You can start subscribing to H M Electro Mech Limited IPO from 24 January 2025 and continue until 28 January 2025. This SME IPO will be raising ₹27.74 crore from an entire fresh issue of 36.99 lakh equity shares.
The H M Electro Mech IPO allotment date will be finalized on Wednesday, 29 January 2025. H M Electro Mech shares will probably be listed on BSE SME on Friday, 31 January 2025.
H M Electro Mech IPO’s price band has been set at ₹71 to ₹75 per share. The IPO lot size is 1600 per application which makes the minimum retail investment ₹120000. For the HNIs, the minimum investment is ₹240000 for buying 2 lots or 3200 shares.
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H M Electro Mech BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 24, 2025 |
| IPO Closing Date | January 28, 2025 |
| Tentative IPO Listing Date | January 31, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹71 to ₹75 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 3699200 (₹27.74 Cr) |
| Fresh Issue | 3699200 (₹27.74 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 10000000 shares |
| Share Holding Post-Issue | 13699200 shares |
H M Electro Mech Limited | Company Overview
H M Electro Mech Limited specializes in turnkey projects which include the supply, testing, and installation of different machinery and products required for electrification of Indian railways, government buildings, offices such as banks and corporation buildings and others. It also offers the commissioning of machinery for pumping and services to maintain the machinery and operate the machines. The infrastructure firm was started back in 2003 and in these 22 years, it has crafted a niche for itself.
It also offers EPC projects which include pipeline laying operations between countries, and water supply projects such as building pump houses, water treatment plants, diesel generators, instrumentation, and others.
It has collaborations with its peers as well and it also sells pumps, pipes, motors, and transformers on a retail and wholesale basis.
Apart from banks, government offices, schools, and other educational institutions, state government, and state governments all are clients of H M Electro Mech Ltd.
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H M Electro Mech Limited IPO | Key Details
- H M Electro Mech IPO Opening Date: January 24, 2025,
- H M Electro Mech IPO Closing Date: January 28, 2025.
- Allotment Date: January 29, 2025
- Price Band: ₹71 to ₹ 75 per share
- Lot Size: 1600 shares
- Refunds Initiated: January 30, 2025
- Shares Credited to Demat: January 30, 2025
- Listing Date: January 31, 2025
H M Electro Mech Ltd: Financial Overview
H M Electro Mech Limited saw a rise of around 36% in its profits from a 15.4% rise in revenue in FY24. However, the total borrowing of the firm increased significantly during the period.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 72.15 | 64.08 | 8.07 | 12.59363296 |
| Revenue | 117.3 | 101.67 | 15.63 | 15.37326645 |
| Profit After Tax | 8.19 | 6.01 | 2.18 | 36.27287854 |
| Net Worth | 32.27 | 24.08 | 8.19 | 34.01162791 |
| Reserve & Surplus | 22.27 | 14.08 | 8.19 | 58.16761364 |
| Total Borrowing | 12.25 | 6.4 | 5.85 | 91.40625 |
H M Electro Mech Ltd IPO | FAQs
H M Electro Mech Ltd offers installation, testing, construction and EPC services for the electrification of government buildings, corporations, railway stations, and other similar properties.
The tentative IPO listing date of H M Electro Mech has been fixed as Friday, January 31, 2025.
The bidding date for the H M Electro Mech IPO is January 24, 2025, and it will continue until January 28 2025.
The minimum IPO lot size for H M Electro Mech is 1600 shares and for HNIs, it is 2 lots or 3200 shares.
The IPO allotment is expected to be finalized on Wednesday, January 29, 2025.
The IPO face value is set at ₹10 per share.
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