Holmarc Opto-Mechatronics Limited IPO is set to launch on 15 September, 2023. The company initiated its business operations in 1993. It is engaged in the manufacturing of engineering equipment for research, education and industry. Its product list includes Measuring Instruments, Imaging Instruments, Analytical Instruments, Spectroscopy, Physical Lab Instruments, Lab Instruments, Liner and rotation Stages, Opto mechanics, industrial Automation etc. It has been able to develop more than 800 products till date with standard specification.
Holmarc Opto-Mechatronics Limited IPO DETAILS
Holmarc Opto-Mechatronics Limited IPO is set to launch on 15 September, 2023. The subscription timeline extends till 20 September, 2023. The size for the IPO is 11.40 Crore Rs. Shares issued through fresh issue mode are worth 11.40 Crore Rs. No shares are issued through offer for sale mode. The lot size is 3000 shares and the price is 40 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Fixed Price issue. The registrar for the company isCameo Corporate Services Limited.
Tabular Description of Holmarc Opto-Mechatronics Limited IPO
| IPO OPENING DATE | 15 September, 2023 |
| CLOSING DATE FOR IPO | 20 September, 2023 |
| ISSUE TYPE | Fixed price Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | 40 Rs per share |
| LOT SIZE | 3000 shares |
| MINIMUM ORDER QUANTITY | 3000 shares |
| ISSUE SIZE | 11.40 Crore Rs. |
| OFFER FOR SALE | No shares are issued through offer for sale mode |
| FRESH ISSUE | 11.40 Crore Rs. |
| LISTING AT | NSE SME |
| LISTING DATE | 28 September, 2023 |
Holmarc Opto-Mechatronics Limited IPO : IMPORTANT DATES
| IPO OPENING DATE | 15 September, 2023 |
| CLOSING DATE FOR IPO | 20 September, 2023 |
| IPO ALLOTMENT DATE | 25 September, 2023 |
| REFUNDS | 26 September, 2023 |
| DEMAT A/C CREDITED ON | 27 September, 2023 |
| IPO LISTING DATE | 28 September, 2023 |
Holmarc Opto-Mechatronics Limited IPO begins for subscription from 15 September, 2023. The IPO subscription would continue till 20 September, 2023. The allotment status for the shareholders who applied would come on 25 September, 2023. The refunds for the ones who did not get allotment would be initiated on 26 September, 2023. The DEMAT accounts of shareholders would be credited on 27 September, 2023. The listing of the company would be completed on 28 September 2023.
Holmarc Opto-Mechatronics Limited IPO : Lead Managers
The lead managers are :
- Finshore Management Services Limited
The minimum lot size for the company is decided at 3000 shares. This holding accounts to 120000 Rs.. The maximum lot size is decided at 6000 shares (HNI). This amounts to 240000 Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | 3000 shares | 120000 Rs. |
| Maximum | 6000 shares | 240000 Rs. |
OBJECTIVES FOR THE IPO
- IPO proceeds would be used for general corporate purposes.
- The company will use the IPO money for further working capital requirements.
- The funds will also be used for expansion purposes.
COMPANY FINANCIALS
| Particularly (in Lakh Rs.) | 2020-21 | 2021-22 | 2022-23 |
| ASSETS | 1247 | 1467 | 1658 |
| Revenue | 1573 | 2117 | 2918 |
| PAT | 68 | 155 | 356 |
Holmarc Opto-Mechatronics Limited had an asset base of 1247 lakh Rs in the year 2021. This increased to 1467 lakh Rs in the year 2022 and 1658 Lakh Rs in the year 2023. Hence the financial statement displays a steady rise in the asset base over the last 3 years. The revenue of the company was 1573 Lakh Rs in the year 2021 which increased to 2117 Lakh Rs in 2022 and 2918 Lakh Rs in the year 2023. The revenue on tether hand has increased at a rapid speed in comparison to the asset base. The profit of the company was recorded at 68 Lakh Rs in the year 2021. This increased to 155 Lakh Rs in the year 2022. The profit for the year 2023 was recorded at 356 Lakh Rs. Thus the profit of the company has increased by almost 300 Lakh rs in the span of 3 years.
PROS
- Its product list includes Measuring Instruments, Imaging Instruments, Analytical Instruments, Spectroscopy, Physical Lab Instruments, Lab Instruments, Liner and rotation Stages, Opto mechanics, industrial Automation etc.
- It has been able to develop more than 800 products till date with standard specification.
CONS
- The company works in a highly competitive segment.
Holmarc Opto-Mechatronics Limited IPO Application Process with Zerodha
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
- Click the Holmarc Opto-Mechatronics Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
