anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
H.M. Electro Mech Ltd
Registered Office: 305 Ashram Avenus B/H Kochrab, Ashram Paldi, Ahmedabad - 380006, Gujarat
Phone: 1
Email: 1
Website: 1
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-2025 28-Jan-2025 75.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 25.02
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
BSE - SME
Registrar to the Issue
Attention Investor
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