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
| Details | BSE Listing | NSE 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 |
| Volume | 2,497,648 | 36,180,429 |
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 Code | 543600 |
| NSE Code | HARSHA |
| Group | B Group |
| ISIN No | INE0JUS01029 |
| Offer Price | ₹330 |
| Face Value | ₹10 |
| Listing Date | Septmber 26, 2022, Monday |
Harsha Engineers IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.06 | 1.63 | 178.26 |
| NII | 5.83 | 24.91 | 66.14 |
| bNII | 7.64 | 22.38 | 74.78 |
| sNII | 11.68 | 29.96 | 64.41 |
| RII | 3.22 | 9.14 | 17.63 |
| EMP | 2.33 | 6.34 | 12.07 |
| Total | 2.87 | 10.35 | 74.70 |
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 |
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