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
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| 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. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which 1,85,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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.
Price Band: Rs. 71 to Rs. 75 per equity share of face value of Rs. 10 each.
The Floor price and Cap price are 7.1 times and 7.50 times the face value of the equity shares respectively.
Bids can be made for a minimum of 1600 equity shares and in multiple of 1600 equity shares thereafter.
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|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 24-Jan-25 |
28-Jan-25 |
71.00-75.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
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|
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Beeline Capital Advisors Pvt Ltd
|
| Project Financed through Current Offer |
26.26 |
|
| Post Issue Equity Share Capital |
13.70 |
|
| Issue Price |
71.00 |
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