Harikanta Overseas Ltd.
SMEBSE₹91–96
₹ 26 Cr
2400 Shares
₹ 2,18,400
₹10
Financial Summary
| Particulars | FY 2024-25 |
|---|---|
| 3,517.3 | |
| 33.11 | |
| 3,550.41 | |
| 2,841.76 | |
| 620.62 | |
| 446.8 |
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
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