IPO Details

Bidding Dates

15 Sep '23 - 20 Sep '23

Minimum Investment

₹120,000 / 1 Lots ( 3000 Shares )

Price Range


Maximum Investment

₹120,000 / 1 Lots ( 3000 Shares )

Retail Discount

Not Applicable

Issue Size

₹11.40 Cr

Investor category and sub category

Non-Institutional Buyers  |   Retail Investors  |  

Holmarc Opto-Mechatronics IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Sep 15, 2023

IPO Closing Date

Sep 20, 2023

Basis of Allotment

Sep 25, 2023

Initiation of Refunds

Sep 26, 2023

Credit of Shares to Demat Account

Sep 27, 2023

IPO Listing Date

Sep 28, 2023

UPI mandate confirmation

Sep 20, 2023

Holmarc Opto-Mechatronics IPO Subscription Details


Day 1Sep 15, 2023

2.51 1.44

Day 2Sep 18, 2023

2.72 8.37

Day 3Sep 20, 2023

40.28 28.13

Holmarc Opto-Mechatronics IPO Subscription Live Status

Investor Category Subscription (Times)
Non-Institutional Buyers 2.72
Retail Investors 14.00
Total 8.37

About Holmarc Opto-Mechatronics Ltd.

Holmarc Opto-Mechatronics Ltd was incorporated in the year 1993. It manufactures a variety of scientific and engineering instruments for research, industry and education e.g. instruments for imaging, measuring, Spectroscopy, analytical instruments, lab instruments, breadboard/table tops, Opto-mechanics, Optics, Linear & Rotation Stages, etc. Of these, breadboard/table tops provides the highest revenue share, at around 21.7% of total revenue in FY 2022-23.

Holmarc’s unique products also include Robotic Thin Film Coating System popularly known as Silar Coating Unit, Automated Spray Pyrolysis System for solar cells,Tribo-electric Measurement Station for load cell testing, LBIC and PL (Laser Beam Induced Current Measurement and Photo-Luminescence) system, among others.

One of the unique characteristics of Holmarc is the maintenance and modification support that they give for all their products as long as their customer needs it irrespective of warranty or year of purchase. It maintains a wide network with all major research and educational institutes in India. 

The electrical equipment market in India is expected to increase by US$ 33.74 billion from 2021 to 2025, at a CAGR of 9%. The engineering R&D and product development market in India is forecast to post a CAGR of 12% to reach US$63 billion by 2025, from US$ 31 billion in 2019. Therefore, the company may take advantage of a steady expansion of its market in the coming years.

Holmarc Opto-Mechatronics Ltd IPO Details

Holmarc Opto-Mechatronics Ltd IPO Date

Retail investors can bid for the Holmarc Opto-Mechatronics IPO that will be open between September 15, 2023 and September 20, 2023. The IPO will be listed on the NSE SME exchange on Monday, September 28, 2023.

Holmarc Opto-Mechatronics Ltd IPO Price Band

Holmarc Opto-Mechatronics is a fixed price IPO with a price range of ₹40 per share.

Holmarc Opto-Mechatronics Ltd IPO Lot Size

The Holmarc Opto-Mechatronics Ltd IPO has a lot size of 3,000 shares. Therefore, the minimum investment for retail investors will be around ₹1,20,000.

Holmarc Opto-Mechatronics Ltd IPO Objectives 

The net proceeds of the fresh issue are proposed to be utilised in the following manner:

  1. Funding capital expenditure towards the purchase of additional plant & machinery.
  2. To meet the working capital requirements.
  3. Meet the issue expenses.
  4. General corporate purposes

Peer Details

Holmarc does not have any listed peer companies for comparison of performance.

How to Check the Allotment Status of the Holmarc Opto-Mechatronics Ltd IPO?

A: Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the individual order details page of the IPO that you had applied for. 
  • Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.

Contact Details of Holmarc Opto-Mechatronics Ltd 

Registered office: 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

Holmarc Opto-Mechatronics Company Financials

Financial year FY23 (₹ in lakh) FY22 (₹ in lakh) FY21 (₹ in lakh)
Total Revenue 2,918.44 2,117.84 1,573.34
Profit After Tax (PAT) 356.14 155.19 68.80
Current Ratio 4.13 3.16 2.61
Return on Capital Employed 33% 23.05% 13.09%
Debt Service Coverage Ratio 9.14 6.04 3.80

Know before investing


  1. Holmarc’s operations are well diversified. Its highest-selling product gives only 21% of its revenue. Its top 10 suppliers provide only around 39% of its raw materials.

  2. In the last 3 years, Holmarc has consistently improved its financials at a commendable rate. Solvency, debt servicing and profitability have all improved.

  3. They are led by their two promoters who individually have over 3 decades of experience in the industry.


  1. The company is in a field where the technology changes very quickly. With a wide range of products, the company runs the risk of not being able to invest in adequate R&D for each of its products and hence lose market share in multiple product lines.

  2. The business is dependent on the continuing relationships with the customers. The company neither has any long-term contract with any customer nor has any marketing tie-up for their products.

  3. They have only one manufacturing facility. This may be an operational risk as their operations are dependent on one source of production only.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Holmarc Opto-Mechatronics IPO FAQs

What is Holmarc Opto-Mechatronics Ltd's IPO?

Holmarc Opto-Mechatronics  IPO is a fixed price fresh issue IPO with a price range of ₹40 per share. The issue opens on September 15, 2023.  


When will Holmarc Opto-Mechatronics Ltd's IPO be allotted?

The allotment will happen on September 25, 2023.

When will Holmarc Opto-Mechatronics Ltd's IPO open for subscription?

The IPO subscription window will open on September 15, 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot, which consists of 3,000 shares.

When will Holmarc Opto-Mechatronics Ltd list on exchanges?

Holmarc Opto-Mechatronics Ltd IPO will be listed on the NSE SME on September 28th, 2023.

How do I check the allotment status of the Holmarc Opto-Mechatronics Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the individual order details page of the IPO that you had applied for. 
  • Check the IPO allotment status as such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.

What would be the listing gains on the Holmarc Opto-Mechatronics Ltd IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is September 28th, 2023, for Holmarc Opto-Mechatronics Ltd.

I have finished the application process for the Holmarc Opto-Mechatronics Ltd IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Holmarc Opto-Mechatronics Ltd's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Holmarc Opto-Mechatronics Ltd using one PAN?

You can submit only one application using your PAN card.