Harsha Engineers IPO GMP, Grey Market Premium & Kostak Rates Today

Check out Harsha Engineers IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Harsha Engineers IPO GMP is looking strong and stable around ₹240. The Harsha Engineers IPO may list between ₹550 to ₹600 range against the IPO price or ₹330 with expected return around 75% (Approx). Stay tuned for the latest IPO GMP numbers of Harsha Engineers IPO.

Harsha Engineers IPO is to open on September 15, 2022. The company is to raise ₹755 crores via IPO which comprises a fresh issue of ₹455 crores and an offer for sale of up to ₹300 crores from promoters. Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of the Harsha Group. The company is amongst the leading manufacturers of precision bearing cages in the world with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, and polyamide bearing cages in terms of revenue. The product range includes Brass Cages, Steel Cages, Polyamide Cages, and Stamped Components. They supply their products in over 25 countries covering five continents. The company reported revenue of ₹877 crores in 2021 against revenues of ₹900 crores in 2020. The IPO price band is fixed at ₹314 to ₹330 Per Equity Share. The Harsha Engineers IPO to list on NSE and BSE.

What is Harsha Engineers IPO GMP Today?

• The Harsha Engineers IPO GMP aka grey market premium is ₹130.

What is Harsha Engineers IPO Kostak Rates Today?

• The Harsha Engineers IPO kostak rate is ₹700.

What is Harsha Engineers IPO Subject to Sauda Price Today?

• The Harsha Engineers IPO subject to sauda rates is ₹7000.

Harsha Engineers IPO Expected Returns?

• The Harsha Engineers expected return is 50%.

Harsha Engineers IPO GMP aka Grey Market Premium FAQs:

Disclaimer:

• IPO Grey Market Premium (Harsha Engineers IPO GMP) mention is valid for the specific date as mentioned in the header.
• We are not buying and selling IPO forms on IPO Grey Market.
• Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
• Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.

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