H.M. Electro Mech Ltd IPO

Our Company was originally established in Year of 2003 as a partnership firm named as `M/s H.M. Engineers under the Partnership Act, 1932. later it converted from partnership firm to (Joint Stock Company under Part I company) a public limited company named as H. M. Electro Mech Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated April, 24 2018 issued by the Registrar of Companies Central Registration Centre. The Corporate Identification Number of our Company is U45500GJ2018PLC102018.

The built environment is a multifaceted composition of social and economic infrastructures, involving key drivers such as engineering and construction service providers and owners, manufacturers, building material providers, and governmental and regulatory entities. It majorly works on EPC (Engineering, Procurement and Construction) contracts by the way of contractual agreement between a project owner and the contractor. This framework allows the owner to transfer the complete risk of design, procurement and construction to the contractor where the contractor is solely responsible for completing the project and handing it over to the owner in a turnkey condition. This is why EPC contracts are sometimes called turnkey construction contracts or simply turnkey contracts. Over the next few years, this industry is expected to shift further toward a productized workflow. This approach can reduce the uniqueness of projects by selecting from catalogues or libraries of designs, stabilize the value chain with recurring business, embrace sustainability and circularity at its core, and take out a lot of on-site construction hours known for notoriously low productivity. At the centre of this radical shift lies technology as the catalyst and accelerator. In such a challenging environment, service excellence continues to be critical to the success of engineering and construction companies as they work to guard their value addition and capture new opportunities. Over the last few years, engineering and construction clients have elevated their expectations for a smarter built environment including smart homes, buildings, and infrastructure. They want to optimize their energy use, resolve service issues immediately, and get more value out of their built assets. The strategic expansion of services may deliver a win-win for engineering and construction companies and for their customers. this approach fosters higher levels of customer satisfaction, as companies can cater to a broader range of client needs and preferences, thereby strengthening client relationships and establishing a positive reputation in the industry.

Our company is Engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance. Initially the core Business of our Company was Infra projects related to water supply scheme involving Pumping Machineries and allied accessories for water and waste water. Over the years We have diversified in the field of electrification projects with Indian railways, Nationalized Banks and Municipal Corporations. Recently we have started EPC (Engineering, Procurement and Construction) field projects which involves laying cross country pipe line and civil work related to water supply projects including construction of water treatment plant (WTP), Civil Work for Pump Houses, Diesel Generating Sets, Panel Room, Instrumentation, PLC-SCADA. For such EPC projects we are working in collaboration/joint ventures with other companies also for carrying out the civil work part of the project. Our company is also engaged in sale of products which includes Pump, Pipes, Transformer, Motor and Other Electronic Accessories.