Also Read: Cellecor Gadgets IPO: Issue booked 11.5 times so far on day 2: check subscription status, latest GMP, other details Holmarc Opto-Mechatronics IPO opened for public subscription on September 15 and will close on September 20. The IPO share allotment is likely to be fixed on September 25 and refunds are expected to be initiated on September 26, while credit of shares in the demat accounts of eligible allottees may take place on September 27. Holmarc Opto-Mechatronics shares are expected to list on NSE SME on Thursday, September 28.
Holmarc IPO price band has been fixed at ₹40 per share. The public offer is entirely a fresh issue of 28.50 lakh equity shares. Holmarc Opto-Mechatronics Ltd plans to raise ₹11.40 crore from the public offer.
Holmarc IPO lot size is 3,000 shares and the minimum investment amount required by retail investors is ₹120,000. Finshore Management Services is the book running lead manager of the Holmarc Opto-Mechatronics IPO, while Cameo Corporate Services is the IPO registrar. Also Read: Holmarc Opto-Mechatronics IPO fully subscribed on first day; Check subscription status, GMP, other details of SME IPO Holmarc Opto-Mechatronics IPO GMP today, or grey market premium today, is ₹5 per share, as per market observers.Read more on livemint.com