H.M. Electro Mech Limited

Company Name	H.M. Electro Mech Limited
Open Date	24-01-2025
Close Date	28-01-2025
Exchange	BSE SME
Lot Size	1,600 Shares
Issue Price	₹71 to ₹75 per share
Issue Size	36,99,200 shares
Application Amount	₹1,20,000
Recommendation	Avoid

H.M. Electro Mech Limited was originally established in Year of 2003 as a partnership firm named as ‘M/s H.M. Engineers”. The registered office is located at Ahmedabad, Gujarat, India. The company is Engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance. The company derives majority of its Revenue from Work Contract Services. The company has 137 employees (including Contractual Employees) as on September 30, 2024.

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Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Sep-24
Revenue	6,184.32	10,148.70	11,703.45	4,539.59
EBITDA	349.45	890.76	1,255.87	545.81
Net Profit	258.00	601.14	818.59	333.88
RoCE	18.51%	30.95%	35.22%	15.57%*
ROE	14.28%	24.96%	25.37%	10.04%*
P/E	29.07	12.48	9.16	15.39*

Tentative Timeline

Opening Date	24-01-2025
Closing Date	28-01-2025
Basis of Allotment	29-01-2025
Initiation of Refunds	30-01-2025
Credit of Shares to Demat	30-01-2025
Listing Date	31-01-2025

Objects of the Issue

Meet Working Capital Requirements.

General Corporate Purposes.

Contact Information

Registered Office	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/

Offer Documents

H.M. Electro Mech IPO DRHP

H.M. Electro Mech IPO RHP

Registrar Details

Name	Cameo Corporate Services Limited
Phone	+91-44-28460390
Email	priya@cameoindia.com
Website	https://ipo.cameoindia.com/

IPO Reservation

QIB Shares Offered	Not more than 50% of the Net Issue
Retail Shares Offered	Not less than 35.00% of the Net Issue
Other Shares Offered	Not Less than 15% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters)	97.47%
Shareholding Post Issue (Promoters)	71.15%