IPO

Find the Right IPO for your investment Needs

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 26,70,000 equity shares of face value of Rs.10/- each of Harikanta Overseas Limited ("HOL" or the "Company" or the "Issuer") for cash at a price of Rs. 91 per equity share including a share premium of Rs. 81 per equity share (the "Issue Price") aggregating to Rs. 24.30 ("the Issue"), of which 1,34,400 equity shares of face value of Rs.10/- each for cash at a price of Rs. 91 per equity share including a share premium of Rs. 81 per equity share aggregating to Rs. 1.22 Crores 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 Rs.10/- each at a price of Rs. 91 per equity share aggregating to Rs. 23.07 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: Rs. 91/- per equity share of face value Rs. 10/- each. The floor 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
20-May-26 27-May-26 91.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 20.79 Interactive Financial Services Limited
Project Financed through Current Offer 24.30  
Post Issue Equity Share Capital 9.87  
Issue Price 91.00  

Project

  • Capital Expenditure for Factory Premises
  • Capital Expenditure for Plant and Machineries
  • Working Capital
  • General corporate purposes

Promoted By

Hardik Gotawala

Abhishek Gotawala

Nilesh Gotawala

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd