IPO
IPO Synopsis 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. 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. 
Issue Money Payable On
Opens On Closes On Application Allotment
 24-Jan-25  28-Jan-25  75.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  1600   Further Multiples of :  1600
  Rs Cr Lead Managers to the Issue
Project Cost  25.02 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer  27.74  
Post Issue Equity Share Capital  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
 
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