Bookbuilding IPO | ₹70 Cr | Listing at NSE SME |
Harit Industries Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 19, 2026 to raise funds through Initial Public Offer (IPO).
Harit Industries Ltd. IPO is a Book Build Issue of ₹70.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on the NSE SME. Indorient 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 Harit Industries 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 | NSE SME |
| Total Issue Size | [.] shares (agg. up to ₹70 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹70 Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Mar 19, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue. |
| NII Shares Offered | Not less than 15% of the Net Issue |
Founded in 2019, Harit Industries Ltd. is a fully integrated textile manufacturer in the Home Textile Sector.
The Company currently has in-house, ready-made curtain fabric for curtain and upholstery manufacturing, and fabric processing capabilities, positioning it to sell economy and premium range products under its own brands as well as on a private and white-label basis.
The company operates in three business segments.
The company has a strong domestic footprint, with sales focused solely within India, spanning 16 states for broad market coverage.
The company has four operational manufacturing facilities, one under approval, one finishing-cum-warehousing unit, and two godowns in Bhiwandi, Maharashtra.
As of January 31, 2026, the company had 253 permanent employees.
Competitive Strength
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 140.06 | 102.57 | 98.11 | 87.41 |
| Total Income | 63.86 | 130.08 | 119.09 | 103.35 |
| Profit After Tax | 6.21 | 12.11 | 7.35 | 7.85 |
| EBITDA | 11.17 | 21.99 | 15.48 | 13.24 |
| NET Worth | -11.17 | -10.57 | -11.11 | -10.85 |
| Reserves and Surplus | 44.36 | 38.14 | 26.03 | 18.68 |
| Total Borrowing | 19.90 | 19.05 | 17.97 | 18.78 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or in part, of certain outstanding loans availed by the Company | 52.48 |
| 2 | General Corporate Purposes | |
| Total | 52.48 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 36.61% |
| ROCE | 23.92% |
| Debt/Equity | 1.47 |
| RoNW | 36.61% |
| PAT Margin | 9.40% |
| EBITDA Margin | 17.07% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.57% |
Lead Manager Reports
Harit Industries IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹70 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Harit Industries 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 NSE SME.
Zerodha customers can apply online in Harit Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Harit Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Harit Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Harit Industries IPO dates are not announced. Please check back again after some time.
Harit Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Harit Industries 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 Harit Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Harit Industries IPO allotment status.
The Harit Industries IPO listing date is not yet announced. The tentative date of listing is .
