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H.M. Electro Mech IPO is a Book Building IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Engineering - EPC sector. Beeline Capital Advisors is the merchant banker of H.M. Electro Mech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th June 2024.
H.M. Electro Mech IPO open date is 24th January 2025 and close date is 28th January 2025. IPO Allotment Date is 29th January 2025 and Listing date is 31st January 2025.
IPO
Size:
₹ 27.74 Cr.
Avg IPO Size (Sector Based)
: ₹
31.62 cr.
Sector: Engineering - EPC
SME
IPO so far:
20
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
90.86
cr. 
PE
Ratio:
15.39x
Average Sector PE Ratio: 13.10x
H.M. Electro Mech IPO size is ₹ 27.74 Cr. with IPO price of ₹ 75.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the H.M. Electro Mech IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Spread X Securities Private Limited for H.M. Electro Mech IPO.
H.M. Electro Mech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| India Max Investment | 507,200.00 | ₹ 75.00 | ₹ 38,040,000.00 |
| Aarth AIF | 142,400.00 | ₹ 75.00 | ₹ 10,680,000.00 |
| Moneywise Financial Services | 134,400.00 | ₹ 75.00 | ₹ 10,080,000.00 |
| Pine OAK Global | 134,400.00 | ₹ 75.00 | ₹ 10,080,000.00 |
| Saint Capital Fund | 134,400.00 | ₹ 75.00 | ₹ 10,080,000.00 |
H.M. Electro Mech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
H.M. Electro Mech IPO, based in Ahmedabad, operates in the Engineering - EPC sector with a focus on infrastructure firm specialising in turnkey projects, including supply, installation, testing, and commissioning of pumping machinery and providing comprehensive operation and maintenance services.. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. H.M. Electro Mech IPO size is ₹ 27.74 Cr. with fresh issue size of ₹ 27.74 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for H.M. Electro Mech IPO is expected to be 29th January 2025, after the finalization of basis of allotment. Investors can check H.M. Electro Mech IPO allotment status on the registrars website, Cameo Corporate Services Limited. H.M. Electro Mech IPO refund dates are 30th January 2025.
H.M. Electro Mech IPO is expected to be listed on 31st January 2025.
The upper price band for the H.M. Electro Mech IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on H.M. Electro Mech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the H.M. Electro Mech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th January 2025. After submission, funds are blocked until the basis of allotment of H.M. Electro Mech IPO is finalised.
The merchant banker for H.M. Electro Mech IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the H.M. Electro Mech IPO RHP for further details.
The registrar for H.M. Electro Mech IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to H.M. Electro Mech IPO through their official website or helpline.
H.M. Electro Mech IPO was subscribed 91.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 27.74 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.62 Cr.
Sector: Engineering - EPC
SME
IPO so far:
20
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 90.80 cr.
PE
Ratio:
15.39x
Average Sector PE Ratio: 13.10x
H.M. Electro Mech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on H.M. Electro Mech Financial Review Page
Merchant Banker(s) of H.M. Electro Mech IPO: Beeline Capital Advisors Private Limited
H.M. Electro Mech IPO subscription was 91.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
H.M. Electro Mech IPO listed at a listing price of 81.00 against the offer price of 75.00.
The current market price of H.M. Electro Mech is 75.87.
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