Harsha Engineers International Ltd IPO Details – Harsha Engineers International Ltd IPO price and dates are fixed. The opening date of Harsha Engineers IPO is 14 Sep 2022 and the closing date is Harsha Engineers 16 Sep 2022. The company is going to raise ₹755 Cr through IPO and the issue type is Book built Issue type. The Face Value of Harsha Engineers IPO is Rs 10/share. The reservation sequence is QIB=50%, NII=15 %, and RII= 35%.
About Harsha Engineers International Ltd
- Harsha Engineers serves over 25 countries which cover 5 continents like Asia, Africa, North and South America, and Europe.
- Established in 2010, it is a part of the Harsha group.
- Harsha Engineers Includes Two Segments Engineering Business and Solar EPC Business.
Harsha Engineers International Ltd IPO Review
For Long Term:- Recommended
For Listing Gain:- Check GMP before applying
Harsha Engineers International Ltd IPO GMP Today
Harsha engineers International IPO GMP is Rs05.
| Date | GMP | Subject Rate |
|---|---|---|
| 11 Sep 2022 | ₹220 | ₹500 |
Also Read: Income Tax in Stock Market 2022
Harsha Engineers International Ltd Financial Report ₹(in cr)
| Year | Revenue | PAT | Assets |
|---|---|---|---|
| Mar 20 | 899.5 | 21.9 | 973.2 |
| Mar 21 | 876.73 | 45.4 | 981 |
| Mar 22 | 1339 | 91.9 | 1158.2 |
Harsha Engineers International Ltd IPO Date & Details
It is a Fixed issue type IPO with an IPO Size of ₹755 cr and it will list on BSE as well as on NSE.
| IPO Open Date | 14 Sep 2022 |
| IPO Close Date | 16 Sep 2022 |
| Lot Size | 45 Shares |
| Issue Size | ₹755 cr (Shares) |
| Issue Type | Book Building |
| Fresh Issue | ₹455cr (Shares) |
| Offer For sale | ₹300cr ( shares) |
| Face Value | ₹10/Equity Share |
| Price Band | ₹314 – 330/Share |
| List On | BSE & NSE |
| DRHP | Click Here |
| GMP | Click Here |
Objective
The main objective of Harsha Engineers International Ltd is to raise funds are:
- To repayment of borrowing.
- General Corporate Purposes.
- Working Capital Requirement
Harsha Engineers International Ltd IPO Market Lot Size
In Harsha engineers International issuing – shares of 755Cr out of which a Retail Individual investor can apply for a maximum of 13 lots in which they get 585 shares and the payable amount is Rs 193,050.
| Minimum Lot Size | 1 Lot, 45 Shares |
| Minimum Amount | ₹14,850 |
| Maximum Lot Size | 13 Lot, 585 Shares |
| Maximum Amount | ₹193,050 |
Click Here to Check Upcoming IPO of 2022
IPO Time Table
Harsha engineers International’s IPO Open date is 14 Sep 2022 and the closing date is 16 Sep 2022. The Allotment date is 12 Sep 2022 and the Listing Date is 15 Sep 2022.
| Harsha engineers International IPO Open Date | 14 Sep 2022 |
| Harsha engineers International IPO Close Date | 16 Sep 2022 |
| Allotment Date | 21 Sep 2022 |
| Refund Date | 22 Sep 2022 |
| Credit to Demat Account | 23 Sep 2022 |
| Harsha engineers International Listing Date | 26 Sep 2022 |
Harsha Engineers International Ltd Company Promoters
- Rajendra Shah
- Harish Rangwala
- Vishal Rangwala
- Pilak Shah
Harsha Engineers International Ltd Peer’s
- Timken India
- Rolex Rings
- Sundaram Fasteners
- SKF India
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: harshaengineers.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Address
Harsha Engineers International Ltd
NH-8A,
Sarkhej- Bavla Highway,
Changodar, Ahmedabad 382213
Phone: +91 2717-618200
Email: sec@harshaengineers.com
Website: http://www.harshaengineers.com/
Harsha Engineers International Ltd FAQ
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How to Apply Harsha engineers International IPO through Zerodha?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Harsha Engineer ”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Harsha engineers International IPO through Upstox App?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Harsha Engineer”. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Harsha engineers International IPO through Groww App?
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Harsha Engineer”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply Harsha engineers International IPO through Paytm Money App?
2. Now you can see Invest is IPOs Section and Click on IPO.
3. You will see the IPO Name “Harsha engineers International”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.