Home
>
IPO
>
hm electro mech ltd

H.M. Electro Mech Ltd

Issue
Opens On	Closes On
24-Jan-25	28-Jan-25

Money Payable On
Application	Allotment
75.00	0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

Lead Managers to the Issue
Project Cost (₹.Cr)	25.02	Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	27.74
Post Issue Equity Share Capital (₹.Cr)	13.70
Issue Price (₹)	75.00

Projects

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

Cameo Corporate Services 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. 75/- per equity share including a share premium of Rs. 65/- per equity share (the "Issue Price") aggregating to Rs. 27.74 crores ("The Issue"), of which 1,85,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65- per equity share aggregating to Rs. 1.39 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. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 26.35 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. The face value of the equity shares is Rs. 10 each. The floor price is 7.5 times of the face value.

Invest with clarity

on Chola Securities Mobile & Web App.

Stay organised, informed & in control while accessing your portfolio, reports, trading tools and service requests—all in one seamless platform.

Download the app now → The new app is listed as Chola Securities- Prime Access on App store & Google Play.
Also available on Web, Click to explore