Harikanta Overseas Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹86 – ₹91
Lot Size
1,200 shares
Min. Investment
₹1,09,200
Total Issue Size
₹24.3 Cr
26,70,000 shares
Fresh Issue
₹24.3 Cr
26,70,000 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
71,95,740
Shares Post-Issue
98,65,740

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

ApplicationLotsSharesAmount
Retail22,400₹2,18,400
Small HNI (S-HNI)33,600₹3,27,600
Big HNI (B-HNI)1012,000₹10,92,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodNov-25Mar-25
Assets32.5123.12
Total Income26.2835.5
Profit After Tax5.094.47
EBITDA7.356.72
Net Worth18.7713.79
Reserves & Surplus11.686.59
Total Borrowing2.873.26

Key Performance Indicators

Key performance indicators
PeriodNov-25Mar-25
ROE (%)31.1556.72
ROCE (%)31.9937.56
EPS (₹)6.21
P/E (pre-issue)14.66
P/E (post-issue)11.77

About Harikanta Overseas Limited

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 February 28, 2026, the company has 111 permanent employees. Competitive Strengths Quality Products Efficient production process Customization and flexibility Global Reach and Export Capability Range of Products

Company Information

Book running lead managers
  • Interactive Financial Services Ltd.
Registered office
28, Sairam Ind Estate Bamroli, Surat, Gujarat, 394107
Market maker
Aftertrade Broking Pvt.Ltd.

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