Harikanta Overseas
01 Jun '26SME
Min. Investment
₹2,06,400
Issue size
₹25.63 Cr
GMP
Locked
Overall subscription: 0.57x
Expert verdict
IPO dates
20 May
Opening
27 May
Closing
29 May
Allotment
01 Jun
Listing
*Refunds will be initiated on 01 Jun '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,18,400 |
Subscription (as on 26 May 2026, 12:30 PM)
Overall0.57x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2018|MD: Mr Hardik Gotawala
- Harikanta Overseas Limited is a manufacturer of synthetic textile fabrics. The company’s product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fibre fabrics. Its fabrics are primarily used for women’s wear, such as sarees, dress materials, and kurtas, while also catering to fabrics for men’s kurtas.
- The company supplies products to both domestic and international markets, with exports to countries, including Cambodia, Bahrain, Singapore, and Thailand.
- Harikanta Overseas operates a manufacturing facility in Surat, Gujarat, spread across approximately 953.93 square metres at Sai Ram Industrial Estate-2, Bamroli. The company also undertakes finishing, packaging, and quality checks for products sourced through third-party job workers when required. In addition, its wholly owned subsidiary, Harikanta Weaving Private Limited, supports manufacturing operations and job work with rapier looms and related machinery.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹86 to 91
Face value
₹10 per share
Financials
IPO reservation
QIB - 2.02%
HNI - 46.47%
Retail - 46.47%
Download DRHP (IPO Doc)FAQs
Should I apply for the Harikanta Overseas IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Harikanta Overseas IPO?
The issue size of Harikanta Overseas IPO is ₹25.63 Cr
What are the open and close dates for Harikanta Overseas IPO?
The Harikanta Overseas IPO will be open for applications from 20 May '26 to 27 May '26
What is the lot size and minimum order quantity of Harikanta Overseas IPO?
The lot size of Harikanta Overseas IPO is 1200 Shares and its minimum investment amount is ₹2,06,400.
What is the GMP value of Harikanta Overseas IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Harikanta Overseas IPO is 0
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