Harikanta Overseas SME IPO Details, Financials, Valuation & Peers
Explore Harikanta Overseas SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Harikanta Overseas, incorporated in 2018, is a manufacturer of synthetic textile fabrics. The company's product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. Harikanta Overseas primarily supplies fabrics for women's wear, such as sarees, dress materials, and kurtas, as well as fabrics for men's kurtas.
Key highlights of Harikanta Overseas include:
- Core Business: Manufacturing of synthetic textile fabrics.
- Industry Focus: Supplying fabrics for women's wear and men's kurtas.
- Manufacturing Unit: Located in Surat, Gujarat.
- Global Reach: Exports products to Bahrain, Singapore, and Thailand.
- Competitive Strengths: Quality products, efficient production processes, customization and flexibility, a diverse range of products, and export capabilities.
Objects of the Issue
- Capital Expenditure for Factory premises
- Capital Expenditure for purchase of machineries
- Working Capital Requirement
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 20 May - 22 May 2026 |
| IPO Price Band | ₹91 - ₹96 per share |
| Fresh Issue | ₹24.34 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹25.63 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 20 May 2026 |
| IPO Closing Date | 22 May 2026 |
| Basis Of Allotment | 25 May 2026 |
| Refunds | 26 May 2026 |
| Demat Transfer | 26 May 2026 |
| IPO Listing Date | 27 May 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2025 | 30 Nov 2025 |
|---|---|---|
| Assets | 23.12 | 32.51 |
| Total Income | 35.50 | 26.28 |
| Profit After Tax | 4.47 | 5.09 |
| EBITDA | 6.72 | 7.35 |
| NET Worth | 13.79 | 18.77 |
| Reserves and Surplus | 6.59 | 11.68 |
| Total Borrowing | 3.26 | 2.87 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Harikanta Overseas Ltd. | 9.76 | 9.84 | 33% | 19.13 |
| Swasti Vinayaka Synthetics Ltd. | 12.78 | 0.27 | 10.54% | 2.55 |
| Betex India Ltd. | 28.01 | 13.03 | 5.73% | 227.34 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 54,000 |
| Non-Institutional Investor (NII/HNI) | 12,40,800 |
| Retail Individual Investor (RII) | 12,40,800 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1 |
| Non-Institutional Investor (NII/HNI) | 0.19 |
| Retail Individual Investor (RII) | 0.32 |
| Total | 0.27 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Lead Managers
- 1Interactive Financial Services Ltd.
Company Address
Harikanta Overseas Ltd.28,
Sairam Ind Estate Bamroli
Surat, – 394107https://www.harikantaoverseas.com/+919898682560info@harikantaoverseas.com
FAQs
- What is the issue size of the Harikanta Overseas SME IPO?The Harikanta Overseas SME IPO has an issue size of ₹25.63 crore. This includes a fresh issue of ₹24.34 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Harikanta Overseas IPO?The price band for the Harikanta Overseas IPO is ₹91 - ₹96 per share.
- What are the bidding dates for the Harikanta Overseas IPO?The Harikanta Overseas IPO will open for bidding on 20 May 2026 and close on 22 May 2026.
- What is the allotment date for the Harikanta Overseas IPO?The allotment date for the Harikanta Overseas IPO is 25 May 2026.
- What is the minimum lot size and investment required for the Harikanta Overseas IPO?The minimum lot size for the Harikanta Overseas IPO is 1200 shares and the minimum investment required is ₹1,15,200.
- What is the listing date for the Harikanta Overseas IPO?The listing date for the Harikanta Overseas IPO is 27 May 2026.
- What is the Harikanta Overseas IPO grey market premium?The grey market premium (GMP) for the Harikanta Overseas IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.