H.M. Electro Mech IPO
smelistedAbout the company
H.M. Electro Mech Limited specializes in turnkey engineering projects, offering services in pumping machinery, water supply, electrification, and EPC projects. Initially focused on water schemes, the company has expanded into cross-country pipelines, water treatment plants, and electrification for Indian Railways. It collaborates with firms for civil works and has a nationwide presence. The company has also partnered with WILO for pumps and after-sales service, positioning itself for continued growth in infrastructure development.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed24 Jan 2025Bidding starts for all investor categories
IPO Closes
Completed28 Jan 2025Last day to place your bid
Basis of Allotment
Completed29 Jan 2025Share allotment finalised
Refund Initiation
Completed30 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed30 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed31 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1600 | ₹120,000 | 1 | ₹120,000 | 1 lot only |
| HNI | 2 | 3200 | ₹240,000 | 2 | ₹240,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,849,315 | 13.5 | 0 | 0.00x | 100% |
| NII | 15% | 554,795 | 4.05 | 0 | 0.00x | 100% |
| Retail | 35% | 1,294,521 | 9.45 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
