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H.M.Electro Mech IPO IPO

SME24 Jan 202528 Jan 2025
Open
24 Jan 2025
Close
28 Jan 2025
3
Allotment
Listing
Fri, Jan 31, 2025
Price Band
₹71 to ₹75
Issue Size
36,99,200 shares (agg. up to ₹28 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Jan 31, 2025
Latest GMP
₹6
Est. Gain
8%
✦ AI Insight

GMP Trend

31-01-20256Est. ₹81+8%
30-01-20256Est. ₹81+8%
29-01-202515Est. ₹90+20%

Live Subscription

CategorySubscription (times)
Total66.03x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets85.9972.1564.0844.34
Total Income45.43117.30101.6762.03
Profit After Tax3.348.196.012.58
NET Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.400.18
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
B.R.Goyal Infrastructure Ltd.SME₹85.21 Cr₹13510.8₹142.50+5.56%₹129.15 (+0.82%)
NACDAC Infrastructure Ltd.SME₹10.01 Cr₹3547.78₹69.82+99.49%₹23.72 (-6.91%)
Ganesh Infraworld Ltd.SME₹98.58 Cr₹8316.47₹165.55+99.46%₹93.00 (+2.20%)
Lakshya Powertech Ltd.SME₹49.80 Cr₹1808.39₹359.10+99.50%₹101.75 (-3.10%)
HVAX Technologies Ltd.SME₹33.53 Cr₹4589.97₹490.35+7.06%₹695.00 (-1.97%)
Popular Foundations Ltd.SME₹19.87 Cr₹3715.97₹37.07+0.19%₹31.00 (-3.73%)
Aesthetik Engineers Ltd.SME₹26.47 Cr₹5814.59₹115.70+99.48%₹75.00 (+0.00%)
Sathlokhar Synergys E&C Global Ltd.SME₹92.93 Cr₹1409.35₹247.00+76.43%₹312.00 (+0.00%)
V.L.Infraprojects Ltd.SME₹18.52 Cr₹427.73₹83.75+99.40%₹27.50 (+4.17%)
Winsol Engineers Ltd.SME₹23.36 Cr₹7512.19₹383.25+411.00%₹117.45 (-3.61%)
Teerth Gopicon Ltd.SME₹44.40 Cr₹11149.55₹131.25+18.24%₹23.95 (-3.62%)
K2 Infragen Ltd.SME₹40.54 Cr₹1199.68₹173.25+45.59%₹54.35 (-3.98%)
AVP Infracon Ltd.SME₹52.34 Cr₹7511.2₹75.05+0.07%₹57.70 (-0.43%)
Pratham EPC Projects Ltd.SME₹36.00 Cr₹7512.72₹118.95+58.60%₹115.20 (-3.19%)
Atmastco Ltd.SME₹56.25 Cr₹7711.6₹95.55+24.09%₹158.35 (-2.88%)
Rudra Gas Enterprise Ltd.SME₹14.16 Cr₹6310.9₹125.68+99.49%₹73.00 (-1.08%)
Capital Infra TrustMainboard₹1,578.00 Cr₹99null₹99.02+0.02%₹73.78 (+0.55%)
Afcons Infrastructure Ltd.Mainboard₹5,430.00 Cr₹46335.08₹474.20+2.42%₹299.75 (+4.97%)
Deepak Builders & Engineers India Ltd.Mainboard₹260.04 Cr₹20312.06₹161.95-20.22%₹7.69 (-3.84%)
Interarch Building Products Ltd.Mainboard₹600.29 Cr₹90015.04₹1,196.45+32.94%₹1,842.20 (+0.13%)
Ceigall India Ltd.Mainboard₹1,252.66 Cr₹40120.67₹386.75-3.55%₹341.40 (-2.79%)
SRM Contractors Ltd.Mainboard₹130.20 Cr₹21018.76₹226.00+7.62%₹493.20 (-0.76%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To Meet Working Capital Requirements21.00
2General Corporate Purposes4.02
3Public Issue Expenses2.72
Total27.74

About H.M.Electro Mech IPO

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 solution

Contact Details

H.M.Electro Mech Ltd. Address305, Ashram Avenue, B/HKochrab Ashram, PaldiAhmedabad, Gujarat, 380006+91 079 40092538cs@hmelectromech.comVisit Website