Harikanta Overseas IPO Details
Harikanta Overseas IPO Review & Key Points
- Review: Neutral
Harikanta Overseas IPO Market Lot
The Harikanta Overseas IPO minimum market lot is 2400 shares with ā¹2,18,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ā¹2,18,400 |
| Retail Maximum | 2 | 2,400 | ā¹2,18,400 |
| S-HNI Minimum | 3 | 3,600 | ā¹3,27,600 |
| S-HNI Maximum | 9 | 10,800 | ā¹9,82,800 |
| B-HNI Minimum | 10 | 12,000 | ā¹10,92,000 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| QIB (Ex. Anchor) | 54,000 Shares | 2.02% |
| NII Shares Offered | 12,40,800 Shares | 46.47% |
| Retail Shares Offered | 12,40,800 Shares | 46.47% |
Harikanta Overseas IPO Dates
The Harikanta Overseas IPO date is May 20 and the close date is May 27. The Harikanta Overseas IPO allotment will be finalized on May 29 and the IPO listing on June 2.
| IPO Open Date: | May 20, 2026 |
| IPO Close Date: | May 27, 2026 |
| Basis of Allotment: | May 29, 2026 |
| Refunds: | June 1, 2026 |
| Credit to Demat Account: | June 1, 2026 |
| IPO Listing Date: | June 2, 2026 |
| IPO Bidding Cut-off Time: | May 27, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Hardik Gotawala, Abhishek Gotawala, and Nilesh Gotawala.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 71,95,740 | 96.87% |
| Promoter Holding Post Issue | 98,70,740 | 70.66% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Capital Expenditure for Factory premises | ā¹5.40 |
| Capital Expenditure for purchase of machineries | ā¹9.33 |
| Working Capital Requirement | ā¹4.75 |
| General Corporate Purpose | ā¹- |
About Harikanta Overseas IPO
Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product portfolio comprises Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supplies fabrics used in womenās wear, such as sarees, dress materials, and kurtas, and also provides fabric for menās kurtas.
The company has a mission to deliver high-quality fabric solutions for both domestic and international markets by using advanced technology and sustainable manufacturing practices. In 2024, the company expanded by adding new factory premises and starting in-house yarn processing initiatives.
The company has established a manufacturing facility in Surat, Gujarat, covering 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli.
It also exports its products to Bahrain, Singapore, and Thailand, while catering to major domestic markets including Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.
Harikanta Overseas IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2025 | ā¹35.50 | ā¹29.30 | ā¹4.47 | ā¹23.12 |
| Nov 2025 | ā¹26.28 | ā¹19.75 | ā¹5.09 | ā¹32.51 |
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.
| KPI | Values |
| ROE: | 56.72% |
| ROCE: | 37.56% |
| EBITDA Margin: | 18.92% |
| PAT Margin: | -% |
| Debt to equity ratio: | 0.24 |
| Earning Per Share (EPS): | ā¹6.69 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 32.41% |
| Net Asset Value (NAV): | ā¹19.16 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Betex India Limited | 13.03 | 35.61 | 5.73% | 227.34 | 971.46 Cr. |
| Swasti Vinayaka Synthetics Limited | 0.27 | 19.44 | 10.54% | 2.55 | 385.58 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
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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).



