- CEO
- Jolly Cyriac
- Full Time Employees
- 359
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Manath Tower Kochi KE India 682033
- IPO Date
- Sep 25, 2023
- Business
- Holmarc Opto-Mechatronics Ltd. (HOLMARC.NS) manufactures a wide range of scientific and engineering instruments for research, industry, and education, with applications spanning space science, nuclear research, life sciences, biomedical engineering, factory automation, precision manufacturing, food and agricultural technology, photonics, nanotechnology, and atmospheric science. The company's core products include imaging instruments such as automated microscopes, digital inline holography microscopes, and UV laser maskless lithography systems; measuring instruments like contact angle meters, probe stations, and thermocyclers; spectroscopy equipment encompassing UV-VIS-IR spectrophotometers, research-grade Raman spectrometers, confocal micro-Raman spectrometers, and light beam induced current (LBIC) measurement systems; analytical instruments including spectroscopic ellipsometers, quantum efficiency measurement stations, and photo detector systems; laboratory equipment such as laminar flow work tables, solar simulators, and nanofiber electrospinning units; physics lab instruments; opto-mechanics comprising breadboards, tabletops, linear and rotation stages, motorized stages, and optics components like cylindrical lenses; and industrial automation solutions. Additional offerings feature thin film coating systems, holographic systems, 2D material transfer systems, and import substitutes such as automated rotary antenna positioners and UV ozone cleaners.
Holmarc Opto-Mechatronics Ltd., founded in 1993 and headquartered in Kochi, Kerala, India, at B-7, HMT Industrial Estate, Kalamassery, operates a manufacturing facility spanning approximately 29,984 square feet in Ernakulam, with a workforce of around 343 employees as of March 2024. The company serves domestic customers including premier institutions like Indian Institute of Science Bangalore, Defence Institute of Advanced Technology Pune, IITs, IISc, DRDO, ISRO, and BARC, alongside exports to over 35 countries, primarily in the US (29 unique buyers), Canada, and APAC regions, accounting for about 20% of sales in FY2024. It maintains an ISO 9001:2015 certification and provides maintenance, modification support, and after-sales service for all products.
In recent developments, the company successfully completed its initial public offering (IPO) on the NSE SME platform in September 2023, raising Rs. 11.40 crore through 28,50,000 equity shares at Rs. 40 per share, oversubscribed 84.52 times, with funds allocated for capital expenditure on machinery like CNC machines (inaugurated October 2024), working capital, and production capacity expansion from Rs. 3 crore to Rs. 5 crore per month by April 2025. Post-IPO, Holmarc has pursued phased capacity enhancements, added 12,000 sq. ft. of leased manufacturing space since January 2024, recruited and trained personnel, established a new marketing department, and initiated a sales and service office in the UAE for Middle East and African markets while expanding online stores and dealership networks to target 50% export sales by FY2028. New product launches in FY2024 include automated multi-wavelength laser scribing/ablation/cutting stations, UV laser maskless lithography systems, 2D material transfer systems, confocal fluorescence correlation spectrometers, research-grade upright Raman/PL microscopes, and developments underway for PCR and RT-PCR machines to enter biotechnology; the company also invested in precision surface grinding machines and participated in trade fairs like INTEC 2024, India Lab Expo, and Pharmalabchem Expo to boost visibility. These initiatives supported 15.24% revenue growth to Rs. 33.46 crore and 12.18% profit before tax increase to Rs. 4.57 crore in FY2024.