Harikanta Overseas IPO Date, Review, Price, Allotment Details

Harikanta Overseas IPO open date is May 20, 2026 and the IPO will close on May 22, 2026. Harikanta Overseas IPO is a Book build Issue. The company to raise around ₹25.63 crores via IPO that comprises fresh issue of ₹25.63 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Harikanta Overseas IPO price band is ₹91 to ₹96 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Harikanta Overseas IPO to list on BSE on May 27, 2026. The allotment of Harikanta Overseas IPO date is May 25, 2026.

The company reported revenue of ₹35.50 crores in 2025. The company reported profit of ₹4.47 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

Harikanta Overseas IPO

Harikanta Overseas IPO Details

IPO Open DateMay 20, 2026
IPO Close DateMay 22, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹91 to ₹96 Per Share
Issue SizeApprox ₹25.63 Crores, 26,75,000 Equity Shares
Fresh IssueApprox ₹25.63 Crores, 26,75,000 Equity Shares
Issue TypeBook build Issue
IPO ListingBSE SME
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Harikanta Overseas IPO Review & Key Points

  • Review:

Harikanta Overseas IPO Market Lot

The Harikanta Overseas IPO minimum market lot is 2,400 shares with ₹2,30,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum22,400₹2,30,400
Retail Maximum22,400₹2,30,400
S-HNI Minimum33,600₹3,45,600
S-HNI Maximum89,600₹9,21,600
B-HNI Minimum910,800₹10,36,800

IPO Reservation

Investor CategoryShare Offered Shares (%)
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares50%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares35%

Harikanta Overseas IPO Anchor Investors

Anchor Bidding Date2026
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2026
lock-in period end date 50% shares (90 Days) 2026

Harikanta Overseas IPO Dates

The Harikanta Overseas IPO date is May 20 and the close date is May 22. The Harikanta Overseas IPO allotment will be finalized on May 25 and the IPO listing on May 27.

IPO Open Date:May 20, 2026
IPO Close Date:May 22, 2026
Basis of Allotment:May 25, 2026
Refunds:May 26, 2026
Credit to Demat Account:May 26, 2026
IPO Listing Date:May 27, 2026
IPO Bidding Cut-off Time:May 22, 2026 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Hardik Gotawala, Abhishek Gotawala, and Nilesh Gotawala.

ParticularShares% Share
Promoter Holding Pre Issue71,95,74096.87%
Promoter Holding Post Issue98,70,740-%

Objects of the Issue & Utilisation of Proceeds

PurposeCrores
Capital Expenditure for Factory premises₹5.40
Capital Expenditure for purchase of machineries₹9.33
Working Capital Requirement₹4.75
General Corporate Purpose₹-

About Harikanta Overseas IPO

To be updated soon

Harikanta Overseas IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2025₹35.50₹29.30₹4.47₹23.12

Harikanta Overseas IPO Valuation – FY2025

Check Harikanta Overseas IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:56.72%
ROCE:37.56%
EBITDA Margin:18.92%
PAT Margin:-%
Debt to equity ratio: 0.24
Earning Per Share (EPS):₹6.69 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):32.41%
Net Asset Value (NAV):₹19.16

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Betex India Limited13.0335.615.73%227.34971.46 Cr.
Swasti Vinayaka Synthetics Limited0.2719.4410.54%2.55385.58 Cr.

IPO Lead Managers aka Merchant Bankers

  • Interactive Financial Services Ltd. 

Company Address

Harikanta Overseas Ltd.
28, Sairam Ind Estate, Bamroli
Surat, Gujarat, 394107
Phone: +919898682560
Email: info@harikantaoverseas.com
Website: http://www.harikantaoverseas.com/

IPO Registrar

Bigshare Services Pvt. Ltd
Phone: 022-62638200
E-mail: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/ipo_allotment.html

Harikanta Overseas IPO FAQs

What is Harikanta Overseas IPO?

Harikanta Overseas IPO is SME IPO. The company is going to raise ₹25.63 Crores via IPO. The issue is priced at ₹91 to ₹96 per equity share. The IPO is to be listed on BSE.

When Harikanta Overseas IPO will open for subscription?

The IPO is to open on May 20, 2026 for QIB, NII, and Retail Investors. The IPO will close on May 22, 2026.

What is Harikanta Overseas IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Harikanta Overseas IPO?

You can apply for Harikanta Overseas IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Harikanta Overseas IPO Issue Size?

Harikanta Overseas IPO issue size is ₹25.63 crores.

What is Harikanta Overseas IPO Price Band?

Harikanta Overseas IPO Price Band is ā‚¹91 to ₹96.

What is Harikanta Overseas IPO Lot Size?

The minimum bid is 2,400 Shares with ₹2,30,400 amount.

What is the Harikanta Overseas IPO Allotment Date?

Harikanta Overseas IPO allotment date is May 25, 2026.

What is the Harikanta Overseas IPO Listing Date?

Harikanta Overseas IPO listing date is May 27, 2026. The IPO is to list on BSE.

Note: The Harikanta Overseas IPO price band and date are officially announced. The (Harikanta Overseas IPO grey market premium) will be added to the IPO GMP page as it will start).

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Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
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Jagat Joshi

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