Harikanta Overseas Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

20 May 2026

Close Date

27 May 2026

Allotment

29 May 2026

Listing Date

02 Jun 2026

Exchange

BSE SME

Price Band

₹96

Listing Price

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Allotment Status

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Price Band

₹96

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

26,70,000 shares (agg. up to ₹26 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹115,200

1 lot

Pre-IPO Holding

71,95,740 shares

Promoters

Post-IPO Holding

98,65,740 shares

Promoters

P/E (Pre)

14.66x

P/E (Post)

11.77x

EPS (Pre)

₹6.21

EPS (Post)

₹7.73

UPI Deadline

5:00 PM on 27 May 2026

Mandate

Anchor AllotmentTue, 19 May 2026

Basis of AllotmentFri, 29 May 2026

Refund InitiationMon, 01 Jun 2026

Demat CreditMon, 01 Jun 2026

Listing DayTue, 02 Jun 2026

UPI Mandate Deadline5:00 PM on 27 May 2026

Sale TypeFresh capital only

Net Offer to Public25,35,600 shares (agg. up to ₹24 Cr)

Market Maker Quota1,34,400 shares (agg. up to ₹1 Cr)

Fresh Issue Shares25,35,600 shares (agg. up to ₹24 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Harikanta Overseas Ltd. IPO subscribed 1.12 times overall. Retail: 0.66x. QIB: 21.33x. NII: 0.70x. By 27 May 2026.

QIB

21.33x

Over

NII/HNI

0.70x

Retail

0.66x

Total

1.12x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	134,400	—	₹1.29
QIB	Over 21.33x	54,000	—	₹0.52
NII / HNI	0.70x	1,240,800	—	₹11.91
Retail	0.66x	1,240,800	—	₹11.91
Total	1.12x	2,535,600	100%	₹24.34

IPO Shares Offered

Harikanta Overseas Ltd. IPO total issue size: ₹24.34 Cr. Retail: ₹11.91 Cr. QIB: ₹0.52 Cr. NII: ₹11.91 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
QIB	54,000	₹0.52	2.13%
Market Maker	134,400	₹1.29	5.30%
NII	1,240,800	₹11.91	48.94%
Retail	1,240,800	₹11.91	48.94%
Total	2,535,600	₹24.34	100.00%

* Based on upper price band ₹96 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	1,240,800	1,240,800	2,481,600
Allotment price (₹)	96	96	96	96	96	96	96	96
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹11.91	₹11.91
Times subscribed	21.33x	—	—	—	—	0.70x	0.66x	1.12x
Shares allotted	—	—	—	—	—	1,240,800	1,240,800	2,481,600
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹96 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹96.00

Upper Band

Min Investment

₹115,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹230,400
Retail (Max — 13 Lots)	13	15,600	₹1,497,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,612,800
B-HNI (Min — 68 Lots)	68	81,600	₹7,833,600

* Issue Price ₹96 × Lot Size 1,200 shares

IPO Schedule

Anchor

19 May 2026

✓ Done

IPO Open

20 May 2026

✓ Done

IPO Close

27 May 2026

✓ Done

Allotment

29 May 2026

✓ Done

Refunds

01 Jun 2026

✓ Done

Demat Credit

01 Jun 2026

✓ Done

Listing Day

02 Jun 2026

✓ Done

₹96.00

INR · BSE

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Issue ₹96.00 Live Price

About Harikanta Overseas Ltd.

Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product range includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supply fabrics for women’s wear such as sarees, dress materials, and kurtas, while also offering fabrics for men’s kurtas.The company has set up a manufacturing unit in Surat, Gujarat, spread across 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli. The company also export products to Bahrain, Singapore, and Thailand, while serving key domestic markets such as Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.As on August 31, 2025, the company has 42 permanent employees.Competitive StrengthsQuality ProductsEfficient production processCustomization and flexibilityGlobal Reach and Export CapabilityRange of Products

Objects of the Issue

Capital Expenditure for Factory premises

Capital Expenditure for purchase of machineries

Working Capital Requirement

General Corporate Purpose

Harikanta Overseas Ltd. Financials (Amount in ₹ Crore)

Revenue from Operations

N/A

FY 2022-23

₹35.5

31 Mar 2025

₹26.3

30 Nov 2025

Profit After Tax (PAT)

N/A

FY 2022-23

₹4.5

31 Mar 2025

₹5.1

30 Nov 2025

Particulars	30 Nov 2025	31 Mar 2025	FY 2022-23
Revenue from Operations	26.28	35.50	N/A
EBITDA	7.35	6.72	N/A
Profit After Tax (PAT)	5.09	4.47	N/A
Net Worth	18.77	13.79	N/A
Total Assets	32.51	23.12	N/A
Reserves & Surplus	11.68	13.79	N/A
Borrowings	2.87	13.79	N/A
EBITDA Margin (%)	27.97	—	—
PAT Margin (%)	19.50	—	—

P/BV Ratio

3.68

RoE

31.15

RoCE

31.99

RoNW

27.10

PAT Margin

19.50

EBITDA Margin

27.97

Debt/Equity

0.15

Issue Structure & Shareholding

Total Shares Offered26,70,000

Net Offer to Public25,35,600 shares (agg. up to ₹24 Cr)

Reserved for Market Maker1,34,400 shares (agg. up to ₹1 Cr)

Pre-Issue Promoter Holding71,95,740 shares

Post-Issue Promoter Holding98,65,740 shares

P/BV Ratio3.68

RoE31.15

RoCE31.99

Debt / Equity0.15

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Interactive Financial Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Harikanta Overseas Ltd. IPO subscribed? ▲

Harikanta Overseas Ltd. IPO is subscribed 1.12 times by May 27, 2026. Retail: 0.66x. QIB: 21.33x. NII: 0.70x.

Investor Category	Subscription
Qualified Institutional (QIB)	21.33x
Non Institutional (NII/HNI)	0.70x
Retail Individual	0.66x
Total Subscription	1.12x

What is Harikanta Overseas Ltd. IPO retail subscription status? ▼

The Harikanta Overseas Ltd. IPO retail category is subscribed 0.66 times as of 27 May 2026. Subscription is below 1x.

How to subscribe Harikanta Overseas Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 May 2026 and closes 27 May 2026. Min investment: ₹115,200 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 27 May 2026.

How many times Harikanta Overseas Ltd. IPO subscribed? ▼

The Harikanta Overseas Ltd. IPO subscribed 1.12x overall. QIB: 21.33x, NII: 0.70x, Retail: 0.66x. Applications: from NSE/BSE.

How to check Harikanta Overseas Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 May 2026. Refunds: on 01 Jun 2026.

When Harikanta Overseas Ltd. IPO will be listed? ▼

The Harikanta Overseas Ltd. IPO listing date is 02 Jun 2026, Tuesday. Listed on: BSE SME. Issue price: ₹96. Estimated listing: ₹96. GMP: NIL.

When Harikanta Overseas Ltd. IPO close? ▼

The Harikanta Overseas Ltd. IPO closes on 27 May 2026, Wednesday. UPI mandate: 5:00 PM on 27 May 2026. Allotment: 29 May 2026. Listing: 02 Jun 2026.

Quick Actions

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Live Price LIVE

Last Price₹96.00

Change—

Issue Price₹96.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹96

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹115,200

GMPNIL

Est. Listing₹96

Subscribed1.12x

Open Date20 May 2026

Close Date27 May 2026

Allotment29 May 2026

Listing Date02 Jun 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 27 May 2026