HM Electro Mech Limited IPO

H M Electro Mech Ltd

₹1,13,600 /1600 sharesMinimum Investment

HM Electro Mech Limited IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹75.00₹81.00₹6.00 (8.00%)

HM Electro Mech Limited IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Jan ‘25 - 28 Jan ‘25₹1,13,6001,600₹71 - ₹75
Issue SizeIPO Doc
27.74Cr
RHP PDF

Subscription rate

As of 28 Jan'25, 05:00 PM
Qualified Institutional Buyers17.96x
Non-Institutional Investor183.45x
Retail Individual Investor89.20x
Total59.27x

About HM Electro Mech Limited

H M Electro Mech Limited is engaged in engineering and construction projects, with a focus on turnkey solutions for water supply and wastewater treatment. The company's services include the supply, installation, testing, and commissioning of pumping machinery and related equipment. The company undertakes various projects, such as constructing water treatment plants, pump houses, RCC sumps, cross-country pipelines, and civil works under government initiatives like the “Nal Se Jal” scheme. It is also involved in electrification projects, including railway electrification, smart metering, and power supply arrangements. H.M. Electro Mech is also an authorised dealer for WILO Mather and Platt Pumps Pvt. Ltd., offering pumps and related products. With its registered office in Gujarat, the company manages projects across India. Projects are secured primarily through competitive tender bidding processes.;
Founded in
2003
Managing director
Mr Dipak Padmakant Pandya
Parent organisation
H M Electro Mech Ltd

Strengths & Financials of HM Electro Mech Limited

Strengths
Risks
H.M. Electro Mech claims to have strong partnerships with leading manufacturers and original equipment manufacturers (OEMs), enabling it to procure materials and equipment at competitive prices and ensure timely delivery for projects.
As of September 30, 2024, the company claims to have 37 ongoing projects, valued at Rs 410.34 crore, which include engineering, procurement and construction (EPC) and operations and maintenance (O&M) components. The company has completed 16 projects since its incorporation in 2018.
The company is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems and ISO 45001:2018 certified for occupational health and safety management systems.
The company claims to maintain a high employee retention ratio. This continuity minimises disruptions and ensures consistent project execution.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 61.84 crore in FY22 to Rs 101.49 crore in FY23 to Rs 117.03 crore in FY24, while PAT increased from Rs 2.58 crore in FY22 to Rs 6.01 crore in FY23 to Rs 8.19 crore in FY24.

HM Electro Mech Limited Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of HM Electro Mech Limited IPO

Apply asPrice bandApply upto
Regular71 - 75₹2 Lakh
High Networth Individual71 - 75₹2 - 5 Lakh
For HM Electro Mech Limited IPO, eligible investors can apply as Regular.
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