Harsha Engineers International Limited IPO
Harsha Engineers International Limited IPO is listed on BSE and NSE, priced at ₹314–₹330 per share. The stock debuted at ₹450, delivering a listing gain of 36.4%. The IPO had a lot size of ₹45 shares and a minimum investment of ₹14,850.
Harsha Engineers International Limited
- IPO Dates
- Sep 14, 2022 – Sep 16, 2022
- Price band
- ₹314-330 per equity share
- Minimum Investment
- ₹14,850
- Issue size
- N/A shares of ₹10 (aggregating up to ₹755.00 Cr) #Fresh Issue: N/A shares of ₹10 (aggregating up to ₹455.00 Cr) #Offer for Sale: N/A shares of ₹10 (aggregating up to ₹300.00 Cr)
- Lot size
- 45
- Allotment Date
- Sep 21, 2022
- Listing
- Sep 26, 2022
- Listing At
- BSE, NSE
IPO timeline
-
Sep 14, 2022
Open Date
Completed
-
Sep 16, 2022
Close Date
Completed
-
Sep 21, 2022
Allotment Date
Completed
-
Sep 26, 2022
Listing Date
Completed
Price Summary
- Last closing
- 400.05 (21.23%)
- 52 week high
- 469.00
- 52 week low
- 313.30
- Last update
Harsha Engineers International Limited IPO Subscription Details
View Subscription DetailsHarsha Engineers International Limited IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Harsha Engineers International Limited IPO Essentials
Harsha Engineers International Limited IPO Details
Harsha Engineers International Limited IPO is priced at ₹314-330 per share with a total issue size of N/A shares of ₹10 (aggregating up to ₹755.00 Cr) #Fresh Issue: N/A shares of ₹10 (aggregating up to ₹455.00 Cr) #Offer for Sale: N/A shares of ₹10 (aggregating up to ₹300.00 Cr). The IPO has a lot size of 45 shares and is listed on BSE and NSE.
- Issue price
- ₹314-330 per equity share
- Lot size
- 45 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- N/A shares of ₹10 (aggregating up to ₹755.00 Cr)
#Fresh Issue: N/A shares of ₹10 (aggregating up to ₹455.00 Cr)
#Offer for Sale: N/A shares of ₹10 (aggregating up to ₹300.00 Cr) - Listing at
- BSE, NSE
- List price
- 450.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Axis Capital Limited, Equirus Capital Private Limited, JM Financial Consultants Private Limited
Harsha Engineers International Limited IPO Analytics
Harsha Engineers International Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Harsha Engineers International Limited IPO Subscription Status
Harsha Engineers International Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,792,950 |
3,594,780
2,396,520
1,198,260
|
8,387,730 | 16,863,795 |
|
Day 1
14-09-22 05:00 PM
|
0.06 x |
5.83x
4.92x
7.64x
|
3.22 x | 2.87 x |
|
Day 2
15-09-22 05:00 PM
|
1.63 x |
24.91x
22.38x
29.96x
|
9.14 x | 10.35 x |
|
Day 3
16-09-22 05:00 PM
|
178.26 x |
71.31x
74.78x
64.37x
|
17.53 x | 74.65 x |
Harsha Engineers International Limited Valuations
Earnings
- EPS (Post IPO)
- ₹9.09/-
Returns
- RoNW
- 10.49%
Harsha Engineers International Limited Financials( In Crs.)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 1158.25 | 981.07 | 973.24 | 195 |
| Revenue | 1339 | 876.73 | 899.5 | 117.9 |
| Profit After Tax | 91.94 | 45.44 | 21.91 | -27.41 |
Harsha Engineers International Limited Company & Offer Insights
About Harsha Engineers International Limited
Harsha Engineers International Limited is the largest manufacturer of precision bearing cages, in terms of revenue in organised sector in India. The company is a part of the Harsha Group.
The company supplies its products to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America and Africa.
The business comprises of two segments:
1. Engineering business, under which the company manufactures bearing cages (in brass, steel and polyamide materials), complex and specialised precision stamped components, welded assemblies and brass castings and cages & bronze bushings.
2. Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
As of September 30, 2021, Harsha Engineers International have been able to manufacture more than 7,205 bearing cages and more than 295 other products for customers in the automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics and renewables sectors. In addition, over the past three years company's product development and innovation centre has developed more than 1,200 products in different bearing types.
The company has five manufacturing facilities for engineering business with two manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat, India and one manufacturing unit each in Changshu, China and Ghimbav Brasov in Romania.
Harsha Engineers International Limited has three wholly owned subsidiaries, one in China -Harsha Precision Bearing Components (China) Co. Ltd, one in the United States of America -HASPL Americas Corporationand one in the Netherlands-Harsha Engineers B.V., and a stepdown subsidiary in Romania -Harsha Engineers Europe SRL.
Harsha Engineers International Limited Promoter(s)
Rajendra Shah, Harish Rangwala, Vishal Rangwala, Pilak Shah are the company's promoters of Harsha Engineers International Limited.
Harsha Engineers International Limited IPO Issue Objectives
- •
- Pre-payment or scheduled repayment of a portion of the existing borrowing availed by our Company.
- •
- Funding capital expenditure requirements towards purchase of machinery.
- •
- Infrastructure repairs and renovation of our existing production facilities including office premises in India.
- •
- General corporate purposes.
Harsha Engineers International Limited IPO - Anchor Investors
Harsha Engineers International mobilises Rs 225.74 crore from anchor investors ahead of IPO.
Marquee investors that participated in the anchor book included American Funds Insurance, Goldman Sachs, Pinebridge Global Funds, and Abu Dhabi Investment Authority.
Among others, Whiteoak Capital, HDFC Small Cap Fund, SBI MF, Franklin MF, UTI Infrastructure Fund, SBI Life Insurance, Nippon Life India Trustee, ICICI Prudential, DSP Small Cap Fund, and L&T Mutual Fund also invested in the company via anchor book.
Contact Information
Frequently Asked Questions
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Harsha Engineers International Limited IPO is a book-built IPO worth ₹N/A shares of ₹10 (aggregating up to ₹755.00 Cr) #Fresh Issue: N/A shares of ₹10 (aggregating up to ₹455.00 Cr) #Offer for Sale: N/A shares of ₹10 (aggregating up to ₹300.00 Cr). The price band is ₹314–₹330 per share. The IPO opens on Sep 14, 2022 and closes on Sep 16, 2022. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Harsha Engineers International Limited IPO is ₹314 to ₹330 per share.
The lot size of Harsha Engineers International Limited IPO is 45 shares.
The minimum investment for Harsha Engineers International Limited IPO is approximately ₹14,850 based on the upper price band .
Harsha Engineers International Limited IPO opens on Sep 14, 2022 and closes on Sep 16, 2022.
The allotment date of Harsha Engineers International Limited IPO is Sep 21, 2022.
Harsha Engineers International Limited IPO is expected to be listed on Sep 26, 2022, on BSE and NSE .
Harsha Engineers International Limited IPO listed on Sep 26, 2022. It was issued at ₹450.0(NSE) and is currently around ₹400.05 as on 14-May-2026 3:30 PM, which is approximately 21.2% versus issue price. The 52-week high is ₹469.00.
Based on listing and post-listing performance, Harsha Engineers International Limited IPO delivered around 21.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Harsha Engineers International Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Harsha Engineers International Limited IPO valuation snapshot: P/E N/A, EPS ₹9.09/-, P/B N/A, RoNW 10.49%, and market cap N/A.
To apply for Harsha Engineers International Limited 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 Harsha Engineers International Limited 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 Harsha Engineers International Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Harsha Engineers International Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Harsha Engineers International Limited IPO allotment status on IPO Ji for quick and easy access.