Harikanta Overseas Ltd.
SMEBSE₹91–96
₹ 26 Cr
2400 Shares
₹ 2,18,400
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 4,608.14 | 3,517.32 | |
| 64.4 | 32.5 | |
| 4,672.54 | 3,549.82 | |
| 3,563.3 | 2,846.02 | |
| 929.28 | 616.34 | |
| 713.62 | 442.31 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
20 May 2026
IPO Offer Ends
27 May 2026
2 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Capital Expenditure for Factory Premises | 54.03 |
| 2 | Capital Expenditure for Plant and Machineries | 93.25 |
| 3 | Working Capital | 47.5 |
Promoters
Book Running Lead Managers
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
IPO Registrar
Bigshare Services Pvt Ltd
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
Harikanta Overseas Ltd. Latest News
News
Harikanta Overseas informs about resignation of statutory auditor
Harikanta Overseas informs about trading window closure
Harikanta Overseas coming with IPO to raise up to Rs 25.63 crore
The issue will open on May 20, 2026 and will close on May 22, 2026
IPO FAQs
The Harikanta Overseas Ltd. IPO has a total of ₹26 crore, calculated at the upper end of the .
The Harikanta Overseas Ltd. IPO is priced at ₹91–96 per share. bids must fall within this , against a of ₹10 per share.
The for the Harikanta Overseas Ltd. IPO is 2,400 shares, which is also the minimum order quantity — you have to apply for at least 2,400 shares, and in multiples of 2,400 beyond that.
The minimum investment in the Harikanta Overseas Ltd. IPO is about ₹2,18,400 — one lot of 2,400 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Harikanta Overseas Ltd. opens on 20 May 2026 and closes on 27 May 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Harikanta Overseas Ltd. shares were listed on 2 Jun 2026 on BSE.
Bigshare Services Pvt Ltd is the for the Harikanta Overseas Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Harikanta Overseas Ltd. IPO shares are listed on BSE.
Each Harikanta Overseas Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 96.87% of Harikanta Overseas Ltd. before the IPO, which falls to 70.66% after the issue.
26,70,000 shares of Harikanta Overseas Ltd. are being offered to the public in this issue.
The Harikanta Overseas Ltd. IPO has been subscribed 1.11x overall — 21.33x, 0.73x and 0.66x.
figures update through the issue period until it closes.
- 1.Capital Expenditure for Factory premises
- 2.Capital Expenditure for purchase of machineries
- 3.Working Capital Requirement
- 4.General Corporate Purpose
Interactive Financial Services Ltd. is the book running lead manager for the Harikanta Overseas Ltd. IPO.
Pre-apply means placing your Harikanta Overseas Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Harikanta Overseas Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Harikanta Overseas Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.