IPO IPO-Synopsis
Harikanta Overseas Ltd

Back

Registered Office: 28 Sairam Ind Estate,Bamroli , Surat - 394107 , Gujarat , India.
Phone : +91 98986 82560   Fax:
Email :  info@harikantaoverseas.com  
Website :  www.harikantaoverseas.com
Initial public issue of 26,70,000 equity shares of face value of Rs10/- each of Harikanta Overseas Limited ("HOL" or the "Company" or the "Issuer") for cash at a price of Rs91 per equity share including a share premium of Rs81 per equity share (the "Issue Price") aggregating to Rs24.30 ("the Issue"), of which 1,34,400 equity shares of face value of Rs10/- each for cash at a price of Rs91 per equity share including a share premium of Rs81 per equity share aggregating to Rs1.22 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 25,35,600 equity shares of face value of Rs10/- each at a price of Rs91 per equity share aggregating to Rs23.07 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.06% and 25.70% respectively of the post issue paid up equity share capital of the company. Price Band: Rs91/- per equity share of face value Rs10/- each. The floor price is 9.1 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
20-May-26 27-May-26 Rs91.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 20.79
Interactive Financial Services Limited
Project Financed through Current Offer 24.30  
Post Issue Equity Share Capital 9.87  
Issue Price Rs91.00  
Projects
Capital Expenditure for Factory PremisesWorking Capital
Capital Expenditure for Plant and MachineriesGeneral corporate purposes
Promoted By
Hardik Gotawala
Abhishek Gotawala
Nilesh Gotawala
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd