Elfin Agro India IPO vs Harikanta Overseas IPO

Comparison between Elfin Agro India IPO and Harikanta Overseas IPO.

IPO Details

Elfin Agro India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Harikanta Overseas IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Elfin Agro India IPO is up to ₹23.77 Cr whereas the issue size of the Harikanta Overseas IPO is up to ₹0.00 Cr. The final issue price of Elfin Agro India IPO is ₹47.00 per share and of Harikanta Overseas IPO is .

 Elfin Agro India IPOHarikanta Overseas IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹47.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size3000 shares
Fresh Issue Size50,58,000 shares26,75,000 shares
Fresh Issue Size (Amount)up to ₹23.77 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,58,000 shares26,75,000 shares
Issue Size Total (Amount)up to ₹23.77 Crup to ₹0.00 Cr

IPO Timetable

Elfin Agro India IPO opens on Mar 05, 2026, while Harikanta Overseas IPO opens on . The closing date of Elfin Agro India IPO and Harikanta Overseas IPO is Mar 09, 2026, and , respectively.

Financials & KPIs

Elfin Agro India IPO P/E ratio is 13.05, as compared to Harikanta Overseas IPO P/E ratio of .

 Elfin Agro India IPOHarikanta Overseas IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets42.3933.4424.6920.90
Total Income117.72146.44124.71101.45
Profit After Tax3.985.083.681.81
EBITDA6.687.545.823.11
NET Worth17.7613.788.705.02
Reserves and Surplus10.716.737.293.61
Total Borrowing12.6912.197.607.23
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets23.12
Total Income35.50
Profit After Tax4.47
EBITDA6.72
NET Worth13.79
Reserves and Surplus6.59
Total Borrowing3.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10096.87
Promoter Shareholding (Post-Issue)72.59
P/E Ratio13.05
Market Cap₹91.30 Cr.
ROE36.8656.72
ROCE47.9337.56
Debt/Equity0.880.24
EPS₹3.60
RoNW36.8632.41

Shares Offered

In the Elfin Agro India IPO Retail Individual Investors (RII) are offered 25,38,000 shares while in Harikanta Overseas IPO retail investors are offered 25,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Elfin Agro India IPO and 0 shares in Harikanta Overseas IPO.

 Elfin Agro India IPOHarikanta Overseas IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,67,000 shares0 shares
QIB0 shares0 shares
NII25,20,000 shares0 shares
RII25,38,000 shares0 shares
Employee0 shares0 shares
Others
Total50,58,000 shares0 shares

Bids Received (Subscription)

Elfin Agro India IPO subscribed 1.35x in total, whereas Harikanta Overseas IPO subscribed .

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Elfin Agro India IPO Vs Harikanta Overseas IPO