Harshdeep Hortico Limited IPO
Harshdeep Hortico Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹42–₹45 per share. The stock debuted at ₹70, delivering a listing gain of 55.6%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,35,000.
Harshdeep Hortico Limited IPO
- IPO Dates
- Jan 29, 2024 – Jan 31, 2024
- Price band
- ₹42-45 per equity share
- Minimum Investment
- ₹1,35,000
- Issue size
- ₹19.09 Cr
- Lot size
- 3000
- Allotment Date
- Feb 1, 2024
- Listing
- Feb 5, 2024
- Listing At
- BSE SME
IPO timeline
-
Jan 29, 2024
Open Date
Completed
-
Jan 31, 2024
Close Date
Completed
-
Feb 1, 2024
Allotment Date
Completed
-
Feb 5, 2024
Listing Date
Completed
Harshdeep Hortico Limited IPO Essentials
Harshdeep Hortico Limited IPO Details
Harshdeep Hortico Limited IPO is priced at ₹42-45 per share with a total issue size of 19.09 crore. The IPO has a lot size of 3000 shares and is listed on BSE SME.
- Issue price
- ₹42-45 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,242,000 shares(aggregating up to ₹19.09 Cr)
- Total issue size
- 42,42,000 shares
(aggregating up to ₹19.09 crore) - Fresh issue
- 42,42,000 shares
(aggregating up to ₹19.09 crore) - Listing at
- BSE SME
- List price
- 70.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,35,000 |
| Retail(max) | 1 | 3000 | ₹1,35,000 |
| NII (min) | 2 | 6,000 | ₹2,70,000 |
Harshdeep Hortico Limited IPO Reservation
Harshdeep Hortico Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,642,000 shares, approximately 5.6% are reserved for QIB, 16.64% for NII, 38.71% for retail investors, 5.93% for market maker, and 33.11% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,206,000 (33.11%) | |
| Market Maker Shares Offered | 216,000 (5.93%) | |
| QIB Shares Offered | 204,000 (5.6%) | |
| NII (HNI) Shares Offered | 606,000 (16.64%) | |
| Retail Shares Offered | 1,410,000 (38.71%) | |
| Total Shares Offered | 3,642,000 (100%) |
Harshdeep Hortico Limited IPO Analytics
Harshdeep Hortico Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Harshdeep Hortico Limited IPO Subscription Status
Harshdeep Hortico 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 | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 804,000 / 822,000* | 1,410,000 | 3,036,000 |
|
Day 1
29-01-24 06:00 PM
|
(8.72 / 1.44) x | 3.10 x | 3.16 x |
|
Day 2
30-01-24 06:00 PM
|
(14.32 / 17.03) x | 21.46 x | 19.59 x |
|
Day 3
31-01-24 06:00 PM
|
(54.18 / 134.40) x | 98.25 x | 96.36 x |
Harshdeep Hortico Limited Valuations
Earnings
- EPS Post IPO
- ₹3.3/-
- P/E Post IPO
- 13.62
Harshdeep Hortico Limited Financials( In Lakhs)
| 31-Jul-23 | |
|---|---|
| Assets | 3,059.49 |
| Revenue | 1,482.84 |
| Profit After Tax | 177.24 |
| Net Worth | 1,325.82 |
| Reserves & Surplus | 1,318.85 |
| Total Borrowing | 636.82 |
Harshdeep Hortico Limited Company & Offer Insights
About Harshdeep Hortico Limited
Harshdeep Hortico Limited designs, manufactures, and provides pots and planters that cater both to indoor and outdoor use.
The company's products portfolio includes indoor plastic planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, eco-series planters, etc. and accessories like garden hose pipes and water canisters, among others.
Recently the company also ventured in Roto Moulded Outdoor Furniture.
Harshdeep Hortico has two manufacturing facilities in Bhiwandi and Pune with an area of approximately 93769 sq. ft. and 40000 sq. ft. respectively. The company has three stores in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh), four distributors in Hyderabad, Kolkata, Chandigarh and Visakhapatnam. The company also happens to have an online presence through the Amazon and Flipkart platforms as well as the Facebook and Instagram social media platforms.
Customers of the company belong to 27 states and union territories in India and other countries like Djibouti, East Africa, the United Kingdom, Nepal, etc.
As on September 30, 2023, more than 125 people were working in the company.
Harshdeep Hortico Limited Promoter(s)
Mr. Hitesh Chunilal Shah are the company's promoters of Harshdeep Hortico Limited.
Harshdeep Hortico Limited IPO Issue Objectives
- •
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
- •
- To meet Working Capital requirements
- •
- General Corporate Purpose
Contact Information
Contact Details
Harshdeep Hortico Limited
+91-94245-04224
Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane - 421302
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Harshdeep Hortico Limited IPO is a book-built IPO worth ₹19.09 crore. The price band is ₹42–₹45 per share. The IPO opens on Jan 29, 2024 and closes on Jan 31, 2024. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Harshdeep Hortico Limited IPO is ₹42 to ₹45 per share.
The lot size of Harshdeep Hortico Limited IPO is 3000 shares.
The minimum investment for Harshdeep Hortico Limited IPO is approximately ₹1,35,000 based on the upper price band .
Harshdeep Hortico Limited IPO opens on Jan 29, 2024 and closes on Jan 31, 2024.
The allotment date of Harshdeep Hortico Limited IPO is Feb 1, 2024.
Harshdeep Hortico Limited IPO is expected to be listed on Feb 5, 2024, on BSE SME Platform.
Harshdeep Hortico Limited IPO valuation snapshot: P/E 13.62, EPS ₹3.3/-, P/B N/A, RoNW %, and market cap N/A.
To apply for Harshdeep Hortico 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 Harshdeep Hortico 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 Harshdeep Hortico Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Harshdeep Hortico Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Harshdeep Hortico Limited IPO allotment status on IPO Ji for quick and easy access.