The Harshdeep Hortico date has been confirmed from January 29, 2024 and closes on January 31, 2024. Read the post to learn about Harshdeep Hortico Limited IPO GMP.
Harshdeep Hortico Developers ’ IPO is a fixed- price immolation of Rs 19.09 crore. The price range is ₹ 42 – ₹ 45 per share. The minimal lot size for an operation is 3000 shares. The minimal investment quantum for retail investors is ₹ 135,000. The minimal investment for HNIs is 2 lots (6,000 shares) totaling ₹ 270,000.
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Key Details Of Harshdeep Hortico Limited IPO:
Bidding Dates
Jan 29-31
Price Range
₹42 to ₹45 per share
Face Value
₹10 per share
GMP
₹32
Harshdeep Hortico IPO GMP
The Harshdeep Hortico IPO GMP Today is ₹32.
Harshdeep Hortico IPO Overview
Harshdeep Hortico’s IPO is a book- erected issue of Rs 19.09 crore. The trade is entirely fresh and comprises 42.42 lakh shares. Harshdeep Hortico’s original public immolation (IPO) will start on January 25, 2024, and terminate on January 30, 2024. The allocation is anticipated to be completed on Wednesday, January 31, 2024. Harshdeep Hortico’s IPO will be listed on BSE SME on Friday, February 2, 2024.
Harshdeep Hortico’s IPO price range is set at ₹ 42 – ₹ 45 per share. The minimal lot size for an operation is 3000 shares. The minimal quantum for retail investors is ₹ 135,000. The minimal investment for HNIs is 2 lots (6,000 shares) totaling ₹ 270,000.
Harshdeep Hortico IPO Details
| IPO Date | January 25, 2024 to January 30, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹42 to ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,242,000 shares (aggregating up to ₹19.09 Cr) |
| Fresh Issue | 4,242,000 shares (aggregating up to ₹19.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 11,852,060 |
| Share holding post issue | 16,094,060 |
| Market Maker portion | 216,000 shares |
Harshdeep Hortico Limited Financial Information
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 3,059.49 | 4.89 |
| Revenue | 1,482.84 | |
| Profit After Tax | 177.24 | -0.27 |
| Net Worth | 1,325.82 | 4.73 |
| Reserves and Surplus | 1,318.85 | -0.27 |
| Total Borrowing | 636.82 | |
| Amount in ₹ Lakhs | ||
Harshdeep Hortico IPO Timeline
| IPO Open Date | Thursday, January 25, 2024 |
| IPO Close Date | Tuesday, January 30, 2024 |
| Basis of Allotment | Wednesday, January 31, 2024 |
| Initiation of Refunds | Thursday, February 1, 2024 |
| Credit of Shares to Demat | Thursday, February 1, 2024 |
| Listing Date | Friday, February 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 30, 2024 |
Company Profile
Harshdeep Hortico Limited designs, manufactures and sells pots and agronomists for indoor and out-of-door use. The company’s immolations include inner plastic agronomists, out-of-door agronomists, LED agronomists, cosmetic agronomists, roto- molded agronomists, fibre-reinforced plastic (FRP) agronomists, eco-series agronomists, and colorful accessories similar as theater sock pipes and water drums. Lately, the establishment entered the Roto-Moulded Outdoor Furniture sector. Harshdeep Hortico has two manufacturing units in Bhiwandi
and Pune, gauging around 93769 and 40000 square bases, independently. The establishment has three physical locales in Delhi, Pune (Maharashtra), Rajahmundry (Andhra Pradesh), and four distribution centers in Hyderabad, Kolkata, Chandigarh, and Visakhapatnam. The establishment also has an online presence on Amazon, Flipkart, and social media platforms like Facebook and Instagram. Guests are from 27 Indian countries, union homes, and countries, including Djibouti, East Africa, the United Kingdom, and Nepal. As of September 30, 2023, the establishment has over 125 workers.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Harshdeep Hortico Limited |
| Phone number | +91-94245-04224 |
| Email ID | [email protected] |
| Website | harshdeepindia.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Harshdeep Hortico IPO FAQs
When Harshdeep Hortico IPO will open?
The Harshdeep Hortico IPO opens on January 25, 2024 and closes on January 30, 2024.
What is the lot size of Harshdeep Hortico IPO?
Harshdeep Hortico IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
When is Harshdeep Hortico IPO allotment?
The finalization of Basis of Allotment for Harshdeep Hortico IPO will be done on Wednesday, January 31, 2024, and the allotted shares will be credited to your demat account by Thursday, February 1, 2024.
When is Harshdeep Hortico IPO listing date?
The Harshdeep Hortico IPO listing date is not yet announced. The tentative date of Harshdeep Hortico IPO listing is Friday, February 2, 2024.
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