Harikanta Overseas IPO
Harikanta Overseas is a BSE SME IPO listed on the BSE SME platform, priced at ₹86–₹91 per share. The stock debuted at ₹79.75. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,18,400.
Harikanta Overseas Limited IPO
- IPO Dates
- May 20, 2026 – May 27, 2026
- Price band
- ₹86-91 per equity share
- Minimum Investment
- ₹2,18,400
- Issue size
- ₹24.3 Cr
- Lot size
- 1200
- Allotment Date
- May 29, 2026
- Listing
- Jun 2, 2026
- Listing At
- BSE SME
IPO timeline
-
May 20, 2026
Open Date
Completed
-
May 27, 2026
Close Date
Completed
-
May 29, 2026
Allotment Date
Completed
-
Jun 2, 2026
Listing Date
Completed
Harikanta Overseas IPO Subscription Details
View Subscription DetailsHarikanta Overseas IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Harikanta Overseas IPO Essentials
Harikanta Overseas IPO Details
Harikanta Overseas IPO is priced at ₹86-91 per share with a total issue size of 24.3 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹86-91 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 26,70,000 shares(agg. up to ₹24.30 Cr)
- Total issue size
- 26,70,000 shares
(aggregating up to ₹24.3 crore) - Fresh issue
- 26,70,000 shares
(aggregating up to ₹24.3 crore) - Listing at
- BSE SME
- List price
- 79.75
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
Interactive Financial Services Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,18,400 |
| Individual(max) | 2 | 2,400 | ₹2,18,400 |
| sHNI(min) | 3 | 3,600 | ₹3,27,600 |
| sHNI(max) | 9 | 10,800 | ₹9,82,800 |
| sHNI(min) | 9 | 12,000 | ₹10,92,000 |
Harikanta Overseas IPO Reservation
Harikanta Overseas IPO reservation details show category-wise allocation of shares. Out of the total 2670000 shares, approximately 2.02% are reserved for QIB, 46.47% for NII, 46.47% for retail investors, and 5.03% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 134400 (5.03%) | |
| QIB Shares Offered | 54000 (2.02%) | |
| NII (HNI) Shares Offered | 1240800 (46.47%) | |
| bHNI > ₹10L | 828800 (30%) | 230 |
| sHNI < ₹10L | 414400 (15%) | 115 |
| Individual Shares Offered | 1240800 (46.47%) | 517 |
| Total Shares Offered | 2670000 (100%) |
Harikanta Overseas IPO Analytics
Harikanta Overseas IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Harikanta Overseas IPO Subscription Status
Harikanta Overseas IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 1.17x, indicating moderate demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 54,000 |
12,40,800
8,28,800
4,14,400
|
12,40,800 | 25,35,600 |
|
Day 1
20-05-26 05:00 PM
|
1.00 x |
0.11x
0.16x
0.00x
|
0.05 x | 0.10 x |
|
Day 2
21-05-26 05:00 PM
|
1.00 x |
0.12x
0.16x
0.02x
|
0.09 x | 0.12 x |
|
Day 3
22-05-26 05:00 PM
|
1.00 x |
0.29x
0.36x
0.16x
|
0.32 x | 0.32 x |
|
Day 4
25-05-26 05:00 PM
|
11.18 x |
0.37x
0.48x
0.16x
|
0.34 x | 0.59 x |
|
Day 5
26-05-26 05:00 PM
|
11.18 x |
0.54x
0.72x
0.18x
|
0.40 x | 0.70 x |
|
Day 6
27-05-26 05:00 PM
|
21.33 x |
0.80x
1.06x
0.28x
|
0.66 x | 1.17 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 389 (Approx) | 0.07x | 0.25x | 0.66x |
Harikanta Overseas Valuations
Earnings
- EPS Pre IPO
- ₹6.21/-
- EPS Post IPO
- ₹7.73/-
- P/E Pre IPO
- 14.66
- P/E Post IPO
- 11.77
Returns
- ROE
- 31.15%
- ROCE
- 31.99%
- RoNW
- 27.10%
- PAT Margin
- 19.50%
Fundamentals
- Debt / Equity
- 0.15
- Price / Book
- 3.68
- Market Cap
- ₹89.78 Cr.
Harikanta Overseas Financials( In Crs.)
| 30-Nov-25 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 32.51 | 23.12 | N/A |
| Revenue | 26.28 | 35.50 | N/A |
| Profit After Tax | 5.09 | 4.47 | N/A |
| Net Worth | 18.77 | 13.79 | N/A |
| Reserves & Surplus | 11.68 | 6.59 | N/A |
| Total Borrowing | 2.87 | 3.26 | N/A |
Harikanta Overseas Company & Offer Insights
About Harikanta Overseas
Harikanta Overseas was established in the year 2018, which specializes in the manufacture of artificial textiles. The products include Ikat fabric, polyester garments fabric, saree fabric, dhupion fabric, poly linen, and natural fiber fabric. The primary customers of the company are women who require fabrics for sarees, dress materials, and kurtas, along with those used for men's kurtas.
The company has manufactured an industry that occupies 953.93 sq. meters in Sai Ram Industrial Estate-2, Bamroli, Surat. The company also exports its products to Bahrain, Singapore, and Thailand, along with important domestic markets like Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.
As of August 31, 2025, the company employs 42 permanent workers.
Harikanta Overseas Promoter(s)
Hardik Gotawala, Abhishek Gotawala, Nilesh Gotawala are the company's promoters of Harikanta Overseas.
Harikanta Overseas IPO Issue Objectives
- •
- Capital Expenditure for Factory premises
- •
- Capital Expenditure for purchase of machineries
- •
- Working Capital Requirement
- •
- General Corporate Purposes
Contact Information
Contact Details
Harikanta Overseas
+91 9898682560
28, Sairam Ind Estate, Bamroli, Surat, Gujarat - 394107.
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Harikanta Overseas IPO is a book-built IPO worth ₹24.3 crore. The price band is ₹86–₹91 per share. The IPO opens on May 20, 2026 and closes on May 27, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The price band of Harikanta Overseas IPO is ₹86 to ₹91 per share.
The lot size of Harikanta Overseas IPO is 1200 shares.
The minimum investment for Harikanta Overseas IPO is approximately ₹2,18,400 based on the upper price band .
Harikanta Overseas IPO opens on May 20, 2026 and closes on May 27, 2026.
The allotment date of Harikanta Overseas IPO is May 29, 2026.
Harikanta Overseas IPO is expected to be listed on Jun 2, 2026, on BSE SME Platform.
Harikanta Overseas IPO valuation snapshot: P/E 11.77, EPS ₹7.73/-, P/B 3.68, RoNW 27.10%, and market cap ₹89.78 Cr.
To apply for Harikanta Overseas IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Harikanta Overseas IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Harikanta Overseas IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Harikanta Overseas IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Harikanta Overseas IPO allotment status on IPO Ji for quick and easy access.