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  3. H.M. Electro Mech IPO
H.M. Electro Mech logo

H.M. Electro Mech

Listed
Listed

IPO Timeline

Issue open date

24 Jan 2025

Issue close date

28 Jan 2025

UPI mandate deadline

28 Jan 2025

Allotment finalization

29 Jan 2025

Refund initiation

30 Jan 2025

Share credit

30 Jan 2025

Listing date

31 Jan 2025

Mandate end date

12 Feb 2025

Lock-in end date for anchor investors (50%)

28 Feb 2025

Lock-in end date for anchor investors (remaining)

29 Apr 2025

Key Dates

Open
24 Jan 2025
Close
28 Jan 2025
Listing
31 Jan 2025

Quick Stats

Issue Size:28cr
Lot Size:1600 shares

About the Company

H. M. Electro Mech Limited, established in 2003 as a partnership firm and restructured as a public limited company in 2018, specialises in turnkey infrastructure projects, including water supply schemes, wastewater management, and electrification projects. The company has expanded into Engineering, Procurement, and Construction (EPC) ventures, delivering high-quality solutions like water treatment plants, pipeline installations, and railway electrification. Its diverse clientele includes government bodies, municipal corporations, and banks, focusing strongly on Gujarat and other states.

Strengths

  • Single-window solutions for the entire project lifecycle.
  • Competitive pricing and fast delivery through strong industry partnerships.
  • Swift decision-making for efficient project execution.
  • Experienced leadership with a proven track record in the industry.
  • A strong order book indicates consistent growth and successful project acquisition.

Risks

  • Reliance on revenue from specific regions.
  • Potential disruptions due to lease agreements.
  • Order book may not accurately predict future income.
  • Dependence on external financing for operations.
  • Risks associated with material costs and availability.

H.M. Electro Mech IPO – Frequently Asked Questions

  • The price band for the H.M. Electro Mech IPO is set at ₹71 to ₹75 per share.
  • The H.M. Electro Mech IPO opens on January 24, 2025 and closes on January 28, 2025.
  • The tentative listing date for the H.M. Electro Mech IPO is January 31, 2025.
  • You can apply for the H.M. Electro Mech IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose H.M. Electro Mech, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the H.M. Electro Mech IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).