IPO

Harshdeep Hortico Ltd. IPO

Harshdeep Hortico Ltd., established in 2022, operates in the Plastics - Plastic & Plastic Products sector. The company's IPO opened on January 29, 2024 and closed on January 31, 2024, with an issue ... Read more

Min Investment
₹ 1,35,000 / 3000 shares
Price Range
₹42 - ₹ 45
Bidding Dates
29 Jan '24 - 31 Jan '24
Total Issue Value
19.09 Cr
Lot Size
3,000
Total Issue Size
19.09 Cr
Listing At
BSE SME
Subscription
98.22 times
BSE Price
74.50 (65.56%)

IPO Timeline

  • 29 Jan 2024
    Bidding Starts
  • 31 Jan 2024
    Bidding Ends
  • 1 Feb 2024
    Allotment Finalization
  • 5 Feb 2024
    Listing

About Harshdeep Hortico Ltd.

We are primarily engaged in the business of designing, developing, manufacturing and supplying of various types of pots and planters like: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco ... Read more

Parent organisation
Founded
Harshdeep Hortico Ltd.
2022

Harshdeep Hortico Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 12,07,800 (28.47%)
Market Makers 2,16,000 (5.09%)
Non Institutional Investors 6,03,900 (14.24%)
Qualified Institutional Buyers (QIBs) 8,05,200 (18.98%)
Retail Individual Investors (RIIs) 14,09,100 (33.22%)

Harshdeep Hortico Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 48.42 Cr 6.55 Cr 21.03 Cr
31 Mar 2023 0 -27,000 -27,000

Harshdeep Hortico Ltd. Background

Our Company was originally incorporated as a Limited Company under the name “Harshdeep Hortico Limited” on December 30, 2022 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra bearing CIN U26994MH2022PLC396421. Later, on April 03, ...

Read more

Major Events And Milestones
  • 2023
    Took over the business of proprietorship concern of promoter Hitesh Chunilal Shah, namely Harshdeep Agro Products
Harshdeep Hortico Ltd. Object of Issues

1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
2. To meet Working Capital requirements
3. General Corporate Purpose

Harshdeep Hortico Ltd. IPO Listing Details
Listing Date
5 Feb 2024
BSE Script Code
HARSHDEEP
ISIN
INE0OLZ01015
Final Issue Price
₹ 45
Harshdeep Hortico Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 45.00 -
Open ₹ 70.00 -
Low ₹ 66.50 -
High ₹ 70.00 -
Last Trade ₹ 66.50 -
Harshdeep Hortico Ltd. Company Promoters

1. Hitesh Chunilal shah

Industry Overview

Indian real estate developers operating in the country’s major urban centres are poised to achieve a significant feat in 2023, with the completion of approximately 558,000 homes. As flowers are considered a sign of grace and elegance and hold spiritual and emotional value, the scope of ... Read more

Harshdeep Hortico Ltd. Contact Details
Address: Building No.1, Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane Maharashtra - 421302
Phone no:942450422
942450422
|
Harshdeep Hortico Ltd. IPO Registrar
Link intime India Pvt Ltd.
C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai Maharashtra - 400083
49186000
Harshdeep Hortico Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Harshdeep Hortico Ltd. IPO opens and closes?

Harshdeep Hortico Ltd. IPO opens from 29th January to 31st January 2024.

What is the size of Harshdeep Hortico Ltd. IPO?

The size of the Harshdeep Hortico Ltd. IPO is ₹19.09 Cr.

What is the price range of Harshdeep Hortico Ltd. IPO?

The price range of Harshdeep Hortico Ltd. IPO is at ₹42 to ₹45 per share.

What is the minimum investment and lot size required for the Harshdeep Hortico Ltd. IPO?

The minimum investment required is ₹1,35,000 and minimum lot size is 3000 shares.

When is Harshdeep Hortico Ltd. IPO listing date?

The Harshdeep Hortico Ltd. IPO will be listed on 5th February 2024.

What is the objective of Harshdeep Hortico Ltd. IPO?

1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
2. To meet Working Capital requirements
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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