31 Mar 2022
Assets44.34
Total Income62.03
Profit After Tax2.58
NET Worth18.07
Reserves and Surplus8.07
Total Borrowing0.18
At a glance
Updated 2026-09-12The shares listed at ₹81.00, a 8.00% move from the issue price. H.M. Electro Mech is a SME IPO with an issue size of ₹27.74 crore, proposed for listing on BSE SME. The offer opens on 24th Jan 2025 and closes on 28th Jan 2025. The issue structure includes a fresh issue of ₹26.35 crore. The current listing schedule points to 31st Jan 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹27.74 Cr
Fresh issue₹26.35 Cr
Face value₹10
Price band₹71.00–₹75.00
Allotment29th Jan 2025
Listing31st Jan 2025
Listing performance
Full performance ↗Issue price₹75.00
Listing price₹81.00
Current price—
Listing gain8.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹6.00
GMP / upper price8.00%
Est. listing₹81.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Jan 2025
Closes28th Jan 2025
Allotment29th Jan 2025
Refund30th Jan 2025
Demat30th Jan 2025
Listing31st Jan 2025
Subscription demand
Full bidding ↗Total91.75×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹120,000 |
Company
Incorporated2003
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirements | ₹21.00 Cr |
| General Corporate Purposes | ₹4.02 Cr |
| Public Issue Expenses | ₹2.72 Cr |
| Total | ₹27.74 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue45.43₹ Cr · -61.3% vs prior year
PAT3.34₹ Cr · -59.2% vs prior year
Assets85.99₹ Cr · +19.2% vs prior year
Net Worth35.42₹ Cr · +9.8% vs prior year
Borrowing7.33₹ Cr · -40.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets64.08
Total Income101.67
Profit After Tax6.01
NET Worth24.08
Reserves and Surplus14.08
Total Borrowing6.40
31 Mar 2024
Assets72.15
Total Income117.30
Profit After Tax8.19
NET Worth32.27
Reserves and Surplus22.27
Total Borrowing12.25
30 Sep 2024
Assets85.99
Total Income45.43
Profit After Tax3.34
NET Worth35.42
Reserves and Surplus25.42
Total Borrowing7.33
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 29.06% |
| ROCE | 33.28% |
| Debt / Equity | 0.38% |
| RoNW | 25.37% |
| PAT Margin | 6.99% |
| Price to Book Value | 2.32 |
Valuation & shareholding
Pre-IPO EPS8.19
Post-IPO EPS4.87
Pre-IPO P/E9.16
Post-IPO P/E15.39
Promoter holding pre97.47%
Promoter holding post71.15%
Market cap₹102.74 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| H.M. Electro Mech IPO | — | 15.39 x | — | — |
| Leapfrog Engineering IPO | — | 17.24 x | — | — |
| Safety Controls IPO | — | 15.51 x | — | — |
| Greenleaf Envirotech IPO | — | 17.17 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To Meet Working Capital Requirements | ₹21.00 Cr |
| General Corporate Purposes | ₹4.02 Cr |
| Public Issue Expenses | ₹2.72 Cr |
| Total | ₹27.74 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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