SME • IPO

Harikanta Overseas IPO (Bse Sme) IPO

Minimum Investment

₹115,200

Price Range

₹91 to ₹96

Lot Size

1200 shares

Issue Size

₹26 Cr

About the Company

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.

Issue Type

Bookbuilding IPO

IPO Objectives

  • Capital Expenditure for Factory premises
  • Capital Expenditure for purchase of machineries,Working Capital Requirement
  • General Corporate Purpose

Important Dates

Bid/Offer Opens On20-05-2026
Bid/Offer Closes On22-05-2026
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

IPO Subscription Status

Subscription snapshot as of 27-05-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 54,000 1,152,000 21.33x
NII 1,240,800 997,200 0.80x
NII ( >10 lakh) 826,800 880,800 1.07x
NII ( <10 lakh) 414,000 116,400 0.28x
Retail 1,240,800 816,000 0.66x
Total 2,535,600 2,965,200 1.17x

Grey Market Premium (GMP)

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers

  • Interactive Financial Services Ltd.

Company Promoters

  • Hardik Gotawala
  • Abhishek Gotawala
  • and Nilesh Gotawala are the company promoters.