The company Holmarc Opto Mechatronics Limited is coming up with an IPO of INR 11.40 crores. The offer consists of a fresh issue of equity shares.The company intends to utilise the raised funds towards purchase of additional plant and machinery and meeting the working capital requirements of the company.
Holmarc Opto Mechatronics IPO – Important Details
| Holmarc Opto Mechatronics IPO Date | September 15, 2023 to September 20, 2023 |
| Holmarc Opto Mechatronics IPO Listing Date | September 25, 2023 |
| Holmarc Opto Mechatronics IPO Price | INR 40 per share |
| Holmarc Opto Mechatronics IPO Lot Size | 3000 Shares |
| Holmarc Opto Mechatronics IPO Total Issue Size | INR 11.40 crores |
| Holmarc Opto Mechatronics IPO Basis of Allotment | September 25,2023 |
| Holmarc Opto Mechatronics IPO Initiation of Refunds | September 26,2023 |
| Holmarc Opto Mechatronics IPO Credit of Shares to Demat | September 27,2023 |
| Holmarc Opto Mechatronics IPO Issue Type | Fixed Price Issue IPO |
| Holmarc Opto Mechatronics IPO Listing At | NSE SME |
Holmarc Opto-Mechatronics Ltd IPO – Company Profile
Holmarc Opto-Mechatronics Limited is incorporated in the year 1993 by our promoters Mr. Jolly Cyriac and Mr. Ishach Sainuddin. The company manufactures variety of scientific and engineering instruments for research, industry and education i.e. 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.
Holmarc Opto-Mechatronics Limited is an ISO 9001:2015 certified company for designing, developing and manufacturing scientific instruments and devices for Industries, Research and educational Institutes. We have successfully implemented a quality management system as per industry standard.
Holmarc Opto-Mechatronics Limited IPO Objective
The company intends to allocate INR 3.54 crores for purchasing more plant and machinery to meet customer demand and enhance efficiency. Additionally, INR 4.81 crores will be used for working capital to support future growth and operational needs.
- To fund the purchase of additional plant and machinery: To cater the growing demand of the customers with enhanced quality and increased efficiency, the company plans to utilise INR 3.54 crores from the net proceeds to purchase additional plant and machinery.
- To fund the working capital requirement: The company requires additional working capital for funding future growth requirements of the company and for other business purposes. The company plans to utilise INR 4.81 crores for the said purpose.
Holmarc Opto Mechatronics IPO Risks And Challenges
The company’s revenue relies heavily on Indian clients, making it vulnerable to economic fluctuations in India. Legal proceedings are ongoing, with uncertain outcomes. In a competitive industry, failure to compete effectively may lead to market share loss and adverse effects on business and operations.
- The revenue of the company is highly dependent on clients located in India. Any decline in the economic health of India could adversely affect our business, financial condition and results of operations.
- The Company is a party to a legal proceeding which is pending. No assurance can be given that these proceeding will be decided in favour of the company.
- The company is in a competitive business. If it is unable to compete effectively, the company could lose market share and the business and results of operations could be negatively impacted.
Holmarc Opto Mechatronics IPO Peer Comparison
The company does not have any listed peer companies for comparison of performance and therefore, investors must rely on their own examination of accounting ratios of the Company for the purposes of investment in the Issue.
Holmarc Opto Mechatronics IPO Financial Information
| Particular | As at 31 March 2021 | As at 31 March 2022 | As at 31 March 2023 |
| Revenue (₹ in lakhs) | 1,573.34 | 2,102.34 | 2,903.67 |
| Equity (₹ in lakhs) | 688.60 | 823.80 | 1,159.93 |
| Expenses (₹ in lakhs) | 1,407.39 | 1,816.63 | 2,401.88 |
| Profit and Loss After Tax (₹ in lakhs) | 68.80 | 155.19 | 356.14 |
| RoNW (%) | 9.99% | 18.84% | 30.70% |
| Diluted EPS only (₹) | 0.96 | 2.16 | 4.95 |
| NAV per Equity Share (₹) | 9.56 | 11.44 | 16.11 |
| Total Assets (in lakhs) | 1,247.18 | 1,467.32 | 1,658.86 |
| Total Liabilities (in lakhs) | 558.58 | 643.52 | 498.93 |
Holmarc Opto Mechatronics IPO – Industry & Market Potential
The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables.
The engineering industry in Gujarat reported exports worth US$ 25 billion contributing around 36% of India’s engineering exports.The Indian engineering sector is of strategic importance to the economy owing to its intense integration with other industry segments. The sector has been de-licensed and enjoys 100% FDI. With the aim to boost the manufacturing sector, the government has relaxed the excise duties on factory gate tax, capital goods, consumer durables and vehicles.
Holmarc Opto-Mechatronics Ltd IPO – Type of Offer
The company Holmarc Opto Mechatronics Limited is coming up with an IPO of INR 11.40 crores. The offer consists of a fresh issue of equity shares at a price of INR 40 per share.
Holmarc Opto-Mechatronics Ltd IPO Offer Size
Holmarc Opto Mechatronics Limited plans to launch an IPO valued at INR 11.40 crores, primarily through the issuance of new equity shares. The company aims to use these proceeds for acquiring more plant and machinery and addressing its working capital needs.
Holmarc Opto Mechatronics IPO Allotment Structure
Investors are categorized into Retail Individual Investors (up to INR 2 lakhs) and Others (above INR 2 lakhs). Market Makers get 1,44,000 shares, 5.05% of the total issue.
Retail Individual Investors (RII): The application value does not exceed INR 2 lakhs. These individual investors apply for shares with a total value of less than Rs. 2 lakhs.
Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs
Market Maker Reservation: Total of 1,44,000 equity shares are reserved for market makers. This forms 5.05% of the total issue.
How to apply for the Holmarc Opto Mechatronics IPO?
To apply for the Holmarc Opto Mechatronics IPO through Alice Blue, you would typically follow these steps:
1. Open a Demat and Trading Account: If you don’t have one already, you would need to open a Demat and trading account with Alice Blue.
2. Check for IPO Details: Once your account is active, you can check for the Holmarc Opto Mechatronics IPO details in the IPO section of the Alice Blue platform.
3. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
4. Submit the Application: Confirm all your details and submit your application.
You can apply for Holmarc Opto Mechatronics IPO at Alice Blue in just a few clicks!
Check Allotment Status: Post the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How to Check Holmarc Opto Mechatronics IPO Allotment Status on Alice Blue?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
4. Select the Holmarc Opto Mechatronics IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Holmarc Opto Mechatronics IPO.
5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended to contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Holmarc Opto Mechatronics IPO:
Registrar’s Website: Visit the website of Cameo Corporate Services Limited, the registrar of the Holmarc Opto Mechatronics IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN and application number or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) SME Platform. You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after the allotment process has been completed, a few days after the IPO window closes.
Holmarc Opto Mechatronics IPO Offer Registrar
The registrar for the Holmarc Opto Mechatronics Limited’s IPO is Cameo Corporate Services Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com
Holmarc Opto Mechatronics Limited IPO FAQs
What is the allotment date of the Holmarc Opto Mechatronics Limited IPO?
The allotment date is September 25, 2023.
What is the price band of the Holmarc Opto Mechatronics Limited IPO?
The price is INR 40 per share.
What is the size of the Holmarc Opto Mechatronics Limited IPO?
Holmarc Opto Mechatronics Limited plans to launch an IPO valued at INR 11.40 crores, primarily through the issuance of new equity shares. The company aims to use these proceeds for acquiring more plant and machinery and addressing its working capital needs.
What is the listing date of the Holmarc Opto Mechatronics Limited IPO?
The listing date is September 25,2023
