Holmarc Opto-Mechatronics, founded on February 11, 1993, produces a wide range of scientific and engineering instruments. Their offerings include imaging and measuring tools, spectroscopy and analytical devices, lab and physics instruments, as well as industrial automation equipment. The company also specializes in optomechanics, optics, and motorized linear and rotational stages.
| Bidding Dates |
|---|
| 15 Sep 2023 - 20 Sep 2023 |
| Subscription |
|---|
| 80.3x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 3000 | 2.9 M | ₹40 | 71.64 % | ₹114.0 M | RHP DOC |
Holmarc Opto-Mechatronics IPO SUBSCRIPTION STATUS
20 Sep '23Holmarc Opto-Mechatronics IPO overall subscription rate was 80.3 times the total available shares
Holmarc Opto-Mechatronics IPO retail subscription rate was 71.95 times in the retail segment
Holmarc Opto-Mechatronics IPO non-institutional investor subscription rate was 88.65 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
20 Sep 2023 (Day 3) | 71.95x | 88.65x | - |
18 Sep 2023 (Day 2) | 13.12x | 2.67x | - |
15 Sep 2023 (Day 1) | 2.31x | 0.34x | - |
Holmarc Opto-Mechatronics FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY23 | 35.6 | 290.4 | 20.6 | 17.9 | 20.3% |
| FY22 | 15.5 | 210.2 | 25.8 | 6.1 | 14.2% |
| FY21 | 6.9 | 155.3 | 4.1 | -0.4 | 10.5% |
Holmarc Opto-Mechatronics IPO SUBSCRIPTION STATUS DETAILS
Holmarc Opto-Mechatronics had 2.9 M shares on offer
Holmarc Opto-Mechatronics IPO offer price was ₹40
Holmarc Opto-Mechatronics IPO minimum Investment was ₹120000
Holmarc Opto-Mechatronics IPO issue size was ₹ 114.0 M
Holmarc Opto-Mechatronics had a minimum lot size of 3000 Shares per application
Holmarc Opto-Mechatronics NUMBER OF SHARES ON OFFER
Holmarc Opto-Mechatronics IPO IMPORTANT DATES
| Issue Open Date | 15 Sep 2023 |
| Issue close Date | 20 Sep 2023 |
| Allotment Date | 25 Sep 2023 |
| Refund Date | 25 Sep 2023 |
| Demat Account Credit Date | 27 Sep 2023 |
| Listing Date | 25 Sep 2023 |
| Listing on Exchange(s) | NSE |
| Holmarc Opto-Mechatronics Allotment Status | Exchange |
Holmarc Opto-Mechatronics IPO subscription opened on 15 Sep 2023, and closed on 20 Sep 2023
IPO allotment for Holmarc Opto-Mechatronics was finalized on Monday, 25 Sep 2023
IPO listing for Holmarc Opto-Mechatronics was on NSE on Monday, 25 Sep 2023
Holmarc Opto-Mechatronics IPO LISTING GAINS
| Issue Price (adjusted) | 40.0 |
| Listing Open Price | 65.3 |
| Listing Close Price | 68.5 |
| Listing Gain% | 63.1% |
| Current Gain% | 176.0% |
Holmarc Opto-Mechatronics Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Holmarc Opto-Mechatronics Ltd. | 110.4 | 111 | 27.2 | 2.9 | 2.6 | 13.2 | 10.7 | 42.7 | 13.1 | 4.1 | 9.3 | 4.1 | 9.3 |
| Solar Industries India Ltd. | 18650 | 168764 | 100.6 | 2.6 | 17.2 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 185.4 | 38.7 |
| PTC Industries Ltd. | 19076 | 28599.7 | 281.6 | 4.2 | 47.4 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 67.7 | 66.4 |
| Inox India Ltd. | 1954.7 | 17741.5 | 69.6 | 8 | 11 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28.1 | 8.7 |
| Precision Wires India Ltd. | 413.8 | 7564.6 | 48.7 | 0.7 | 1.4 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 8.5 | 72.4 |
| Kennametal India Ltd. | 3308.6 | 7271.7 | 52.5 | 1.5 | 5.4 | 13.8 | 10.6 | 1184.7 | 6.6 | 102.9 | -6.9 | 63 | 35.9 |
Holmarc Opto-Mechatronics INFORMATION ON IPO ISSUE
About Holmarc Opto-Mechatronics
Holmarc Opto-Mechatronics, founded on February 11, 1993, produces a wide range of scientific and engineering instruments. Their offerings include imaging and measuring tools, spectroscopy and analytical devices, lab and physics instruments, as well as industrial automation equipment. The company also specializes in optomechanics, optics, and motorized linear and rotational stages.
Object of the Issue
- Funding capital expenditure towards purchase of additional plant and machinery
- To meet the working capital requirements
- To meet the issue expenses
- General corporate purposes
Holmarc Opto-Mechatronics - PROMOTERS
| Name |
|---|
| Jolly Cyriac |
| Ishach Sainuddin |
Holmarc Opto-Mechatronics Lead Manager of the Issue
Finshore Management Services Limited
info@finshoregroup.com
Holmarc Opto-Mechatronics Registrar to the issue
Cameo Corporate Services Limited
ipo@cameoindia.com
Holmarc Opto-Mechatronics Strengths
Organisational stability
With over 30 years of operational history, Holmarc Opto-Mechatronics demonstrates resilience through economic and business cycles
Smooth flow of operations
The company has successfully built a strong client base, leading to repeat business and customer loyalty
Quality assurance
The company's products have quality benchmark certifications like ISO 9001:2015, certifying ts quality management system for product manufacturing
Diversified product portfolio
The company manufactures a wide and diversified range of products
Holmarc Opto-Mechatronics Risks
Competitive business
Facing a competitive market, Holmarc Opto-Mechatronics risks losing market share if it fails to compete effectively, potentially impacting business and operational results negatively
Order based business
The company typically conducts business on a purchase order basis, rather than long-term contracts with most customers
Seasonal business
The company's business experiences seasonal and other fluctuations, which can impact cash flows and operations
Negative cash flows
The company has had negative cash flow in recent fiscals. Sustained negative cash flow could adversely impact the business
IPO FAQs
The promoters of the company are Jolly Cyriac and Ishach Sainuddin.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 40.0 - 40.0.
The IPO application opens on Sep 15, 2023 and closes on Sep 20, 2023.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Sep 25, 2023.
The refund will be credited to your account on Sep 25, 2023.
The allotted shares will be credited to your demat on Sep 27, 2023.
Holmarc Opto-Mechatronics Ltd.’s shares listed on the stock exchanges on Sep 25, 2023.