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Holmarc Opto-Mechatronics IPO Allotment Status, Date & Time, Direct Link

Holmarc Opto-Mechatronics IPO Allotment

The Holmarc Opto-Mechatronics initial public offering (IPO) will begin on September 15, 2023, and end on September 20, 2023. The goal of Holmarc Opto-mechatronics’ IPO is to raise around  ₹11.40 crores. 50% is the retail quota, and 50% is the NII. The set price band for equity shares is ₹40. On September 25, 2023, the Holmarc Opto-Mechatronics IPO Allotment Status was anticipated. September 26, 2023, is the start date for refunds, September 27, 2023, is the credit date for shares to demat; and September 28, 2023, is the listing date.

Holmarc Opto-Mechatronics IPO Allotment Status

The price range for the Holmarc initial public offering (IPO) has been set at ₹40 per share. This is a completely new issuance of 28.50 lakh equity shares. Through the public offering, Holmarc Opto-Mechatronics Ltd hopes to raise 11.40 crore. The Holmarc Opto-Mechatronics IPO Allotment Status and lot size is 3,000 shares, and individual investors must deposit a minimum of ₹120,000.

The third and final day of the bidding process saw 85.81 subscriptions for the Holmarc Opto-Mechatronics IPO Allotment Status. According to www.chittorgarh.com, bids were received for 23,22,09,000 equity shares in the public offering, compared to the 27.06 lakh shares on offer. In the retail category, the public issue has been subscribed to 75.78 times, and in the Non-Institutional Investors’ (NII) category, 93.27 times.

Holmarc Opto-Mechatronics IPO GMP

According to market watchers, the grey market premium (GMP) for Holmarc Opto-Mechatronics’s initial public offering (IPO) is now valued at 10 rupees per share. This suggests that the price of Holmarc shares on the grey market is now 10 points higher than their initial public offering price.

IPO OpenSeptember 15, 2023
IPO CloseSeptember 20, 2023
IPO SizeApprox ₹11.40 Crores, 3,868,1000 Equity Shares
Face Value₹10 Per Equity Share
IPO Price Band₹40 Per Equity Share
Retail Quota50% of the net offer
QIB Quota[.]% of the net offer
NII Quota50% of the net offer
Basis of AllotmentSeptember 25, 2023
Initiation of RefundsSeptember 26, 2023
The credit of Shares to DematSeptember 27, 2023
Listing DateSeptember 28, 2023
IPO Listing onNSE SME

The Holmarc IPO GMP that was released today indicates that the Holmarc Opto-Mechatronics shares would likely be listed on NSE SME at a price of 50 per share. This represents a premium of 25% above the offering price.

How to check Holmarc Opto-Mechatronics IPO Allotment Status?

To check Holmarc Opto-Mechatronics IPO Allotment Status, follow these steps:

  • Visit the official website of the registrar or stock exchange where the IPO was listed.
  • You may check your IPO allotment status by visiting that page.
  • Type in your Permanent Account Number (PAN) and Application ID.
  • The “Submit” and “Check Allotment Status” buttons should be chosen.
  • The allotment status, including the number of shares allotted to you, will be displayed on the screen.
  • You can also check the allotment status through your demat account or by contacting your broker.

Holmarc Opto-Mechatronics Ltd IPO Objectives

The intended use of the net proceeds from the new issuance is as follows:

  • Paying for new gear and equipment via capital expenditures.
  • To meet the working capital requirements.
  • Meet the issue expenses.
  • General corporate purposes
  • Holmarc Opto-Mechatronics IPO Valuation

Holmarc Opto-Mechatronics Ltd IPO Lot Size

Three thousand shares make up the lot size for the Holmarc Opto-Mechatronics Ltd IPO. Retail investors would thus need to make a minimum investment of around ₹1,20,000.

Holmarc Opto-Mechatronics Company Strengths

  • The activities of Holmarc are quite varied. Sales of its best-selling product account for only 21% of total sales. Just around 39% of its raw materials come from its top 10 sources.
  • Holmarc has steadily and admirably improved its financial performance over the last three years. Profitability, debt serviceability, and solvency have all increased.
  • Their two promoters, both with more than thirty years of expertise in the sector, serve as their leaders.

Holmarc Opto-Mechatronics IPO Shares Offer

The Holmarc Opto-Mechatronics IPO will bid a total of 28,50,000 shares for the public offering, of which 28,50,000 will be for the fresh issue and 28,50,000 will be offered for sale.

Holmarc Opto-Mechatronics IPO Net Reservation

The Holmarc Opto-Mechatronics IPO will bid 13,53,000 for NII and 13,53,000 for RII for its public offering, with a net reservation of 28,50,000 shares.

  • NII: 50%
  • RII: 50%

Holmarc Opto-Mechatronics IPO Review

With ISO 9001:2015 certification, Holmarc Opto-Mechatronics Limited is a business that designs, develops, and produces scientific equipment and gadgets for use in research, industry, and educational institutions.

In accordance with industry requirements, they have effectively developed a quality management system. The company’s mission is to create, produce, and maintain high-quality goods that continuously satisfy the demands and demands of its clients.