. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹240,000.
Finshore Management Services Limited is the book running lead manager of the Holmarc Opto-Mechatronics IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Holmarc Opto-Mechatronics IPO is Nikunj Stock Brokers.
Refer to Holmarc Opto-Mechatronics IPO RHP for detailed information.
Holmarc Opto-Mechatronics IPO Details
| IPO Date | September 15, 2023 to September 20, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,850,000 shares (aggregating up to ₹11.40 Cr) |
| Fresh Issue | 2,850,000 shares (aggregating up to ₹11.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,200,000 |
| Share holding post issue | 10,050,000 |
| Market Maker portion | 144,000 shares Nikunj Stock Brokers |
Holmarc Opto-Mechatronics IPO Reservation
Holmarc Opto-Mechatronics IPO a total of 2,850,000 shares are offered. RII: 1,353,000 (47.47%), NII: 1,353,000 (47.47%).
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 144,000 (5.05%) |
| Other Shares Offered | 1,353,000 (47.47%) |
| Retail Shares Offered | 1,353,000 (47.47%) |
| Total Shares Offered | 2,850,000 (100%) |
Holmarc Opto-Mechatronics IPO Timeline (Tentative Schedule)
Holmarc Opto-Mechatronics IPO opens on September 15, 2023, and closes on September 20, 2023.
| IPO Open Date | Friday, September 15, 2023 |
| IPO Close Date | Wednesday, September 20, 2023 |
| Basis of Allotment | Monday, September 25, 2023 |
| Initiation of Refunds | Tuesday, September 26, 2023 |
| Credit of Shares to Demat | Wednesday, September 27, 2023 |
| Listing Date | Thursday, September 28, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 20, 2023 |
Holmarc Opto-Mechatronics IPO Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6,000 | ₹240,000 |
| Lot Size Calculator |
Holmarc Opto-Mechatronics IPO Promoter Holding
Mr. Jolly Cyriac and Mr. Ishach Sainuddin are the promoters of the company.
| Share Holding Pre Issue | 87.30% |
| Share Holding Post Issue | 62.54% |
About Holmarc Opto-Mechatronics IPO
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.
Company Financials
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,247.18 | 1,467.32 | 1,658.86 |
| Revenue | 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 |
Amount in ₹ Lakhs
Key Performance Indicator
Holmarc Opto-Mechatronics IPO Market Cap is Rs 40.2 Cr and P/E (x) is 8.08.
| KPI | Values |
|---|---|
| P/E (x) | 8.08 |
| Post P/E (x) | 11.3 |
| Market Cap (₹ Cr.) | 40.2 |
| ROE | 0.36% |
| ROCE | 33% |
| Debt/Equity | 0.12 |
| EPS (Rs) | 4.95 |
| RoNW | 30.70% |
Check Holmarc Opto-Mechatronics IPO Peer Comparison here.
Objects of the Issue (Holmarc Opto-Mechatronics IPO Objectives)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding Capital Expenditure towards Purchase of Additional Plant & Machinery.
- To meet the Working Capital Requirements.
- To meet the Issue Expenses.
- General Corporate Purposes.
Holmarc Opto-Mechatronics IPO Review (May apply)
[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…
Holmarc Opto-Mechatronics IPO Subscription Status (Bidding Detail)
The Holmarc Opto-Mechatronics IPO is subscribed 0.96 times on Sep 15, 2023 3:21:00 PM. The public issue subscribed 1.73 times in the retail category, [.] times in the QIB category, and 0.18 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 0.18 | 13,53,000 | 2,49,000 |
| Retail | 1.73 | 13,53,000 | 23,40,000 |
| Total | 0.96 | 27,06,000 | 25,89,000 |
Total Application : 780 (1.73 times)
*Market Maker portion is not included to NII/HNI.
Holmarc Opto-Mechatronics IPO Prospectus
Holmarc Opto-Mechatronics IPO Contact Details
Holmarc Opto-Mechatronics Limited
Building No. 11/490, B-7,
HMT Industrial Estate, Kalamassery,
Kanayanoor Taluk, Ernakulam – 683503
Phone: +91 484 2953780
Email: cs@holmarc.com
Website: https://www.holmarc.com/
Holmarc Opto-Mechatronics IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/