Holmarc Opto-Mechatronics IPO Details: Holmarc Opto-Mechatronics is set to launch its initial public offering (IPO) on September 15, 2023. The IPO will close on September 20, 2023. The company is looking to raise ₹11.40 crores through the IPO. The investors’ portion for QIB/NII is 50%, Retail is 50%. The market lot is 3000 shares.
What is Holmarc Opto-Mechatronics IPO?
Holmarc Opto-Mechatronics IPO is an initial public offering (IPO) of 2,850,000 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 Shares.
The IPO opened on September 15, 2023, and closed on September 20, 2023. The allotment status is expected on or around September 25, 2023. The tentative date of Holmarc Opto-Mechatronics IPO listing is Thursday, September 28, 2023.
Holmarc Opto-Mechatronics is a company engaged in the design, development, manufacture, and sale of opto-mechanical components and sub-systems. The company’s products are used in a variety of industries, including medical devices, automotive, telecom, and electronics.
The proceeds from the IPO will be used to fund the company’s expansion plans, repay debt, and for general corporate purposes.
Here are the key details of the Holmarc Opto-Mechatronics IPO:
- Issue size: 2,850,000 equity shares
- Face value: ₹10 per share
- Issue price: ₹40 per share
- Minimum order quantity: 3000 Shares
- Listing exchange: NSE SME
- IPO opening date: September 15, 2023
- IPO closing date: September 20, 2023
- IPO allotment status: expected on or around September 25, 2023
- IPO listing date: tentative date is Thursday, September 28, 2023
If you are interested in investing in the Holmarc Opto-Mechatronics IPO, you can do so through a stockbroker. Please do your own research before investing in any IPO.
Objective of Holmarc Opto-Mechatronics IPO
The objective of the Holmarc Opto-Mechatronics IPO is to raise ₹11.40 Crores to fund 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.
The company plans to use the proceeds from the IPO to expand its production capacity, invest in new product development, and meet its working capital requirements. The company also plans to use a portion of the proceeds to repay debt and for general corporate purposes.
Holmarc Opto-Mechatronics is a well-established company with a good track record of growth. The company has a strong presence in the opto-mechanical components and sub-systems market. The company is also well-positioned to benefit from the growth of the medical devices, automotive, telecom, and electronics industries.
The IPO is open for subscription from September 15, 2023 to September 20, 2023. The minimum investment amount is ₹12,000 (3000 shares). The shares will be listed on the NSE SME Exchange.
If you are interested in investing in the Holmarc Opto-Mechatronics IPO, you should do your own research before making an investment decision. You should carefully consider the risks and rewards of investing in an IPO.
Here are some of the risks associated with investing in an IPO:
- The market price of the shares may be volatile in the short-term.
- The company may not be able to achieve its growth targets.
- The company may face unforeseen challenges.
If you are considering investing in the Holmarc Opto-Mechatronics IPO, you should carefully consider these risks before making an investment decision.
Holmarc Opto-Mechatronics IPO Date & Price Band Details
| IPO Open: | September 15, 2023 |
| IPO Close: | September 20, 2023 |
| IPO Size: | Approx ₹11.40 Crores, 3,868,1000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹40 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | – % of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Holmarc Opto-Mechatronics IPO Market Lot
The Holmarc Opto-Mechatronics IPO minimum market lot is 3000 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹120,000 |
| Retail Maximum | 1 | 3000 | ₹120,000 |
| S-HNI Minimum | 2 | 6000 | ₹240,000 |
Holmarc Opto-Mechatronics IPO Dates
The Holmarc Opto-Mechatronics IPO date is September 15 and the IPO close date is September 20. The IPO allotment date is September 25 and the IPO might list on September 28.
| IPO Open Date: | September 15, 2023 |
| IPO Close Date: | September 20, 2023 |
| Basis of Allotment: | September 25, 2023 |
| Refunds: | September 26, 2023 |
| Credit to Demat Account: | September 27, 2023 |
| IPO Listing Date: | September 28, 2023 |
You can check this IPO calendar to have latest update on your mobile. Add this calendar to your mobile and get daily updates on the current and upcoming IPO.
Holmarc Opto-Mechatronics IPO Subscription Status
For the latest update on the Holmarc Opto-Mechatronics IPO, you can check this dedicated page for IPO subscription status.
Holmarc Opto-Mechatronics IPO Allotment Status
For the latest update on the Holmarc Opto-Mechatronics IPO, you can check this dedicated page for IPO allotment status.
Holmarc Opto-Mechatronics IPO Forms
For IPO form for the Holmarc Opto-Mechatronics IPO, you can check this dedicated page for IPO Forms.
Holmarc Opto-Mechatronics Company Financials
Here are some of the key financials of Holmarc Opto-Mechatronics:
- Revenue: The company’s revenue has grown steadily over the past few years, from ₹1553.06 lakhs in 2021 to ₹2102.34 lakhs in 2022.
- Profit: The company has also been profitable, with a net profit of ₹155.19 lakhs in 2022.
- Debt: The company has a debt of ₹2.85 crores, which is relatively low compared to its revenue.
- Return on equity (ROE): The company’s ROE is 7.76%, which is decent.
- Price to earnings (PE) ratio: The company’s PE ratio is 8.08, which is considered to be reasonable.
Overall, the financials of Holmarc Opto-Mechatronics look healthy. The company has been growing steadily and is profitable. The company also has a low debt level and a decent ROE. The PE ratio is also reasonable.
However, it is important to note that these are just financials and do not guarantee future performance. You should do your own research before investing in any company.
Here are some of the factors that you should consider before investing in Holmarc Opto-Mechatronics:
- The company’s growth prospects.
- The competitive landscape.
- The management team.
- The valuation.
You should also carefully consider your own investment goals and risk tolerance before making an investment decision.
Company Promoters
- Mr. Jolly Cyriac
- Mr. Ishach Sainuddin
Holmarc Opto-Mechatronics IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Company Address
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 FAQs
Holmarc Opto-Mechatronics IPO is set to launch its initial public offering (IPO) on September 15, 2023. The IPO will close on September 20, 2023.
Holmarc Opto-Mechatronics IPO size is ₹11.40 crores.
Holmarc Opto-Mechatronics IPO Price Band is ₹40 per equity share.
The IPO bid is 3000 shares with ₹120,000.
Holmarc Opto-Mechatronics IPO allotment date is September 25, 2023.
Holmarc Opto-Mechatronics IPO listing date is September 28, 2023. The IPO to list on NSE SME.
You can apply for the Holmarc Opto-Mechatronics IPO through a stockbroker. There are two ways to apply for an IPO through a stockbroker:
ASBA (Application Supported by Blocked Amount): This is the most common way to apply for an IPO. Under ASBA, the money for the IPO is blocked in your bank account when you apply. This ensures that you have the funds available to pay for the IPO shares if you are allotted shares.
UPI (Unified Payments Interface): This is a newer way to apply for an IPO. Under UPI, you can use your UPI ID to pay for the IPO shares. This is a more convenient way to apply for an IPO, but it is not available with all stockbrokers.
To apply for the Holmarc Opto-Mechatronics IPO through a stockbroker, you will need to:
Open a demat and trading account with a stockbroker.
Link your bank account to your demat and trading account.
Apply for the IPO through your stockbroker’s online portal or by calling their customer care number.
When you apply for the IPO, you will need to provide the following information:
Your name
Your PAN number
Your bank account details
The number of shares you want to apply for
The price you are willing to pay for the shares
The IPO will be open for subscription from September 15, 2023 to September 20, 2023. The allotment status will be announced on or around September 25, 2023. The shares will be listed on the NSE SME Exchange on or around September 28, 2023.
If you are allotted shares in the IPO, the money will be debited from your bank account and the shares will be credited to your demat account.
It is important to note that there is no guarantee that you will be allotted shares in the IPO. The number of shares allotted to you will depend on the demand for the IPO and the number of shares you apply for.
Here are the steps on how to apply for the Holmarc Opto-Mechatronics IPO through Zerodha:
Create a Zerodha account if you don’t have one already.
Once you have created an account, log in to your Zerodha trading account.
Click on the “IPO” tab.
Select the Holmarc Opto-Mechatronics IPO from the list of upcoming IPOs.
Enter the number of shares you want to apply for. The minimum order quantity is 3000 shares.
Enter your UPI ID.
Enter the price per share. The price band for the Holmarc Opto-Mechatronics IPO is ₹36-40 per share.
Click on the “Apply” button.
Zerodha will verify your application and allocate shares to you, if you are successful. The allotment status will be available on or around September 25, 2023.
Here are some additional things to keep in mind:
You can apply for the Holmarc Opto-Mechatronics IPO through Zerodha’s web platform, mobile app, or trading terminal.
You can apply for the IPO using your own funds or through a margin account.
You will need to have a UPI ID linked to your Zerodha account in order to apply for the IPO.
The IPO is open for subscription from September 15, 2023 to September 20, 2023.