H.M. Electro Mech Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 24-01-2025 | 28-01-2025 | Not less than 35.00% of the Net Issue | 0 | 1,600 Shares | BSE SME | 36,99,200 shares (aggregating up to ₹27.74 Cr) | 2025-01-29 00:00:00 | 2025-01-30 00:00:00 | 2025-01-30 00:00:00 | 31-01-2025 |
About The Company
H.M. Electro Mech IPO is a book built issue of Rs 27.74 crores. The issue is entirely a fresh issue of 36.99 lakh shares.
H.M. Electro Mech IPO opens for subscription on January 24, 2025 and closes on January 28, 2025. The allotment for the H.M. Electro Mech IPO is expected to be finalized on Wednesday, January 29, 2025. H.M. Electro Mech IPO will list on BSE SME with tentative listing date fixed as Friday, January 31, 2025.
H.M. Electro Mech IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,20,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,40,000.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the H.M. Electro Mech IPO, while Cameo Corporate Services Limited is the registrar for the issue.The market maker for H.M. Electro Mech IPO is Spread X Securities Private Limited.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 44 | 62 | 3 | 18.07 | 8.07 | 0.18 |
| 31-03-2023 | 64 | 102 | 6 | 24.08 | 14.08 | 6.4 |
| 31-03-2024 | 72 | 117 | 8 | 32.27 | 22.27 | 12.25 |
| 30-09-2024 | 86 | 45 | 3 | 35.42 | 25.42 | 7.33 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.95 |
| Non-Institutional Buyers | 13.24 |
| Retail | 35.96 |
| Total | 21.089 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 120000 |
| Retail (Max) | 1 | 1600 | 120000 |
| HNI (Min) | 2 | 3200 | 240000 |
IPO Listing Details
| Listing Date | 31-01-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The promoters of the company are Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel and Mita Dipak Pandya.
Contact Information of the Company
H.M. Electro Mech Limited
305, Ashram Avenue, B/H
Kochrab Ashram, Paldi
Ahmedabad- 380006
Phone: +91 079 40092538
Email: cs@hmelectromech.com
Website: https://www.hmelectromech.com/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)