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Holmarc Opto-Mechatronics Limited IPO : Key Details

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.

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