✓
Open
24 Jan 2025
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Close
28 Jan 2025
3
Allotment
—
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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
31-01-2025₹6Est. ₹81+8%
30-01-2025₹6Est. ₹81+8%
29-01-2025₹15Est. ₹90+20%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 66.03x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 85.99 | 72.15 | 64.08 | 44.34 |
| Total Income | 45.43 | 117.30 | 101.67 | 62.03 |
| Profit After Tax | 3.34 | 8.19 | 6.01 | 2.58 |
| NET Worth | 35.42 | 32.27 | 24.08 | 18.07 |
| Reserves and Surplus | 25.42 | 22.27 | 14.08 | 8.07 |
| Total Borrowing | 7.33 | 12.25 | 6.40 | 0.18 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| B.R.Goyal Infrastructure Ltd. | SME | ₹85.21 Cr | ₹135 | 10.8 | ₹142.50 | +5.56% | ₹183.00 |
| NACDAC Infrastructure Ltd. | SME | ₹10.01 Cr | ₹35 | 47.78 | ₹69.82 | +99.49% | ₹23.87 |
| Ganesh Infraworld Ltd. | SME | ₹98.58 Cr | ₹83 | 16.47 | ₹165.55 | +99.46% | ₹92.25 |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹80.20 |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹640.00 |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹28.30 |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹69.05 |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹394.30 |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.10 |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹112.35 |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹17.35 |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹46.05 |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹60.20 |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.65 |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹132.70 |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 |
| Capital Infra Trust | Mainboard | ₹1,578.00 Cr | ₹99 | null | ₹99.02 | +0.02% | ₹76.02 |
| Afcons Infrastructure Ltd. | Mainboard | ₹5,430.00 Cr | ₹463 | 35.08 | ₹474.20 | +2.42% | ₹280.25 |
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.26 |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,753.50 |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹374.85 |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹461.05 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 21.00 |
| 2 | General Corporate Purposes | 4.02 |
| 3 | Public Issue Expenses | 2.72 |
| Total | 27.74 |
About H.M.Electro Mech IPO
Updated on Aug 5, 2026
Contact Details
H.M.Electro Mech Ltd. Address305, Ashram Avenue, B/HKochrab Ashram, PaldiAhmedabad, Gujarat, 380006+91 079 40092538cs@hmelectromech.comVisit Website