IPO Synopsis


Holmarc Opto-Mechatronics Ltd

Registered Office: Bldg #11/490 B-7 HMT Inds.Est.,Kalamassery Taluk, Ernakulam - 683503, Kerala, India.
Phone : +91 484 2953780   Fax:
Email :  cs@holmarc.com  
Website :  www.holmarc.com

Initial public offer of 28,50,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Holmarc Optomechatronics Limited (the "Company" or the "Issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "Issue Price"), aggregating to Rs. 11.40 crores ("The Issue"), of which 1,44,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 0.58 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 27,06,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 10.82 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 28.36% and 26.93% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 40/- each i.e., 4.0 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
15-Sep-23 20-Sep-23 40.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 9.86 Finshore Management Services Ltd
Project Financed through Current Offer 11.40  
Post Issue Equity Share Capital 10.05  
Issue Price 40.00  

Project

  • Funding capital expenditure towards purchase of additional plant & machinery
  • Working capital requirements
  • General corporate expenses

Promoted By

Jolly Cyriac

Ishach Sainuddin

Listing At

NSE - SME

Registrar to the Issue

No Data Available