H.M. Electro Mech SME IPO Subscription Status
H.M. Electro Mech SME IPO closed on 28 January 2025 with an overall subscription of 91.75x based on shares applied. QIB demand came in at 16.01x, NII at 183.40x, and retail at 93.18x.
Allotment will be finalised on 29 January 2025. The stock is scheduled to list on NSE and BSE on 31 January 2025.
Issue Price
Rs 75.00
GMP Today
Rs 6.00 (+8.00%)
Overall Subscription
91.75x
Issue Size
₹27.74 Cr
Allotment Date
29 Jan 2025
Listing Date
31 Jan 2025
H.M. Electro Mech SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 75.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.27 Cr | Rs 84.36 Cr | 16.01x |
| NII | Rs 3.96 Cr | Rs 726.26 Cr | 183.40x |
| IND | Rs 9.23 Cr | Rs 859.82 Cr | 93.18x |
| Total | Rs 18.46 Cr | Rs 1,670.45 Cr | 90.51x |
H.M. Electro Mech SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 7,02,400 | 1,12,48,000 | 16.01x |
| NII | 5,28,000 | 9,68,35,200 | 183.40x |
| IND | 12,30,400 | 11,46,43,200 | 93.18x |
| Total | 24,60,800 | 22,27,26,400 | 90.51x |
What Do These Subscription Numbers Mean?
A subscription of 91.75x by shares means the IPO received bids for 92 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 16.01x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 16.01x, it reflects serious institutional conviction.
NII at 183.40x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 93.18x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
H.M. Electro Mech SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 93.18x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the H.M. Electro Mech SME IPO Allotment Status page from 29 January 2025 for your allotment result.
H.M. Electro Mech SME IPO GMP After Subscription
GMP for H.M. Electro Mech SME stands at Rs 6.00 today, giving an estimated listing price of Rs 81.00 per share.
A subscription of 91.75x combined with a GMP of 8.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the H.M. Electro Mech SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
H.M. Electro Mech SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Jan 2025 | 0.00x | 4.44x | 13.84x | 7.87x |
| Day 2 - 27 Jan 2025 | 0.95x | 13.24x | 35.96x | 21.09x |
| Day 3 - 28 Jan 2025 | 16.01x | 183.40x | 93.18x | 90.51x |
H.M. Electro Mech SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 January 2025 |
| IPO Close Date | 28 January 2025 |
| Allotment Date | 29 January 2025 |
| Refund Initiation | 30 January 2025 |
| Share Credit to Demat | 30 January 2025 |
| Listing Date | 31 January 2025 |
| Minimum Investment | Rs 2,40,000.00 |
| Lot Size | 1600 shares |
About H.M. Electro Mech SME
H. M. Electro Mech Limited is an infrastructure firm specialising in turnkey projects, including supply, installation, testing, and commissioning of pumping machinery and providing comprehensive operation and maintenance services.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
H.M. Electro Mech SME IPO Subscription FAQs
What is H.M. Electro Mech SME IPO subscription status today?
H.M. Electro Mech SME IPO subscription closed on 28 January 2025 with overall subscription of 91.75x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 16.01x, NII 183.40x, IND 93.18x.
What is the overall subscription of H.M. Electro Mech SME IPO?
H.M. Electro Mech SME IPO is subscribed 91.75x overall by shares at close on 28 January 2025. QIB 16.01x, NII 183.40x, and IND 93.18x.
What is H.M. Electro Mech SME IPO QIB subscription?
H.M. Electro Mech SME IPO QIB (Qualified Institutional Buyers) subscription is 16.01x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is H.M. Electro Mech SME IPO IND subscription?
H.M. Electro Mech SME IPO IND subscription is 93.18x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is H.M. Electro Mech SME IPO NII subscription?
H.M. Electro Mech SME IPO NII (Non-Institutional Investors) subscription is 183.40x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in H.M. Electro Mech SME IPO for retail?
H.M. Electro Mech SME IPO retail share subscription is 93.18x. Application-wise data is needed for accurate lottery odds.
When is H.M. Electro Mech SME IPO allotment date?
H.M. Electro Mech SME IPO allotment date is 29 January 2025. Check H.M. Electro Mech SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does H.M. Electro Mech SME IPO subscription close?
H.M. Electro Mech SME IPO subscription closed on 28 January 2025. No new applications are accepted after the close.
What is H.M. Electro Mech SME IPO GMP today?
H.M. Electro Mech SME IPO GMP is ₹6 today (+8.00% over issue price ₹75). See live GMP on the H.M. Electro Mech SME IPO GMP Today page.
What is H.M. Electro Mech SME IPO issue price and lot size?
H.M. Electro Mech SME IPO issue price is ₹75 per share. Lot size is 1600 shares. Minimum investment is ₹2,40,000 per lot (minimum 2 lots for SME). Issue size: ₹27.74 Cr.
When is H.M. Electro Mech SME IPO listing date?
H.M. Electro Mech SME IPO listing date is 31 January 2025 on NSE and BSE. Allotment is on 29 January 2025.
How does subscription affect H.M. Electro Mech SME IPO allotment?
Allotment odds in H.M. Electro Mech SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 91.75x overall, competition is very high.
For allotment results from 29 January 2025, visit the H.M. Electro Mech SME IPO Allotment Status page. For listing day updates on 31 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.