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Holmarc Opto-Mechatronics IPO is a fixed price issue of ₹11.40 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹11.40 crore.
Holmarc Opto-Mechatronics IPO bidding started from Sep 15, 2023 and ended on Sep 20, 2023. The allotment for Holmarc Opto-Mechatronics IPO was finalized on Sep 25, 2023. The shares got listed on NSE SME on Sep 25, 2023.
Holmarc Opto-Mechatronics IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Finshore Management Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to Holmarc Opto-Mechatronics IPO RHP for detailed Information.
| IPO Date | September 15, 2023 to September 20, 2023 |
| Listing Date | September 25, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,50,000 shares (aggregating up to ₹11.40 Cr) |
| Reserved for Market Maker | 1,44,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.5760 Cr) |
| Net Offered to Public | 27,06,000 shares (aggregating up to ₹10.82 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 72,00,000 shares |
| Share Holding Post Issue | 1,00,50,000 shares |
Holmarc Opto-Mechatronics IPO offers total 28,50,000 shares. Out of which 13,53,000 (47.47%) allocated to NII, 13,53,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,44,000 (5.05%) |
| NII (HNI) Shares Offered | 13,53,000 (47.47%) |
| Retail Shares Offered | 13,53,000 (47.47%) |
| Total Shares Offered | 28,50,000 (100.00%) |
Holmarc Opto-Mechatronics IPO opens on September 15, 2023, and closes on September 20, 2023.
| IPO Open Date | Fri, Sep 15, 2023 |
| IPO Close Date | Wed, Sep 20, 2023 |
| Tentative Allotment | Mon, Sep 25, 2023 |
| Initiation of Refunds | Tue, Sep 26, 2023 |
| Credit of Shares to Demat | Wed, Sep 27, 2023 |
| Tentative Listing Date | Mon, Sep 25, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 20, 2023 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1993, Holmarc Opto-Mechatronics Limited manufactures scientific and engineering instruments for research, industry, and education.
The company designs, develops, and manufactures Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation, etc.
The company also manufactures a variety of import substitute products for the Indian market which are also exported. Products that come under this category are Quantum Efficiency Measurement Stations for solar cells, UV Laser Marking Stations for photo-lithography, Automated Rotary Antenna Positioners, Spectroscopic Ellipsometer for thin film measurements, UV Ozone Cleaner, Spectroscopic Reflectometer, Photo Detector Measurement System, Raman Spectrometer, etc.
Holmarc has developed over 800 products with standard specifications which includes customized products as well.
Holmarc's manufacturing unit is located at Ernakulam, Kerala, spread over approx. 29,984 sq. ft. The company recorded Rs. 2,903.67 Lacs, Rs. 2,102.34 Lacs, and Rs. 1,553.06 Lacs in revenue from operations in 2023, 2022, and 2021 respectively.
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,247.18 | 1,467.32 | 1,658.86 |
| Total Income | 1,573.34 | 2,117.84 | 2,918.44 |
| Profit After Tax | 68.80 | 155.19 | 356.14 |
| Net Worth | 688.60 | 823.80 | 1,159.93 |
| Reserves and Surplus | 668.60 | 803.80 | 439.93 |
| Total Borrowing | 166.26 | 206.37 | 133.69 |
The market capitalization of Holmarc Opto-Mechatronics IPO is ₹40.20 Cr.
| KPI | Values |
|---|---|
| ROE | 0.36% |
| ROCE | 33% |
| Debt/Equity | 0.12 |
| RoNW | 30.70% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company is in a highly competitive and fragmented segment. It has posted steady growth in its top and bottom lines. Based on FY23 earnings, the issue appears reasonably priced. Well-informed investors may park funds for medium to long-term rewards. Read detail review...
| Listing Date | September 25, 2023 |
| BSE Script Code | |
| NSE Symbol | HOLMARC |
| ISIN | INE0LXA01019 |
| Final Issue Price | ₹40 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹65.25 |
| Low | ₹65.00 |
| High | ₹68.50 |
| Last Trade | ₹68.50 |
Holmarc Opto-Mechatronics Ltd.
Building No. 11/490, B-7,
HMT Industrial Estate, Kalamassery,
Kanayanoor Taluk,
Ernakulam, Kerala, 683503
Phone: +91 484 2953780
Email: cs@holmarc.com
Website: https://www.holmarc.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Holmarc Opto-Mechatronics IPO is a SME IPO of 28,50,000 equity shares of the face value of ₹10 aggregating up to ₹11.40 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on September 15, 2023, and closes on September 20, 2023.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Holmarc Opto-Mechatronics IPO using UPI as a payment gateway. Zerodha customers can apply in Holmarc Opto-Mechatronics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Holmarc Opto-Mechatronics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Holmarc Opto-Mechatronics IPO opens on September 15, 2023 and closes on September 20, 2023.
Holmarc Opto-Mechatronics IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Holmarc Opto-Mechatronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Holmarc Opto-Mechatronics IPO will be done on Monday, September 25, 2023, and the allotted shares will be credited to your demat account by Wednesday, September 27, 2023. Check the Holmarc Opto-Mechatronics IPO allotment status.
The Holmarc Opto-Mechatronics IPO listing date is on Monday, September 25, 2023.
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