IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size28,50,000 shares (aggregating up to ₹11.40 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 15 Sep 2023
Subscription CloseWed, 20 Sep 2023
Anchor AllotmentThu, 14 Sep 2023
Basis of AllotmentMon, 25 Sep 2023
Initiation of RefundsTue, 26 Sep 2023
Credit of Shares to DematWed, 27 Sep 2023
Listing DateMon, 25 Sep 2023
UPI Mandate Deadline2023-09-20
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
EPS (Pre-IPO)₹4.95
P/E Ratio (Pre-IPO)8.08x
P/E Ratio (Post-IPO)11.3x
Net Offer to Public27,06,000 shares (aggregating up to ₹10.82 Cr)
Reserved for Market Maker1,44,000 shares (aggregating up to ₹0.5760 Cr)
Pre-IPO Promoter Holding72,00,000 shares
Post-IPO Promoter Holding1,00,50,000 shares
About Holmarc Opto-Mechatronics Ltd
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.
Objects of the Issue
Holmarc Opto-Mechatronics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Capital Expenditure towards Purchase of Additional Plant & Machinery
3.54
2
To meet the Working Capital Requirements
4.82
3
General Corporate Purposes
1.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
72,00,000 shares
Post-IPO Promoter Holding
1,00,50,000 shares