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Objective of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements.
- General Corporate Purposes.
IPO Details, Price, Market Lot
| H M Electro Mech SME IPO Details | |
| IPO Open Date | 24 January 2025 |
| IPO Close Date | 28 January 2025 |
| IPO Issue Size | 36,99,200 shares (Aggregating up to ₹27.74 Cr) |
| Fresh Issue | 36,99,200 Shares (Aggregating up to ₹27.74 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | BSE SME |
| H M Electro Mech SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹71 to ₹75 Per Share |
| Employee Discount | NIL |
| IPO Issue Type | Book Built Issue |
| H M Electro Mech SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1,600 Shares |
| Minimum Lot Size | 1 Lot (1,600 Shares) |
| Minimum Amount (Cut-off price) | ₹1,20,000 |
| Maximum Lot Size | 1 Lot (1,600 Shares) |
| Maximum Amount (Cut-off price) | ₹1,20,000 |
| H M Electro Mech SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1,600 Shares |
| Minimum Lot Size | 2 Lots (3,200 Shares) |
| Minimum Amount (Cut-off price) | ₹2,40,000 |
IPO Date, Listing Date, Allotment Date
| H M Electro Mech SME IPO Time Table (Tentative) | |
| IPO Open Date | 24 January 2025 |
| IPO Close Date | 28 January 2025 |
| Basis of Allotment Date | 29 January 2025 |
| Initiation of Refunds | 30 January 2025 |
| Credit of Share to Demat Account | 30 January 2025 |
| IPO Listing Date | 31 January 2025 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 September 2024 | 8,599.48 | 4,542.85 | 333.89 | 3541.90 | 733.44 |
| 31 March 2024 | 7,214.71 | 11,729.98 | 818.61 | 3226.64 | 1225.41 |
| 31 March 2023 | 6,408.02 | 10,166.54 | 601.15 | 2408.03 | 639.59 |
| 31 March 2022 | 4,434.25 | 6,202.77 | 258.00 | 1806.88 | 18.18 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 8,599.48 | 7,214.71 | 6,408.02 | 4,434.25 |
| Revenue | 4,542.85 | 11,729.98 | 10,166.54 | 6,202.77 |
| P A T | 333.89 | 818.61 | 601.15 | 258.00 |
| Net Worth | 3541.90 | 3226.64 | 2408.03 | 1806.88 |
| Borrowings | 733.44 | 1225.41 | 639.59 | 18.18 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
Dipak Padmakant Pandya, Mahendra Ramabhai Patel, Varsha Mahendra Patel and Mita Dipak Pandya are the promters of company.
| Pre Issue Promotor Holding | 97.47% |
| Post Issue Promotor Holding | 71.15% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| H M Electro Mech SME IPO Prospectus |
| H M Electro Mech SME IPO Registrar |
| Cameo Corporate Services Limited |
| H M Electro Mech SME IPO Lead Manager |
| Beeline Capital Advisors Pvt Ltd |