H.M. Electro Mech IPO: Check the latest GMP for H.M. Electro Mech IPO hereH.M. Electro Mech IPO: Check the latest GMP for H.M. Electro Mech IPO here

H.M. Electro Mech Limited IPO has ₹25 Grey Market Premium as of January 23, 2025, with a price range of ₹71 to ₹75 per share. Offering lots of 1600 shares, the subscription window is open from January 24 to January 28, 2025. 

H.M. Electro Mech Limited IPO GMP Today

The Grey Market Premium (GMP) for H.M. Electro Mech Limited is ₹25 as of January 23, 2025. This assessment coincides with a price of ₹71 to ₹75 per share for the IPO.

H.M. Electro Mech Limited IPO Review 

As of December 2023, H.M. Electro Mech Limited reported assets worth ₹63.93 crore and revenue of ₹75.35 crore. The company’s profit after tax stood at ₹5.28 crore, demonstrating consistent growth. Its net worth was valued at ₹29.36 crore.

The company recorded ₹19.36 crore in reserves and surplus, reflecting a strong financial base, while borrowings amounted to ₹14.48 crore. These figures showcase H.M. Electro Mech Limited’s operational efficiency and its ability to manage resources effectively in the infrastructure sector.

To get a full IPO review, click here H.M. Electro Mech IPO

H.M. Electro Mech Limited IPO Date

H.M. Electro Mech Limited will start accepting subscriptions from January 24, 2025 to January 28 2025.

H.M. Electro Mech Limited IPO Price

H.M. Electro Mech Limited’s price range is at ₹71 to ₹75 per share with a face value of ₹10 each.

H.M. Electro Mech Limited

H.M. Electro Mech Limited, founded in 2003,  specializes in turnkey infrastructure projects, including the supply, installation, testing, and commissioning of pumping machinery, electrification projects, and EPC services like pipelines and water treatment plants. Its clients span government bodies, municipal corporations, banks, and educational institutions nationwide, with 54 employees as of May 2024.

How To Apply For H.M. Electro Mech Limited IPO?

To apply for the H.M. Electro Mech Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for H.M. Electro Mech Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the H.M. Electro Mech Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.