Holmarc Opto-Mechatronics IPO will open for subscription from 15 September 2023. The company aims for an issue size of ₹11.40 crore through this IPO.
Company Overview
| Full name | Holmarc Opto-Mechatronics Limited |
| Sector | Trading |
| Industry | Trading |
| Company Website | https://www.holmarc.com/ |
About Company
Incorporated in 1993, Holmarc Opto-Mechatronics manufactures a 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 also manufactures a variety of import substitute products for the Indian market which can find wide export markets. 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 Ellipsometers for thin film measurements, UV Ozone Cleaners, Spectroscopic reflectometers, Photo Detector Measurement System, Raman Spectrometer, etc.
Holmarc has developed over 800 products with standard specifications which includes customized products as well. The company’s manufacturing unit is located at Ernakulam, Kerala, spread over approx. 29,984 sq. ft. The company recorded ₹ 29.04 crore, ₹ 21.02 crore, and ₹15.53 crore in revenue from operations in 2023, 2022, and 2021 respectively.
The Objective of the Issue
- Funding Capital Expenditure towards Purchase of Additional Plant & Machinery.
- To meet the Working Capital Requirements.
- To meet the Issue Expenses.
- General Corporate Purposes.
IPO Timetable
| IPO Opening date | 15 September 2023 |
| IPO Closing | 20 September 2023 |
| Basis of Allotment | 25 September 2023 |
| Initiation Refund | 26 September 2023 |
| Credit to Demat Account | 27 September 2023 |
| Listing Date | 28 September 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹11.40 Cr – 2,850,000 shares |
| Fresh Issue | ₹11.40 Cr – 2,850,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹40 per share |
| Lot size | 3000 Shares |
| Market Maker portion | 144,000 shares |
| Listing Exchange | BSE & NSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6,000 | ₹240,000 |
Reservation Details
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 1,553.06 | 2,102.34 | 2,903.67 |
| Expenses | 1,407.39 | 1,816.63 | 2,401.88 |
| Net income | 68.80 | 155.19 | 356.14 |
Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 34.40 | 77.60 | 4.95 |
| PE ratio | – | – | 8.08 |
| RONW (%) | 9.99 | 18.84 | 30.70 |
| NAV | – | – | 16.11 |
| ROCE (%) | 13.09 | 23.05 | 33.00 |
| EBITDA (%) | 10.54 | 14.20 | 20.33 |
| Debt/Equity | 0.24 | 0.25 | 0.12 |
Company Promoters
- Mr. Jolly Cyriac
- Mr. Ishach Sainuddin
Promoter Holding
| Pre Issue Share Holding | 87.30% |
| Post Issue Share Holding | 62.54% |
Lead Manager(s)
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227
A.J.C Bose Road, Kolkata-700020, West Bengal, India
Phone: 033 – 2289 5101 / 4603 2561
Email: info@finshoregroup.com
Website: www.finshoregroup.com
IPO Registrar
CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai – 600 002, Tamil Nadu
Phone: 044 4002 0700
Email: ipo@cameoindia.com
Website: www.cameoindia.com
Contact Details
HOLMARC OPTO-MECHATRONICS LIMITED
Building No. 11/490, B-7, HMT Industrial Estate,
Kalamassery, Kanayanoor Taluk, Ernakulam – 683503, Kerala, India
Phone: 91 484 2953780
E-mail: cs@holmarc.com
Website: www.holmarc.com
Allotment Status
Holmarc Opto-Mechatronics IPO allotment will be available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Final thoughts
Holmarc Opto-Mechatronics IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
