H M ELECTRO MECH LIMITED

24 Jan 2025 - 28 Jan 2025 Individual Category SME BSE

Min Investment

₹120000

Price Band

₹71-₹75

Issue Size

26.46 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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24 Jan 2025

Open Date

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28 Jan 2025

Close Date

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29 Jan 2025

Allotment Date

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31 Jan 2025

Listing Date

H.M. Electro Mech IPO open date is from January 24, 2025 to January 28, 2025. This new IPO is a book-built issue of up to 36.99 lakh equity shares. This upcoming IPO is offering entirely a fresh issue, there is no offers for sale part included in this IPO. H.M. Electro Mech IPO price band is Rs 71 – Rs 75 per share. As of now, H.M. Electro Mech IPO live GMP is at 25, indicating mid-bullish sentiment among investors for this IPO.H.M. Electro Mech IPO lot size is 1600 shares, and the allotment status is finalised on Wednesday, January 29, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,20,000. The registrar for H.M. Electro Mech IPO is Cameo Corporate Services Limited.

Know Before Investing

Strengths icon

  • Enhance project execution capabilities.
  • Maintaining edge over competitors.
  • Expand geographical footprint.

Weaknesses icon

  • Any Penalty raised by statutory authorities in future will affect position of the Company.
  • A slowdown in economic growth in India may adversely affect.
  • Dependence upon third party transportation services for supply and transportation of products.

About H M Electro Mech Limited

H.M. Electro Mech Limited, established in 2003 in Ahmedabad, Gujarat, specialises in infrastructure projects, particularly focusing on pumping machinery for water and wastewater management. H.M Electro Mech originally founded as a partnership firm named M/s H.M. Engineers, the company transitioned to a public limited entity in 2018. With a robust portfolio, H.M. Electro Mech is involved in various sectors, including electrification projects for government bodies and industries, as well as civil and instrumentation works. The company boasts an experienced team with over 20 years of expertise in electromechanical projects. H.M. Electro Mech is also recognised for its commitment to quality, being ISO 9001:2015 certified and an approved electrical contractor in Gujarat.

Founded

2003

Managing Director

Dipak Pandya

Parent Organization

IPO Objectives

H.M. Electro Mech IPO objectives include utilising the funding received from the fresh issue in to meet working capital requirements and general corporate purposes.

Company Promoters

Dipak Padmakant Pandya

Mahendra Ramabhai Patel

Varsha Mahendra Patel

Mita Dipak Pandya

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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