Harsha Engineers IPO subscription status will start on Wednesday, September 14, 2022 and will close on September 16, 2022. The brokerage firm recommended to Apply the IPO. Harsha Engineers IPO to raise around ₹755 crores via IPO that comprises fresh issue of ₹455 crores and offer for sale up to ₹300 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. The price band is fixed at ₹314 to ₹330 per equity share. The IPO to list on BSE & NSE. Please check the Harsha Engineers IPO subscription status details over here.
IPOWatch View:
We recommend investors may apply an IPO with short-term and long-term views. Investors should also look at the Retail and HNI numbers before investing. You can check the Harsha Engineers IPO allotment status here.Harsha Engineers IPO Subscription Status (Live Update – Day 3)
Last Updated – 5:00| 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 |
IPO Subscription Update:
- Day 1: Harsha Engineers IPO subscribed 2.87 times overall in that QIB 0.06 times, NII 5.83 times, and Retail 3.22 times on Day 1.
- Day 2: Harsha Engineers IPO subscribed 10.35 times overall in that QIB 1.63 times, NII 24.91 times, and Retail 9.14 times on Day 2.
- Day 3: Harsha Engineers IPO subscribed 74.70 times overall in that QIB 178.26 times, NII 74.78 times, and Retail 17.63 times on Day 3.
Harsha Engineers IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Harsha Engineers IPO Review
- Apply with Short-Term and Long-Term View
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
The Harsha Engineers IPO minimum market lot is 45 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots with 585 shares or ₹193,050 amount.
| 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 Allotment & Listing Dates
The Harsha Engineers IPO date is September 14 and the close date is September 16. The Harsha Engineers IPO allotment will be finalized on September 21 and the IPO listing on September 26.
| 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 Form
How to apply for the Harsha Engineers IPO? You can apply for Harsha Engineers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Harsha Engineers IPO in the Invest section. The other option is you can apply for Harsha Engineers IPO via IPO forms downloaded via NSE and BSE. Check out the Harsha Engineers forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
