What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Holmarc Opto-Mechatronics Limited IPO allotment date?

The basis of allotment for Holmarc Opto-Mechatronics Limited IPO is scheduled to be finalized on 21 Sep 2023.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 22 Sep 2023.

Holmarc Opto-Mechatronics Limited

ListedSME

Engineering & Industrial Manufacturing · NSE

Holmarc Opto-Mechatronics Limited, incorporated in 1993, manufactures scientific and engineering instruments for research, industry, and education. The company designs and produces Imaging Instruments, Measuring Instruments, Spectroscopy and Analytical Instruments, Lab Instruments, Physics Lab Instruments, Opto-mechanics, Linear & Motorized Stages, and Industrial Automation products. It also develops import-substitute products like Quantum Efficiency Measurement Stations, UV Laser Marking Stations, and Raman Spectrometers for domestic and export markets. Holmarc has a manufacturing facility in Ernakulam, Kerala (~29,984 sq. ft.) and recorded revenues of Rs. 2,903.67 Lacs, Rs. 2,102.34 Lacs, and Rs. 1,553.06 Lacs in 2023, 2022, and 2021 respectively.

Price Band

₹40

Issue Size

₹11.40 Cr

Lot Size

3000 shares

GMP

₹27

+67.5%

Est. Listing

₹67

at current GMP

Subscribed

84.58x

overall

Open

15 Sep 2023

20 Sep 2023

Allotment

21 Sep 2023

Refund

22 Sep 2023

Demat Credit

23 Sep 2023

Listing

25 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Holmarc Opto-Mechatronics Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

21 Sep 2023

Basis finalization

Refunds Initiate

22 Sep 2023

Mandate release

Demat Credit

23 Sep 2023

Shares in demat

Listing Debut

25 Sep 2023

Trading begins

How to Check Holmarc Opto-Mechatronics Limited IPO Allotment Status

Click the Check on Registrar button above to visit Cameo Corporate Services Limited's allotment portal.
Select Holmarc Opto-Mechatronics Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Holmarc Opto-Mechatronics Limited Public Issue & Market Profile

Holmarc Opto-Mechatronics Limited is bringing an initial public offering (IPO) in the Engineering & Industrial Manufacturing sector with an aggregate issue size of ₹11.4 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-23, while un-allotted funds or UPI block mandates will be released on 2023-09-22.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.