H.M. Electro Mech SME IPO Details, Financials, Valuation & Peers
Explore H.M. Electro Mech IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
H.M. Electro Mech Limited is engaged in engineering and construction projects for water supply, wastewater treatment, and infrastructure electrification. H.M. Electro Mech Limited has carved a niche in the design, supply, installation, testing, and commissioning of pumping machinery, along with comprehensive operation and maintenance services. The company is ISO 9001:2015 certified and holds the prestigious Class ‘AA’ contractor category, enabling it to bid for large-scale EPC contracts. The company has successfully diversified into electrification projects for Indian Railways, nationalized banks, and municipal corporations, alongside expanding into EPC (Engineering, Procurement, and Construction) projects, including water treatment plants, pump houses, and pipeline construction. H.M. Electro Mech Limited also serves as an authorized dealer for M/s WILO Mather and Platt Pumps Pvt. Ltd, offering an array of pump products and after-sales services.
Key Points:
- Business Overview
- Engaged in turnkey projects for water supply, wastewater treatment, and pumping machinery installations.
- Diversified into electrification projects and EPC services, including water treatment plants, pump houses, and pipelines.
- Authorized dealer for M/s WILO Mather and Platt Pumps Pvt. Ltd for various pump products and related services.
- Geographical Presence
- Operations in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Punjab, and Chandigarh.
- 84% of revenue for FY 2023-24 generated from Gujarat.
- Key Projects
- Construction of water treatment plants under the “Nal se Jal” scheme.
- Laying pipelines and constructing pump houses for water supply schemes.
- Electrification projects for Indian Railways and nationalized banks.
- Quick watering systems for railway platforms and smart metering for railway colonies.
- Clientele: Key clients include state and central governments, municipal corporations, educational institutions, and the banking sector.
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jan - 28 Jan 2025 |
| IPO Price Band | ₹71 - ₹75 per share |
| Fresh Issue | 36,99,200 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹27.74 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jan 2025 |
| IPO Closing Date | 28 Jan 2025 |
| Basis Of Allotment | 29 Jan 2025 |
| Refunds | 30 Jan 2025 |
| Demat Transfer | 30 Jan 2025 |
| IPO Listing Date | 31 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 62.03 | 101.67 | 117.30 | 45.43 |
| Total Expenses | 58.49 | 93.59 | 106.33 | 40.90 |
| Net Profit/Loss | 2.58 | 6.01 | 8.19 | 3.34 |
| NPM (*) | 4.17 | 5.92 | 6.99 | 7.36 |
| Total Assets | 44.34 | 64.08 | 72.15 | 85.99 |
| Total Liabilities | 26.27 | 40.00 | 39.88 | 50.58 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 2.58 | 6.01 | 8.19 | 3.34 |
| ROE (%) | 15.38 | 28.52 | 29.06 | 9.87 |
| ROCE (%) | 19.35 | 36.17 | 33.28 | 12.41 |
| D/E Ratio | 0.01 | 0.27 | 0.38 | 0.21 |
| Current Ratio | 1.35 | 1.49 | 1.51 | 1.48 |
| EBITDA MARGIN (%) | 5.65 | 8.78 | 10.73 | 12.02 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| H.M. Electro Mech Limited | 117.03 | 9.16 | 8.19 | 25.37 | 32.27 |
| HEC Infra Projects Limited | 73.79 | 14.63 | 4.65 | 13.53 | 34.39 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 16.01 |
| Non-Institutional Investor (NII/HNI) | 183.65 |
| Retail Individual Investor (RII) | 95.55 |
| Total | 91.75 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Company Promoters
- DIPAK PADMAKANT PANDYA
- MAHENDRA RAMABHAI PATEL
- VARSHA MAHENDRA PATEL
- MITA DIPAK PANDYA
- HARSHAL MAHENDRA PATEL
Lead Managers
- Beeline Capital Advisors Private Limited
Company Address
H.M. Electro Mech Limited
305, Ashram Avenue, B/H. Kochrab Ashram, Paldi, Ahmedabad, Gujarat, 380006, India
Phone: +91 079 40092538
Email: cs@hmelectromech.com
Website: www.hmelectromech.com
FAQs
- What is the issue size of the H.M. Electro Mech SME IPO?The H.M. Electro Mech SME IPO has an issue size of ₹27.74 crore. This includes a fresh issue of 36,99,200 shares and an offer for sale (OFS) of NIL.
- What is the price band of the H.M. Electro Mech IPO?The price band for the H.M. Electro Mech IPO is ₹71 - ₹75 per share.
- What are the bidding dates for the H.M. Electro Mech IPO?The H.M. Electro Mech IPO will open for bidding on 24 Jan 2025 and close on 28 Jan 2025.
- What is the allotment date for the H.M. Electro Mech IPO?The allotment date for the H.M. Electro Mech IPO is 29 Jan 2025.
- What is the minimum lot size and investment required for the H.M. Electro Mech IPO?The minimum lot size for the H.M. Electro Mech IPO is 1600 shares and the minimum investment required is ₹1,20,000.
- What is the listing date for the H.M. Electro Mech IPO?The listing date for the H.M. Electro Mech IPO is 31 Jan 2025.
- What is the H.M. Electro Mech IPO grey market premium?The grey market premium (GMP) for the H.M. Electro Mech IPO is currently at ₹15, with an expected listing gain of approximately 20%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.