H.M. Electro Mech IPO Day 1: Latest GMP, subscription status, listing date & other details about SME IPO
2 months, 1 week ago

H.M. Electro Mech IPO Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

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H.M. Electro Mech IPO: The IPO of H.M. Electro Mech, which opened for bidding today, January 24, saw healthy investor interest, with the issue being fully subscribed. H.M. Electro Mech IPO Size: The company aims to raise ₹27.74 crore through the IPO, which is a fresh issue of 36.99 lakh shares. H.M. Electro Mech IPO Lot Size: The IPO lot size is fixed at 1600 shares, requiring a minimum investment of ₹1,20,000 for retail investors. H.M. Electro Mech IPO reservation: The IPO offers 7 lakh shares to qualified institutional buyers, 5.28 lakh shares to non-institutional buyers, and 12.3 lakh shares to retail investors.

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