H.M. Electro Mech Limited IPO GMP

H.M. ELECTRO MECH LIMITED, Ahmedabad Is An Infrastructure Company In The Field Of All Type Of Project Work Of Pumping Machineries For Water And Waste Water, Electrification Project Of Central And State Government, Corporations, Diesel Generating Sets Projects With Government, Nationalised Bank And Industries, Instrumentation Work, Civil Work Etc.

H.M. Electro Mech, an Book Built Issue amounting to ₹ 27.74 Crores, consisting entirely an fresh issue of 36.99 Lakh Shares. The subscription period for the H.M. Electro Mech IPO opens on January 24, 2025, and closes on January 28, 2025. The allotment is expected to be finalized on or about Wednesday, January 29, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Friday, January 31, 2025.

The Share price band of H.M. Electro Mech IPO is set at ₹ 71 to ₹ 75 per equity share. The Market Capitalisation of the H.M. Electro Mech Limited at IPO price of ₹ 75 per equity share will be ₹ 102.74 Crores. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹ 1,20,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹ 2,40,000.

Beeline Capital Advisors Private Limited is the book running lead manager of the H.M. Electro Mech IPO, while Cameo Corporate Services Limited is the registrar for the issue. Spread X Securities Private Limited is the Market Maker for H.M. Electro Mech IPO.

H.M. Electro Mech Limited IPO GMP Today
The Grey Market Premium of H.M. Electro Mech Limited IPO is expected to be ₹ 16 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

H.M. Electro Mech Limited Day Wise IPO GMP Trend

H.M. Electro Mech Limited IPO Live Subscription Status Today: Real-Time Updat
As of 07:00 PM on 28 January, 2025, the H.M. Electro Mech IPO live subscription status shows that the IPO subscribed 86.08 times on its Final day of subscription period. Check the H.M. Electro Mech IPO Live Subscription Status Today at BSE.

H.M. Electro Mech IPO Anchor Investors Report
H.M. Electro Mech has raised ₹ 7.89 Crores from Anchor Investors at a price of ₹ 75 per shares in consultation of the Book Running Lead Managers. The company allocated 10,52,800 equity shares to the Anchor Investors. Check Full List of H.M. Electro Mech Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

H.M. Electro Mech Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
H.M. Electro Mech IPO allotment date is 29 January, 2025, Wednesday. H.M. Electro Mech IPO Allotment will be out on 29 January, 2025 and will be live on Registrar Website from the allotment date. Check H.M. Electro Mech IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select H.M. Electro Mech Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of H.M. Electro Mech Limited IPO
H.M. Electro Mech proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,100.00 Lakhs is required to Meet Working Capital Requirements
2. General Corporate Purposes

Refer to H.M. Electro Mech Limited RHP for more details about the Company.