May, 15 2026 Friday 13:46 Hrs
Last update 11-9-2025
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IPO Synopsis

Harikanta Overseas Ltd
Initial public issue of upto 26,70,000 equity shares of face value of Rs.10/- each of Harikanta Overseas Limited ("HOL" or the "Company" or the Issuer") for cash at a price of Rs. 91-Rs. 96 per equity share including a share premium of Rs. 81-Rs. 86 per equity share (the "Issue Price") aggregating to Rs. 24.30-Rs. 25.63 ("the Issue"), of which [*] equity shares of face value of Rs.10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs.[*] per equity share aggregating to Rs. 1,34,400 will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 25,35,600 equity shares of face value of Rs.10/- each at a price of Rs. 91-Rs. 96 per equity share aggregating to Rs. 23.07-Rs. 24.34 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.06% and 25.70% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 91/- to Rs. 96/- per equity share of face value Rs. 10/- each. The floor price is 9.1 times of the face value and the cap price is 9.6 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
Issue
Opens On Closes On
20-May-26 22-May-26
Money Payable On
Application Allotment
91.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Interactive Financial Services Limited
Project Financed through Current Offer (.Cr) 24.30  
Post Issue Equity Share Capital (.Cr) 9.87
Issue Price () 91.00
Projects
Capital Expenditure for Factory Premises
Capital Expenditure for Plant and Machineries
Working Capital
General corporate purposes
Promoted By
Hardik Gotawala
Abhishek Gotawala
Nilesh Gotawala
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
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