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H.M. Electro Mech Limited IPO

H.M. Electro Mech Limited IPO

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Listed Price: ₹ 81.00 (+8.00%)

H.M. Electro Mech Limited's achieved publicly listed status following its IPO debut on 31-01-2025 at the BSE platform. The offering successfully mobilized 36,99,200 Shares, with 36,99,200 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹71 to ₹75, starting from minimum lots of 1600 shares. The subscription window from 24-01-2025 through 28-01-2025 enabled investor participation across market segments.

Share allocation was completed on 29-01-2025, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

H.M. Electro IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
H.M. Electro IPO Key Performance Indicator
Company Financials ( In Crores )

H.M. Electro IPO About Company

H.M. Electro Mech Limited, founded in 2003, is a nationwide infrastructure company that handles complete projects, from supplying and installing pumping equipment to testing and maintaining them. The company mainly works on electrification projects for Indian Railways, banks, and local governments, and has expanded into EPC (Engineering, Procurement, and Construction) projects. These include laying pipelines and building facilities for water supply, such as water treatment plants, pump houses, and power systems. H.M. Electro Mech also partners with other companies for the civil parts of these projects and sells products like pumps, pipes, transformers, and motors. With a strong client base that includes government bodies, banks, and educational institutions, the company operates in several states like Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Punjab, and Chandigarh. As of May 31, 2024, the company employed 26 permanent staff and 28 contract workers.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

H.M. Electro IPO Strength Factors

  1. Complete Project Support: and we handle everything from planning to maintenance, ensuring smooth and hassle-free project execution.
  2. Strong Partnerships with Manufacturers: and our close ties with leading manufacturers help us offer competitive pricing and fast delivery.
  3. Quick and Flexible Decisions: and our streamlined processes enable faster responses and seamless adjustments based on project needs.

H.M. Electro IPO Risk Factors

  1. Legal Issues: and ongoing cases involving the company, its promoters, and directors could affect operations and finances if outcomes are unfavorable.
  2. Uncertainty in Project Earnings: and revenue from ongoing projects may fall short of expectations, impacting income and overall business performance.
  3. High Need for Working Capital: and the long timelines of projects require substantial funding; if adequate financial support isn’t secured on favorable terms, growth and profitability may be affected.

H.M. Electro IPO Lead Manager(s)

  • Beeline Capital Advisors Private Limited

H.M. Electro IPO Promoter(s)

  1. Dipak Padmakant Pandya
  2. Mahendra Ramabhai Patel
  3. Varsha Mahendra Patel
  4. Mita Dipak Pandya

H.M. Electro IPO Company Details

H.M. Electro Mech Limited
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H.M. Electro IPO Registrar

Cameo Corporate Services Limited
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H.M. Electro IPO FAQs