Harikanta Overseas Ltd.
SMEIssue details
Price band
₹86 - ₹91
Lot size
1,200 shares
Issue size
₹24 Cr
Min. investment
₹1,09,200
Registrar
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Grey market premium
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IPO Timeline
Open
20 May
Close
27 May
Allotment
28 May
Listing
2 Jun
- Refunds & demat credit
- 29 May 2026
- Mandate end
- 11 Jun 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 1,200shares 1 lot · ₹1,09,200 | 1,200shares 1 lot · ₹1,09,200 |
| HNI | 2,400shares 2 lots · ₹2,18,400 | No limit funds permitting |
Based on the upper price band of ₹91 and a lot of 1,200 shares.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital only
Fresh issue
₹23 Cr
25,35,600 shares
Shares pre-issue
71,95,740
Shares post-issue
98,65,740
Reservation
- QIB
- 54,000
- NII
- 12,40,800
- Retail
- 12,40,800
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 6.21 | 7.73 |
| P/E | 14.66 | 11.77 |
| Market cap | ₹65.48 Cr. | ₹74.75 Cr |
| KPI | Nov 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 31.15% | 56.72% |
| ROCE | 31.99% | 37.56% |
| Debt/Equity | 0.15 | 0.24 |
| RoNW | 27.10% | 32.41% |
| PAT Margin | 19.50% | 12.70% |
| EBITDA Margin | 27.97% | 18.92% |
| NAV | 26.08 | 19.16 |
| Price to Book Value | 3.68 | 4.75 |
Financials
| Metric | 30 Nov 2025 | 31 Mar 2025 |
|---|---|---|
| Total income | 26.28 | 35.5 |
| Profit after tax | 5.09 | 4.47 |
| EBITDA | 7.35 | 6.72 |
| Net worth | 18.77 | 13.79 |
| Assets | 32.51 | 23.12 |
| Reserves & surplus | 11.68 | 6.59 |
| Total borrowing | 2.87 | 3.26 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Capital Expenditure for Factory Premises₹5.4 Cr
- 2.Capital Expenditure for purchase of machineries₹9.33 Cr
- 3.Working Capital Requirement₹4.75 Cr
- 4.General Corporate Purposes₹1.31 Cr
- 5.Issue expenses₹3.51 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Yajur Fibres Ltd.SME | ₹174 | 23.49 | ₹132.25 | -23.99% |
| K K Silk Mills Ltd.SME | ₹38 | 12.12 | ₹30.40 | -20.00% |
| Game Changers Texfab Ltd.SME | ₹102 | 10.58 | ₹109.35 | +7.21% |
| Sihora Industries Ltd.SME | ₹66 | 13.14 | ₹66.50 | +0.76% |
| Siddhi Cotspin Ltd.SME | ₹108 | 16.06 | ₹82.10 | -23.98% |
| Rachit Prints Ltd.SME | ₹149 | 11.85 | ₹113.25 | -23.99% |
| Spunweb Nonwoven Ltd.SME | ₹96 | 15.79 | ₹158.55 | +65.16% |
| Silky Overseas Ltd.SME | ₹161 | 12.98 | ₹162.45 | +0.90% |
| Cedaar Textile Ltd.SME | ₹140 | 12.07 | ₹113.05 | -19.25% |
| Shree Ram Twistex Ltd.Mainboard | ₹104 | 38.21 | ₹71.40 | -31.35% |
| Borana Weaves Ltd.Mainboard | ₹216 | 18.26 | ₹255.15 | +18.13% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.