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H.M.Electro Mech IPO vs Rexpro Enterprises IPO

Comparison between H.M.Electro Mech IPO and Rexpro Enterprises IPO.

IPO Details

H.M.Electro Mech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rexpro Enterprises IPO is a SME Fixed Price proposed to list at NSE SME.

 H.M.Electro Mech IPORexpro Enterprises IPO
LogoH.M.Electro Mech IPO LogoRexpro Enterprises IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerSpread X Securities Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of H.M.Electro Mech IPO is up to ₹26.35 Cr whereas the issue size of the Rexpro Enterprises IPO is up to ₹50.95 Cr. The final issue price of H.M.Electro Mech IPO is ₹75.00 per share and of Rexpro Enterprises IPO is ₹145.00 per share.

 H.M.Electro Mech IPORexpro Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹75.00 per share₹145.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size35,13,600 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹26.35 Crup to ₹44.43 Cr
OFS Issue Size0 shares4,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.53 Cr
Issue Size Total35,13,600 shares35,14,000 shares
Issue Size Total (Amount)up to ₹26.35 Crup to ₹50.95 Cr

IPO Timetable

H.M.Electro Mech IPO opens on Jan 24, 2025, while Rexpro Enterprises IPO opens on Jan 22, 2025. The closing date of H.M.Electro Mech IPO and Rexpro Enterprises IPO is Jan 28, 2025, and Jan 24, 2025, respectively.

 H.M.Electro Mech IPORexpro Enterprises IPO
Anchor Bid DateJan 23, 2025
Issue OpenJan 24, 2025Jan 22, 2025
Issue CloseJan 28, 2025Jan 24, 2025
Basis Of Allotment (Tentative)Jan 29, 2025Jan 27, 2025
Initiation of Refunds (Tentative)Jan 30, 2025Jan 28, 2025
Credit of Share (Tentative)Jan 30, 2025Jan 28, 2025
Listing date (Tentative)Jan 31, 2025Jan 29, 2025
Anchor Lockin End date 1Feb 28, 2025
Anchor Lockin End date 2Apr 29, 2025

Financials & KPIs

H.M.Electro Mech IPO P/E ratio is 9.16, as compared to Rexpro Enterprises IPO P/E ratio of 25.49.

 H.M.Electro Mech IPORexpro Enterprises IPO
Financials

H.M. Electro Mech Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets85.9972.1564.0844.34
Total Income45.43117.3101.6762.03
Profit After Tax3.348.196.012.58
Net Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.40.18
Amount in ₹ Crore

Rexpro Enterprises Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets50.5439.9527.87
Total Income49.5683.0162.89
Profit After Tax4.085.180.63
Net Worth13.089.224.69
Reserves and Surplus5.128.964.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.47100
Promoter Shareholding (Post-Issue)71.1566.99
P/E Ratio9.1625.49
Market Cap₹102.74 Cr.₹162.49 Cr.
ROE29.06%56.24%
ROCE33.28%62.21%
Debt/Equity0.380.65
EPS₹8.19₹5.69
RoNW25.37%56.24%

Shares Offered

In the H.M.Electro Mech IPO Retail Individual Investors (RII) are offered 12,30,400 shares while in Rexpro Enterprises IPO retail investors are offered 12,30,400 shares. Qualified Institutional Buyers (QIB) are offered 7,02,400 shares in H.M.Electro Mech IPO and 0 shares in Rexpro Enterprises IPO.

 H.M.Electro Mech IPORexpro Enterprises IPO
Anchor Investor Reserveration10,52,800 shares0 shares
Market Maker Reserveration1,85,600 shares1,86,000 shares
QIB7,02,400 shares0 shares
NII5,28,000 shares8,17,000 shares
RII12,30,400 shares26,97,000 shares
Employee0 shares0 shares
Others
Total35,13,600 shares35,14,000 shares

Bids Received (Subscription)

H.M.Electro Mech IPO subscribed 91.75x in total, whereas Rexpro Enterprises IPO subscribed 17.67x.

 H.M.Electro Mech IPORexpro Enterprises IPO
QIB (times)16.01x
NII (times)183.65x8.22x
Big NII (times)
Small NII (times)
RII (times)95.55x27.12x
Employee (times)
Other (times)
Total (times)91.75x17.67x