Published on: January 24, 2025
HM Electro Mech IPO grey market premium (GMP) reached a new high of ₹25 on 24th Jan and was ₹20 on 23rd Jan.
This IPO is trending among investors. HM Electro Mech IPO will open for subscription from 24th Jan. It’s an SME IPO, where the company is looking to raise ₹27.74 crore. The price band is ₹71 to ₹75 and the market lot is 1600 shares.
Company Introduction and Scope of Work HM Electro Mech Limited was incorporated in 2003. The company mainly deals in turnkey projects of supply, installation, testing and commissioning of pumping machinery.
The company supplied pumping machinery to infrastructure projects related to water supply and wastewater in the initial days. Over time the company expanded its business to work with Indian Railways, nationalised banks and municipal corporations in electrification projects as well.
Now it is into EPC projects which includes cross country pipelines and civil works related to water supply. Products and Services The company also sells products like pumps, pipes, transformers, motors and other electronic accessories.
H.M. Electro Mech has established itself as a reliable and reputed company in short span of time due to its strong management and timely project delivery.
Key Clients The company’s clients are mainly state governments, central governments, municipal corporations, banking sector and educational institutions.
The company has 26 permanent employees and 28 contractual employees. There is a lot of buzz among investors about H.M. Electro Mech IPO. Keep an eye on GMP updates and subscription figures.
H.M. Electro Mech IPO GMP Live Rates day by day.
| Date | IPO GMP | Trenda |
| 24 January | ₹25 |  |
| 23 January | ₹25 | |
| 22 January | ₹– | |
| 21 January | ₹– |
H.M. Electro Mech IPO GMP (Grey Market Premium) FAQs:
What is H.M. Electro Mech IPO GMP Today?
H.M. Electro Mech IPO GMP is ₹25 as of today.
What is H.M. Electro Mech IPO Expected Returns?
H.M. Electro Mech IPO Expected Returns is 33%.
