Skip to content

Allotment

Harikanta Overseas Limited

Harikanta Overseas IPO will open for subscription on May 20, 2026, while the issue will conclude on May 22, 2026. The IPO is structured as a book-built issue through which the company plans to raise nearly ₹25.63 crores. The entire issue consists of a fresh issue worth ₹25.63 crores along with an offer for sale of equity shares having a face value of ₹10 each.

The price band for the Harikanta Overseas IPO has been fixed at ₹91 to ₹96 per share. The allocation structure reserves 50% for QIB investors, 35% for retail investors, and 15% for HNI investors. The IPO is proposed to be listed on the BSE on May 27, 2026, while the allotment process is expected to be finalized on May 25, 2026.

For the financial year 2025, the company posted revenue of ₹35.50 crores and recorded a profit of ₹4.47 crores. Based on the company’s financial performance, the IPO appears more suitable for investors looking at long-term investment opportunities.

Harikanta Overseas Limited IPO & Charts
₹96

0%

Open

₹96

HIgh - Low

₹96

Previous Close

₹96

Total Traded Value

0

52 Weeks High

₹96

52 Weeks Low

₹96

Updates On

May 10, 2026

IPO. Open

May 20, 2026

IPO. Close

May 22, 2026

IPO. Price

₹96.00

IPO Market price

₹94.71 Cr

IPO Details

IPO Date 27 May
IPO Listing Date 27 May
IPO Face Value ₹10 Per Equity Share
IPO Price Range ₹96.00
IPO Issue Size 26,75,000 Equity Shares
IPO Sale Type Fresh capital cum OFS
Employee Discount -
IPO Issue Type Book build Issue
IPO Listing BSE SME Platform
hare Holding Pre Issue 71,95,740

IPO Timeline

IPO Open Date 20 May
IPO Close Date 22 May
IPO Allotment (Tentative) 25 May
Refunds 26 May
Credit to Demat Account 26 May
IPO Listing Date 27 May

IPO Reservation

Category Offer
QIB Shares Offered -
NII (HNI) Shares Offered -
Retail Shares Offered -

IPO Lot Size

Application Lots Share Amount
Individual investors (Retail) (Min) 2 2,400 ₹2,30,400
Individual investors (Retail) (Max) 2 2,400 ₹2,30,400
S-HNI (Min) 3 3,600 ₹3,45,600
S-HNI (Max) 8 9600 ₹9,21,600
B-HNI (Min) 9 10,800 ₹10,36,800
About Company

Harikanta Overseas Private Limited is a Surat-based textile manufacturing company established in 2018 by the Gotawala family, carrying forward a strong textile legacy built through Shree Jalaram Enterprise. The company specializes in premium fabric manufacturing and export solutions for both domestic and international markets. With a focus on innovation, quality production, and customer satisfaction, Harikanta Overseas has grown from a small setup into a recognized textile enterprise serving global fashion requirements.

The company is known for its expertise in fabrics such as Ikat, Poly Linen, and Dhupian, which are valued for their craftsmanship and design appeal. Harikanta Overseas exports its products to multiple countries and supplies fabrics to manufacturers associated with leading fashion brands like H&M, Zara, Lifestyle, Max, and Zudio. Led by experienced directors including Hardik Gotawala, Nilesh Gotawala, and Abhishek Gotawala, the company continues expanding its manufacturing capabilities with modern technology, in-house yarn processing, and strategic business development initiatives.

-

Company Financials (Consolidated)

Assets 32.51 23.12 -
Total Income 26.28 35.5 -
Profit After Tax 5.09 4.47 -
EBITDA 7.35 6.72 -
Net Worth 18.77 13.79 -
Reserves and Surplus 11.68 6.59 -
Total Borrowing 2.87 3.26 -

Key Performance Indicator (KPI)

ROE 56.72%
ROCE 37.56%
Debt/Equity 0.24
RoNW 32.41%
PAT Margin -%
EBITDA Margin 18.92%
Price to book value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries ₹9.33
2 To meet out the expenses of Working Capital Requirement ₹4.75
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

Harikanta Overseas Ltd.
28, Sairam Ind Estate, Bamroli
Surat, Gujarat, 394107
Phone: +919898682560
Email: info@harikantaoverseas.com
Website: http://www.harikantaoverseas.com/

Detail Registrar

Bigshare Services Pvt. Ltd
Phone: 022-62638200
E-mail: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/ipo_allotment.html

FAQ

Compare:

Back To Top