IPO

IPO Synopsis

Harikanta Overseas Ltd
Registered Office: 28 Sairam Ind Estate,Bamroli , Surat - 394107 , Gujarat , India.
Phone : +91 98986 82560   Fax:
Email :  info@harikantaoverseas.com  
Website :  www.harikantaoverseas.com
Initial public issue of upto 26,70,000 equity shares of face value of Rs10/- each of Harikanta Overseas Limited ("HOL" or the "Company" or the Issuer") for cash at a price of Rs86-Rs91 per equity share including a share premium of Rs76-Rs81 per equity share (the "Issue Price") aggregating to Rs22.96-Rs24.30 ("the Issue"), of which 1,34,400 equity shares of face value of Rs10/- each for cash at a price of Rs86-Rs91 per equity share including a share premium of Rs76-Rs81per equity share aggregating to Rs1.16-Rs1.22 will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 25,35,600 equity shares of face value of Rs10/- each at a price of Rs86-Rs91 per equity share aggregating to Rs21.81-Rs23.07 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.06% and 25.70% respectively of the post issue paid up equity share capital of the company. Price Band: Rs86/- to Rs91/- per equity share of face value Rs10/- each. The floor price is 8.6 times of the face value and the cap price is 9.1 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
22-May-26 27-May-26 Rs 86.00-91.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Interactive Financial Services Limited
Project Financed through Current Offer 22.96
Post Issue Equity Share Capital 9.87
Issue Price Rs 86.00
Projects
Capital Expenditure for Factory Premises Working Capital
Capital Expenditure for Plant and Machineries General corporate purposes
Promoted By Listing At Registrar to the Issue
  Hardik Gotawala
  Abhishek Gotawala
  Nilesh Gotawala
 BSE - SME
No Data Found.
Tuesday, May 26, 2026 01:40:00 PM
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