Harsha Engineers International Ltd Back Registered Office: NH-8A Sarkhej-Bavla Highway,Changodar , Ahmedabad - 382213 , Gujarat , India. Phone : 91-2717-618200   Fax: Email :  sec@harshaengineers.com   Website :  www.harshaengineers.com Initial public offering of 22,886,595* equity shares of face value of Rs10 each ("Equity Shares") of the company for cash at a price of Rs330 per equity share (including a share premium of Rs320 per equity share) ("Offer Price") aggregating up to Rs755.00 crores (the "Offer") comprising a fresh issue of 13,795,695* equity shares aggregating up to Rs455.00 crores by the company ("Fresh Issue") and an offer for sale of 9,090,900* equity shares aggregating up to Rs300.00 crores comprising an offer for sale of 2,022,725* equity shares aggregating up to Rs66.75 crores by Rajendra Shah, 2,272,725* equity shares aggregating up to Rs75.00 crores by Harish Rangwala, 500,000* equity shares aggregating up to Rs16.50 crores by Pilak Shah (together referred to as the "Promoter Selling Shareholders"), 2,272,725* equity shares aggregating up to Rs75.00 crores by Charusheela Rangwala and 2,022,725* equity shares aggregating up to Rs66.75 crores by Nirmala Shah (together referred to as the "Promoter Group Selling Shareholders", and collectively with the promoter selling shareholders referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer will constitute 25.14%* of its post-offer paid-up equity share capital. The offer includes a reservation of 83,610* equity shares, aggregating up to Rs2.50 crores, for subscription by eligible employees (as defined herein) not exceeding 5% of its post-offer paid-up equity share capital ("Employee Reservation "Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Nt "Offer". The company and the promoter selling shareholders, in consultation with the book running lead managers, offered a discount of 9.39 % of the offer price (equivalent of Rs31 per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer constitutes 25.14*% and 25.05*%, respectively, of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment Anchor Investor offer price: Rs330 per equity share Offer Price Rs330 per equity share of face value of Rs10 each. The offer price is 33.00 times of the face value. Issue Money Payable On Opens On Closes On Application Allotment 14-Sep-22 16-Sep-22 Rs330.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :45  Further Multiples of :45   Rs Cr Lead Managers to the Issue Project Cost 429.40 Axis Capital Ltd Project Financed through Current Offer 755.00   Post Issue Equity Share Capital 91.04   Issue Price Rs330.00

Projects

Pre-payment or scheduled repayment of a portion of the existing borrowings availed by the company	Infrastructure repairs and renovation of the company existing production facilities including office premises in india
Funding capital expenditure requirements towards purchase of machinery	General corporate purposes

Promoted By Rajendra Shah Harish Rangwala Vishal Rangwala

Listing At BSE  NSE

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