
H.M. Electro Mech Limited
H.M. Electro Mech Limited(HMEML)
Total Shares
36,99,200
Issue Size
₹27.74 Cr
Price Band
₹71 – ₹75
Lot Size
1600 shares
Min. Investment
₹1,20,000
Max. Investment
₹1,20,000
Open Date
24 Jan, 2025
Close Date
28 Jan, 2025
Allotment
29 Jan, 2025
Listing
31 Jan, 2025
Max. Investment
₹1,20,000
Announced
24 Jan, 2025
Opening Date
24 Jan, 2025
Closing Date
28 Jan, 2025
Basis of Allotment
29 Jan, 2025
Initiation of Refunds
30 Jan, 2025
Credit of Shares
30 Jan, 2025
Listing Date
31 Jan, 2025
Live GMP
Est. Listing: ₹90
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About H.M. Electro Mech Limited IPO
Incorporated in 2003, H.M. Electro Mech Limited is an infrastructure firm specialising in turnkey projects, including supply, installation, testing, and commissioning of pumping machinery and providing comprehensive operation and maintenance services.
The company's core business includes electrification projects with Indian Railways, banks, and municipal corporations. It has also started EPC projects, which include laying cross-country pipelines and civil work for water supply projects
H.M. Electro Mech Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
H.M. Electro Mech Limited IPO Financials Health
H.M. Electro Mech Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,20,000 |
| Retail Maximum | 1 | 1600 | ₹1,20,000 |
| HNI Minimum | 2 | 3200 | ₹2,40,000 |
(All values in CR)
H.M. Electro Mech Limited IPO Valuation
| Metric | Value |
|---|---|
| EPS Post IPO | 5.14 |
| EPS Pre IPO | 6.01 |
| P/E Post IPO | 14.59 |
| P/E Pre IPO | 12.48 |
(All values in CR)
Strength & Risk of H.M. Electro Mech Limited IPO
1. Comprehensive Solutions.
2. Strategic Partnerships.
3. Prompt Decision-Making.
4. Emergency Response Expertise.
5. Experienced Promoters and management team.
6. Robust Order Book.
7. Stability and Continuity.
1. Majority of our Revenue from Operation (RFO) is generated from state of Gujarat and Rajasthan. Any adversedevelopment affecting our operations in this region could have an adverse impact on our business, financial condition and results of operations.
2. We do not own the place where our registered office is situated. In case of non-renewal of rent agreements/cancellation of the NOCs given so far or dispute in relation to use of the said premise, our business and results of operations can be adversely affected.
3. Our Company, promoters and directors are involved in certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
4. Our Company has reported certain negative cash flows from its operating activity, financing activity and investing activity, details of which are given below. Sustained negative cash flow could impact our growth and business.
5. Our On-going Projects (Order Book) may not be representative of our future results and our actual income may be significantly less than the estimates reflected in our Order Book, which could adversely affect our results of operations.
6. Our business is working capital intensive involving relatively long implementation periods. We require substantial financing for our business operations and the failure to obtain additional financing on terms commercially acceptable to us may adversely affect our ability to grow and our future profitability.
7. Our business requires the services of third party manufacturers and suppliers, which entail certain risks.
8. Increase in costs or a shortfall in availability of the materials we purchase could have a material adverse effect on our Company's sales, profitability and results of operations.
9. Our projects are typically awarded to us on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Our business and our financial condition may be adversely affected if new projects are not awarded to us.
10. We have not obtained the registration of our trademarks used in our businesses and our inability to obtain or maintain these registrations may adversely affect our competitive business position.
H.M. Electro Mech Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 10,52,800 | 10,52,800 | 7.9 |
| HNI | 184.35 | 5,28,000 | 9,73,36,000 | 730.02 |
| Market Maker | 1.00 | 1,85,600 | 1,85,600 | 1.39 |
| QIB | 17.96 | 7,02,400 | 1,26,17,600 | 94.63 |
| Retail | 97.73 | 12,30,400 | 12,02,46,400 | 901.85 |
| Total | 93.55 | 24,60,800 | 23,02,00,000 | 1 |
H.M. Electro Mech Limited IPO GMP
Last updated 21 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 21 Jan, 2025 | 75 | ₹15▼ | 18200 | ₹90 (20.00%) | - | 21 Jan, 2025 |
| 22 Jan, 2025 | 75 | ₹25 | 30400 | ₹100 (33.33%) | - | 22 Jan, 2025 |
| 23 Jan, 2025 | 75 | ₹25▲ | 30400 | ₹100 (33.33%) | - | 23 Jan, 2025 |
| 24 Jan, 2025 | 75 | ₹24 | 29200 | ₹99 (32.00%) | - | 24 Jan, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for H.M. Electro Mech Limited IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find H.M. Electro Mech Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.