Electromech Infraprojects Ltd.

The lot size for the Electromech Infraprojects Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.

Bigshare Services Pvt Ltd is the registrar for the Electromech Infraprojects Ltd. IPO.

The registrar processes the basis of allotment, refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Electromech Infraprojects Ltd. IPO shares are proposed to be listed on BSE and NSE.

Each Electromech Infraprojects Ltd. share has a face value of ₹5.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

1. 1.Funding the working capital requirements of our Company
2. 2.Investment in our Subsidiary, Jika EPC Services Limited to increase our shareholding from 34.78% to 60.00% of paid-up equity share capital of Jika through a combination of subscription to fresh equity shares and secondary acquisition of equity shares
3. 3.Investment in our Subsidiary, Sinerco Power Systems Private Limited
4. 4.Investment in our GCC based Subsidiary, Electromech Global Holdings Ltd
5. 5.General Corporate Purposes

Arihant Capital Markets Ltd. is the book running lead manager for the Electromech Infraprojects Ltd. IPO.

Pre-apply means placing your Electromech Infraprojects Ltd. IPO application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the basis of allotment for retail investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Electromech Infraprojects Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the price band or at the cut-off price, and the money stays blocked in your bank account until the basis of allotment is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Electromech Infraprojects Ltd. IPO bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.