Harikanta Overseas Ltd.
SMEPrice Range
₹91–96
Issue Size
₹ 26 Cr
Lot Size
2400 Shares
Min. Investment
₹ 2,18,400
Financial Summary
(in crores)| Particulars | FY 2024-25 |
|---|---|
| Operating Revenue | 3,517.3 |
| Other Income | 33.11 |
| Total Income | 3,550.41 |
| Total Expenses | 2,841.76 |
| Profit Before Tax | 620.62 |
| Total Profit | 446.8 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
20 May 2026
IPO Offer Ends
27 May 2026
Listing Date
2 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Capital Expenditure for Factory Premises | 54.03 |
| 2 | Capital Expenditure for Plant and Machineries | 93.25 |
| 3 | Working Capital | 47.5 |
Promoters
Promoter Shareholding
Pre-IPO
96.87%
Promoter stake
Post-IPO
70.66%
Promoter stake
Offered to Public
26,70,000
shares
Post Share Capital
69,70,740
shares
About the Company
Our Company is engaged in the manufacturing of Synthetic textile fabrics. Our product portfolio includes Ikatfabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber. We primarily caterfabric to women’s wear, producing fabrics for sarees, dress materials, and kurtas, while also offering fabrics formen’s kurtas. Although our fabrics have multiple end uses, the majority of them are utilized in the manufacturingof different types of sarees.
Use of Proceeds
1. Capital Expenditure for Factory premises2. Capital Expenditure for purchase of machineries3. Working Capital Requirement4. General Corporate Purpose