supply, installation, testing, and commissioning of pumping machinery, along with operation and maintenance services. The company has expanded into electrification projects for Indian Railways, banks, and municipal corporations, and ventured into EPC projects, including water treatment plants and pipeline construction. ISO 9001:2015 certified and an approved electrical contractor in Gujarat and Rajasthan, it has successfully executed several large-scale projects across India, positioning itself as a key player in the industry.

IPO Strengths

  • End-to-end project lifecycle management, from conception to maintenance, streamlining the process for clients.
  • Strong relationships with leading manufacturers and OEMs enable competitive pricing and expedited delivery.
  • Agile decision-making ensures swift project progression and responsiveness to client needs.
  • Rapid mobilization of technical and supply resources for emergency resolution.
  • Promoters with 20+ years of experience driving the company’s success.
  • A growing order book of Rs. 38541.23 lakhs as of December 2023.
  • High employee retention ensures operational consistency and long-term client relationships.

H.M. Electro Mech IPO Key Financials (in ₹ lakhs)

Particulars 31 Dec 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 6393.44 6408.02 4434.24 62.05
Revenue 7526.67 10148.07 6184.32 4696.89
Profit After Tax 528.27 601.15 258.00 201.59
Reserves and Surplus 1936.30 403.80 13.59
Total Borrowings 1447.63 639.59 18.18 152.26

H.M. Electro Mech Limited Upcoming IPO Details

Category Details
Issue Type Book Built Issue IPO
Total Issue Size Fresh Issue: 36,99,200 shares (aggregation to ₹27.74 Cr)

Offer for Sale: NA

Price Range ₹71 to ₹75 per share
Lot Size 1,600 Shares
Face Value ₹10 per share
Listing Exchange SME, BSE
Pre-IPO Shareholding 1,00,00,000 shares
Post-IPO Shareholding 1,36,99,200 shares

H.M. Electro Mech IPO Important Dates

IPO Activity Date
IPO Open Date 24 January 2025
IPO Close Date 28 January 2025
Basis of Allotment 29 January 2025
Refunds Initiation 30 January 2025
Credit of Shares to Demat 30 January 2025
Listing Date 31 January 2025

H.M. Electro Mech IPO LOTs

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 Lead Managers

Lead Managers
Beeline Capital Advisors Limited

H.M. Electro Mech Limited IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) 6.01
Price/Earnings (P/E) Ratio TBD
Return on Net Worth (RoNW) 24.96%
Net Asset Value (NAV) 29.36
Return on Equity 28.52%
Return on Capital Employed (ROCE) 36.17%
EBITDA Margin 8.78%
PAT Margin 5.92%
Debt to Equity Ratio 0.27

H.M. Electro Mech IPO Peer Group Comparison

Name of the Company Face Value (₹) Diluted EPS (₹) P/E Ratio RoNW (%) NAV (₹) Revenue

(₹ in Lakhs)

H.M. Electro Mech Limited 10.00 6.01 [●] 24.96% 24.08 10,148.70
HEC Infra Projects Limited 10.00 0.78 38.90 2.62% 29.73 5,173.39

Objectives of the Proceeds

  • To meet working capital requirements, ₹2100 lakhs
  • To meet general corporate expenses

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1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App

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