Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Harikanta Overseas Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.27 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Interactive Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Harikanta Overseas IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 26,75,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 26,75,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 71,95,740 shares |
| Share Holding Post Issue | 98,70,740 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Mon, Dec 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product range includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supply fabrics for women’s wear such as sarees, dress materials, and kurtas, while also offering fabrics for men’s kurtas.
The company has set up a manufacturing unit in Surat, Gujarat, spread across 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli. The company also export products to Bahrain, Singapore, and Thailand, while serving key domestic markets such as Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.
As on August 31, 2025, the company has 42 permanent employees.
Competitive Strengths
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 23.12 |
| Total Income | 35.50 |
| Profit After Tax | 4.47 |
| EBITDA | 6.72 |
| NET Worth | 13.79 |
| Reserves and Surplus | 6.59 |
| Total Borrowing | 3.26 |
| Amount in ₹ Crore | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Factory premises | 5.40 |
| 2 | Capital Expenditure for purchase of machineries | 9.33 |
| 3 | Working Capital Requirement | 4.75 |
| 4 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 56.72% |
| ROCE | 37.56% |
| Debt/Equity | 0.24 |
| RoNW | 32.41% |
| PAT Margin | 12.70% |
| EBITDA Margin | 18.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 96.87% |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | |
| Assets | 6.61 | 4.99 | |
| Total Income | 11.27 | 15.06 | |
| Profit After Tax | 0.82 | 0.25 | |
| EBITDA | 1.24 | 0.49 | |
| NET Worth | 1.97 | 1.15 | |
| Reserves and Surplus | 1.47 | 0.65 | |
| Total Borrowing | 1.47 | 1.34 | |
| Amount in ₹ Crore | |||
Lead Manager Reports
Harikanta Overseas IPO is a SME IPO of 26,75,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Harikanta Overseas IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Harikanta Overseas IPO using UPI as a payment gateway. Zerodha customers can apply in Harikanta Overseas IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Harikanta Overseas IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Harikanta Overseas IPO dates are not announced. Please check back again after some time.
Harikanta Overseas IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Harikanta Overseas IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Harikanta Overseas IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Harikanta Overseas IPO allotment status.
The Harikanta Overseas IPO listing date is not yet announced. The tentative date of listing is .
