Harsha Engineers IPO Listing Date & Share Price on NSE & BSE

Harsha Engineers IPO

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Harsha Engineers IPO listing date is fixed, The IPO is to list on September 26, Monday at 10:00 AM. The IPO was subscribed 74.70x times comprises of Qualified Institutional Buyer (QIB) 178.26x, Non-institutional Bidders (NII) 66.14x, and Retail (RII) 17.63x. The stock will list in B Group. As per the market speculations the stock might list in between the ₹470 to ₹530 range against the IPO price of ₹330 at a premium around ₹130 to ₹150.

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. Check out the Harsha Engineers IPO listing details as given below:

IPO Listing Update: Harsha Engineers share price listed at 36% Premium. The Harsha Engineers stock price listed at ₹450 on NSE and ₹444 on BSE respectively.

Harsha Engineers Share Price Live Quote

DetailsBSE ListingNSE Listing
IPO Price₹330.00₹330.00
List Price₹444.00₹450.00
High Price₹527.60₹527.65
Low Price₹431.00₹430.00
Close Price₹485.90₹486.50

Harsha Engineers IPO Listing Details

Find the Harsha Engineers IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Harsha Engineers share listing day.

BSE Notice of Listing: Notice

BSE Code543600
GroupB Group
Offer Price₹330
Face Value₹10
Listing DateSeptmber 26, 2022, Monday

Harsha Engineers IPO Subscription Status

CategoryDay 1Day 2Day 3

Harsha Engineers IPO Date & Price Band

 Harsha Engineers IPO Open: September 14, 2022
 Harsha Engineers IPO Close: September 16, 2022
 Harsha Engineers IPO Size: Approx ₹755 Crores
 Fresh Issue: Approx ₹455 Crores
 Offer for Sale: Approx ₹300 Crores
 Face Value: ₹10 Per Equity Share
 Harsha Engineers IPO Price Band: ₹314 to ₹330 Per Share
 Harsha Engineers IPO Listing on: BSE & NSE
 Retail Quota: 35%
 QIB Quota: 50%
 NII Quota: 15%
 Discount: N/A
 DRHP Draft Prospectus: Click Here
 RHP Draft Prospectus: Click Here
 Anchor Investors List: Click Here

Harsha Engineers IPO Market Lot

 Minimum Lot Size:Minimum 45 Shares for 1 lot
 Minimum Amount: ₹14,850 for 1 lot
 Maximum Lot Size:Maximum 585 Shares for 13 lot
 Maximum Amount:₹193,050 for 13 lot

Harsha Engineers IPO Listing Dates

 Price Band Announcement: September 9, 2022
 Anchor Investors Allotment: September 13, 2022
 Harsha Engineers IPO Open Date: September 14, 2022
 Harsha Engineers IPO Close Date: September 16, 2022
 Basis of Allotment: September 21, 2022
 Refunds: September 22, 2022
 Credit to Demat Account: September 23, 2022
 Harsha Engineers IPO Listing Date: September 26, 2022

Harsha Engineers IPO Listing FAQs:

When is Harsha Engineers IPO Listing Date?

Harsha Engineers IPO listing date is September 26, Monday.

What will be the estimated listing price of Harsha Engineers stock?

As per the market speculations, the IPO might list at ₹480 to ₹530 levels. If the market supports the stock might go on a higher side around the ₹570 level while on the downside the stock might hit to ₹430 level.

How many returns are expected in Harsha Engineers IPO?

The IPO might give a listing profit of ₹5000 to ₹7000.

What is Harsha Engineers Share Price on Listing Day?

The IPO is listed at ₹0.00 on NSE and at ₹00.00 on BSE.

Will Harsha Engineers will list on NSE and BSE?

Yes, The IPO to list on NSE and BSE both the indices.

Should I buy Harsha Engineers shares on a listing day?

Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

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