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H.M. Electro Mech Ltd

Registered Office: 305 Ashram Avenus B/H Kochrab,Ashram Paldi, Ahmedabad - 380006, Gujarat, India.
Phone : +91 079 4009 2538   Fax:
Email :  cs@hmelectromech.com  
Website :  www.hmelectromech.com

Initial public issue of up to 36,99,200 equity shares of face value of Rs. 10/- each of H.M. Electro Mech Limited ("HMEML" or the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which 1,85,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 35,13,600 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27 % and 25.65 %, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 71 to Rs. 75 per equity share of face value of Rs. 10 each. The Floor price and Cap price are 7.1 times and 7.50 times the face value of the equity shares respectively. Bids can be made for a minimum of 1600 equity shares and in multiple of 1600 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
24-Jan-25 28-Jan-25 71.00-75.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 26.26  
Post Issue Equity Share Capital 13.70  
Issue Price 71.00  

Project

  • To meet working capital requirements
  • General corporate purposes

Promoted By

Dipak Padmakant Pandya

Mahendra Ramabhai Patel

Varsha Mahendra Patel

Listing At

BSE - SME

Registrar to the Issue

No Data Available