Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,20,000 | 1 | 1600 |
About H.M. Electro Mech Limited
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 such as water treatment plants, pump houses, diesel generators, panel rooms, instrumentation, and PLC-SCADA.
H.M. Electro-Mech has collaborated with other companies for the civil work portion of these EPC projects. Additionally, the company sell products such as pumps, pipes, transformers, and motors.
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The company’s clients include State Governments, Central Governments, Municipal corporations, the banking sector and educational institutes.
The company operates nationwide, handling projects in Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Punjab, and Chandigarh.
As of September 30, 2024, the Company had 37 permanent employees and 107 on contracts.
Competitive Strength
- Provides end-to-end solutions for projects, starting from conceptualization to maintenance
- Robust relationships with leading manufacturers and OEMs, facilitating competitive pricing and expedited delivery
- Prompt decision-making process ensures swift project progression and responsiveness to client needs.
- Experienced Management Team
- The team swiftly mobilizes resources for emergencies.
H.M. Electro Mech Limited IPO Details
| IPO Date | January 24, 2025 to January 28, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 36,99,200 shares (aggregating up to ₹27.74 Cr) |
| Fresh Issue | 36,99,200 shares (aggregating up to ₹ 27.74 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,36,99,200 shares |
| IPO Open Date | Friday, January 24, 2025 |
| IPO Close Date | Tuesday, January 28, 2025 |
| Basis of Allotment | Wednesday, January 29, 2025 |
| Initiation of Refunds | Thursday, January 30, 2025 |
| Credit of Shares to Demat | Thursday, January 30, 2025 |
| Listing Date | Friday, January 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |
H.M. Electro Mech Limited IPO Prospectus
H.M. Electro Mech Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 85.99 | 72.15 | 64.08 | 44.34 |
| Revenue | 45.43 | 117.3 | 101.67 | 62.03 |
| Profit After Tax | 3.34 | 8.19 | 6.01 | 2.58 |
| Net Worth | 35.42 | 32.27 | 24.08 | 18.07 |
| Reserves and Surplus | 25.42 | 22.27 | 14.08 | 8.07 |
| Total Borrowing | 7.33 | 12.25 | 6.4 | 0.18 |
H.M. Electro Mech Limited Promoters Holding
Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel and Mita Dipak Pandya
H.M. Electro Mech Limited Contact Details
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/