Harsha Engineers International Limited

Harsha Engineers International Limited

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₹14,850(45 Shares)

Minimum Investment

IPO Dates

Sep 14, 2022 – Sep 16, 2022

Price Band

₹314–330 per equity share

Lot Size

45

Listing

Sep 26, 2022

Listing At

BSE, NSE

Sep 14, 2022Open DateCompleted
Sep 16, 2022Close DateCompleted
TBAAllotment DateUpcoming
Sep 26, 2022Listing DateCompleted

Harsha Engineers International Limited Live Subscription Details

All IPOs
Retail17.53x
QIB178.26x
Employee11.97x
NIIs
71.31x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

64.37x

bHNI (> ₹10L)

Bids above ₹10L

74.78x

Overall Subscription

Total Bids Received

74.65x

Harsha Engineers International Limited IPO Issue Details

Issue Price
₹314-330 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Sep 26, 2022

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)145₹14,850
Retail (Max)13585₹1,93,050
sHNI (Min)14630₹2,07,900
sHNI (Max)673,015₹9,94,950
bHNI (Min)683,060₹10,09,800

Company Information

Harsha Engineers International Limited is the largest manufacturer of precision bearing cages, in terms of revenue in organised sector in India. The company is a part of the Harsha Group.The company s...

Valuations

RoNW

10.49%

Financial Information (₹ in Crores)

MetricFY 22FY 21FY 20FY 19
Total Assets1158.25981.07973.24195
Total Revenue1339876.73899.5117.9
Profit After Tax91.9445.4421.9127.41
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Pre-payment or scheduled repayment of a portion of the existing borrowing availed by our Company.
  2. 2Funding capital expenditure requirements towards purchase of machinery.
  3. 3Infrastructure repairs and renovation of our existing production facilities including office premises in India.
  4. 4General corporate purposes.

Harsha Engineers International Limited – Promoter(s)

Rajendra Shah
Harish Rangwala
Vishal Rangwala
Pilak Shah

Contact Details

Visit Website

Harsha Engineers International Limited IPO Documents

PDF
DRHP
PDF
RHP

Frequently Asked Questions — Harsha Engineers International Limited IPO

The Harsha Engineers International Limited IPO price band is set at ₹314.00 to ₹330.00 per equity share.

The lot size for Harsha Engineers International Limited IPO is 45 shares per lot. The minimum investment amount is approximately ₹14,850.

The Harsha Engineers International Limited IPO opens on Sep 14, 2022 and closes on Sep 16, 2022.

Harsha Engineers International Limited IPO is expected to be listed on Sep 26, 2022 on BSE, NSE.

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