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Harikanta Overseas

Harikanta Overseas

Open Date

May 20, 2026

Close Date

May 27, 2026

listed

Min Investment

₹2,18,400

Lot Size

1200 Shares

Issue Size

₹24.3 Cr

Price Range

₹86 - ₹86

Listing Date

Jun 2, 2026

IPO Doc

RHP PDF

About Harikanta Overseas

Harikanta Overseas was established in the year 2018, which specializes in the manufacture of artificial textiles. The products include Ikat fabric, polyester garments fabric, saree fabric, dhupion fabric, poly linen, and natural fiber fabric. The primary customers of the company are women who require fabrics for sarees, dress materials, and kurtas, along with those used for men's kurtas. The company has manufactured an industry that occupies 953.93 sq. meters in Sai Ram Industrial Estate-2, Bamroli, Surat. The company also exports its products to Bahrain, Singapore, and Thailand, along with important domestic markets like Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan. As of August 31, 2025, the company employs 42 permanent workers.

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0GMP

Harikanta Overseas IPO - Issue Objectives

The company will use ₹14.73 crore for factory premises capex, plant and machinery The company will use ₹4.75 crore for working capital requirements of business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

58.1%

Working capital

18.7%

General corporate purposes

23.1%

1

Capital expenditure

The company will use ₹14.73 crore for factory premises capex, plant and machinery

58.10%
2

Working capital

The company will use ₹4.75 crore for working capital requirements of business.

18.70%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

23.10%

IPO Subscription Status

Retails
0.66x
QIB
21.33x
NII
2.41x

Financials of Harikanta Overseas

In Cr.

Contact Details

Harikanta Overseas

28, Sairam Ind Estate, Bamroli, Surat, Gujarat - 394107.

Harikanta Overseas IPO - FAQs

Harikanta Overseas IPO is a SME IPO. The issue is priced at 86-₹91. The minimum order quantity is 1200 Shares. The IPO opens on 20 May, and closes on 27 May. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.

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