Price Band
₹71 - ₹75
Lot Size
1600
Issue Size
₹27.74 Cr
GMP
N/A
Subscription
91.75x
Analyzing...
IPO Schedule
1
Open
24 Jan 2025
2
Close
28 Jan 2025
3
Allotment
-
4
Listing
31 Jan 2025
About H.M.Electro Mech
H.M. Electro Mech specializes in providing comprehensive solutions for electrical and instrumentation projects, offering services ranging from design and engineering to installation and commissioning. They cater to diverse industries, focusing on delivering quality and efficient project execution.
Key Strengths
- Strong Return on Equity (ROE) of 29.06% indicates efficient utilization of shareholder funds.
- Attractive Price to Earnings (P/E) ratio of 9.16 suggests the IPO is reasonably priced compared to earnings.
- Established presence in the electrical and instrumentation sector with a track record of project execution.
- Comprehensive service offerings provide a competitive advantage and potential for repeat business.
- Catering to diverse industries reduces dependence on a single sector, mitigating risk.
Risk Factors
- •SME segment IPOs can be more volatile and carry higher risk compared to mainboard IPOs.
- •Dependence on successful project execution and timely completion which can be affected by unforeseen circumstances.
- •Competition from larger and more established players in the electrical and instrumentation industry.
Valuation Analysis
The IPO appears reasonably valued based on the P/E ratio relative to the ROE, however, investors should carefully consider the risks associated with SME IPOs and the company's specific business model before investing.
IPO Details
ExchangeBSE
SegmentSME
ISININE0DZD01015
Face Value₹10
Lot Size1600
Issue Size₹27.74 Cr
Key Metrics
ROE29.06%
ROCE33.28%
P/E Ratio9.16
Industry P/E20
EPS8.19
PAT Margin6.99%
Debt/Equity0.38
Growth & Quality
ProfitableYes ✓
Subscription
Total7.87x
Documents
RHP not available
Key Dates
Open Date24 Jan 2025
Close Date28 Jan 2025
Listing31 Jan 2025