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

Projects

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