H.M.Electro Mech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,755,200 (47%) | — | ₹1,316 Cr |
| NII (HNI) | — | 528,000 (14%) | — | ₹396 Cr |
| Retail | — | 1,230,400 (33%) | — | ₹923 Cr |
| Market Maker | — | 185,600 (5%) | — | ₹14 Cr |
| Σ Total | — | 3,699,200 (100%) | — | ₹27,744 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in ₹ Crores
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 45 | 117 | 102 |
| Profit After Tax | 3 | 8 | 6 |
| Net Worth | 35 | 32 | 24 |
| Total Assets | 86 | 72 | 64 |
| Reserves & Surplus | 25 | 22 | 14 |
| Total Borrowing | 7 | 12 | 6 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements –
- General Corporate Purposes –
Company Overview
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.
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.