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Home All IPOs Harikanta Overseas Ltd. IPO
Harikanta Overseas Ltd. IPO
BSE SME Bookbuilding IPO Fresh capital only Closed
GMP +₹0 +0% Est. Listing ₹96
Issue Price
₹96
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹96
GMP based
Subscribed
1.12
⚠️ Moderate
Min Amount
₹115,200
1 lot · 1,200 shares
Lot Size
1,200
shares / lot
Allotment
Important Dates
3/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 May 2026
Wed Completed
Done
Close Date
27 May 2026
Wed Completed
Done
Allotment
29 May 2026
Fri Completed
Soon
Refund
01 Jun 2026
Mon Upcoming
Soon
Demat Credit
01 Jun 2026
Mon Upcoming
Soon
Listing Date
02 Jun 2026
Tue Upcoming
Issue Details
Pricing & Size
Issue Price
₹96 Face ₹10
Lot Size
1,200 shares
Min Investment
₹115,200
Total Issue Size
26,70,000 shares (agg. up to ₹26 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,34,400
QIB Portion
54000.00
NII / HNI
1240800.00
Retail
1240800.00
Employee
-
Net Offer to Public
25,35,600 shares (agg. up to ₹24 Cr)
Shareholding Pattern
Pre-Issue Shareholding
71,95,740 shares
Post-Issue Shareholding
98,65,740 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,400 ₹2,30,400
HNI / NII 3 3,600 ₹3,45,600
Objects of Issue
4 objectives
1
Capital Expenditure for Factory premises
5.40 Cr
2
Capital Expenditure for purchase of machineries
9.33 Cr
3
Working Capital Requirement
4.75 Cr
4
General Corporate Purpose
Lead Managers & Market Maker
Book Running Lead Managers
Interactive Financial Services Ltd.
Market Maker
Aftertrade Broking Pvt.Ltd
IPO Timeline
Open
20 May
✓ Done
Close
27 May
✓ Done
Allotment
29 May
✓ Done
Listing
02 Jun
Upcoming
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@harikantaoverseas.com
Phone
+919898682560
Address
28, Sairam Ind Estate Bamroli Surat, Gujarat, 394107
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹96
Est. Listing
₹96
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
1.12
Overall Sub.
⚠️ Moderate
21.33
QIB
0.66
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 21.33× 54,000 11,52,000 ₹0.52 Cr
NII / HNI (Total) 0.70× 12,40,800 8,62,800 ₹11.91 Cr
Retail Investors 0.66× 12,40,800 8,16,000 ₹11.91 Cr
Total ** 1.12× 25,35,600 28,30,800 ₹24.34 Cr
Market Maker * 1,34,400 1,34,400 ₹1.29
* Based on ₹96.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
54,000
NII
12,40,800
Retail
12,40,800
Market Maker
1,34,400
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Nov 202531 Mar 2025
Revenue26.2835.50
PAT5.094.47
EBITDA7.356.72
Net Worth18.7713.79
Total Assets32.5123.12
Reserves11.6813.79
Borrowings2.8713.79
Key Financial Ratios
31.15
ROE
Return on Equity
31.99
ROCE
Return on Capital Employed
27.10
RONW
Return on Net Worth
19.50
PAT Margin
PAT / Revenue
27.97
EBITDA Mgn
EBITDA / Revenue
0.15
D/E Ratio
Debt to Equity
3.68
P/BV
Price to Book Value
6.21
Pre EPS
EPS Pre-Issue
7.73
Post EPS
EPS Post-Issue
14.66
Pre P/E
P/E Pre-Issue
11.77
Post P/E
P/E Post-Issue
About Harikanta Overseas Ltd.

Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product range includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supply fabrics for women’s wear such as sarees, dress materials, and kurtas, while also offering fabrics for men’s kurtas.

The company has set up a manufacturing unit in Surat, Gujarat, spread across 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli. The company also export products to Bahrain, Singapore, and Thailand, while serving key domestic markets such as Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.

As on August 31, 2025, the company has 42 permanent employees.

Competitive Strengths

  • Quality Products
  • Efficient production process
  • Customization and flexibility
  • Global Reach and Export Capability
  • Range of Products
Frequently Asked Questions
What is the issue price of Harikanta Overseas Ltd. IPO?
The issue price of Harikanta Overseas Ltd. IPO is ₹96 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹115,200.
What are the IPO dates?
Opens 20 May 2026, closes 27 May 2026.
When is the listing date?
Tentative listing: 02 Jun 2026 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹96 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Harikanta Overseas Ltd. IPO · Expected 29 May 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
29 May 2026
Refund Initiation
01 Jun 2026
Demat Credit
01 Jun 2026
Listing Date
02 Jun 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹96
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹115,200
1 lot
Est. Listing
₹96
GMP +₹0
Subscription
Overall1.12×
QIB21.33×
NII0.70×
Retail0.66×
Key Dates
Open
20 May Done
Close
27 May Done
Listing
02 Jun Soon
Registrar
Bigshare Services Pvt.Ltd
A
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