Harsha Engineers IPO Subscription Details

Bookbuilding IPO | ₹755 Cr | Listed at BSE, NSE | Wed, Sep 14, 2022 - Fri, Sep 16, 2022

Basis of Allotment - Harsha Engineers IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)45,60,61568,40,8551,14,01,47011,40,15022,80,30034,20,45079,81,06583,6102,28,86,595
Allotment price (Rs.)330330330330330330330299330
No.of applications165231881,13,07141,5751,54,64623,85,74498625,41,564
No.of shares applied86,86,08,81071,43,75087,57,52,5607,71,41,65516,02,55,08023,73,96,73514,32,58,6251,86,5701,25,65,94,490
Amount collected (Rs.cr.)28,664.09 235.74 28,899.83 2,545.67 5,288.42 7,834.09 4,727.53 5.58 41,453.39
No.of times subscribed190.461.0476.8167.6670.2869.4117.952.2354.91
No.of shares allotted45,60,61568,40,8551,14,01,47011,40,15022,80,30034,20,45079,81,06583,6102,28,86,595
Amount (Rs.cr.)150.50 225.75 376.25 37.62 75.25 112.87 263.38 2.50 755.00
No.of allottees165231881,8093,6195,4281,77,5577891,83,962

IPO Shares Offered

Harsha Engineers IPO is a public issue of 2.29 Cr equity shares. The issue offers 0.80 Cr shares to retail investors, 1.14 Cr shares to qualified institutional buyers, and 0.34 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,14,01,470376.25 49.82%
    Anchor 68,40,855 225.75 29.89%
    QIB (Ex Anchor) 45,60,615 150.50 19.93%
NII 34,20,450112.87 14.95%
    bNII (> ₹10L)22,80,30075.25 9.96%
    sNII (< ₹10L)11,40,15037.62 4.98%
Retail79,81,065263.38 34.87%
Employee83,6102.76 0.37%
Total2,28,86,595755.26 100%

Harsha Engineers IPO Anchor Investor Allocation

A total of 68,40,855 shares at a price of Rs 330 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 13, 2022
Anchor investor price₹330.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days34,20,428
No. of shares locked-in for 90 days34,20,428
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AMERICAN FUNDS INSURANCE SERIES-GLOBAL SMALL CAPITALIZATION FUND AMERICAN FUNDS INSURANCE SERIES 9,69,570 32.00 14.17 4.24
2 WHITEOAK CAPITAL FLEXI CAP FUND WHITEOAK CAPITAL MUTUAL FUND 3,56,625 11.77 5.21 1.56
3 WHITEOAK CAPITAL MID CAP FUND WHITEOAK CAPITAL MUTUAL FUND 1,78,965 5.91 2.62 0.78
4 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 5,35,590 17.67 7.83 2.34
5 HDFC SMALL CAP FUND HDFC MUTUAL FUND 5,35,590 17.67 7.83 2.34
6 SBI MAGNUM CHILDREN'S BENEFIT FUND SBI MUTUAL FUND 30,285 1.00 0.44 0.13
7 SBI LONG TERM ADVANTAGE FUND-SERIES I SBI MUTUAL FUND 24,255 0.80 0.35 0.11
8 SBI LONG TERM ADVANTAGE FUND-SERIES II SBI MUTUAL FUND 20,610 0.68 0.30 0.09
9 SBI LONG TERM ADVANTAGE FUND-SERIES III SBI MUTUAL FUND 38,475 1.27 0.56 0.17
10 SBI MULTI ASSET ALLOCATION FUND SBI MUTUAL FUND 4,21,965 13.92 6.17 1.84
11 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 3,03,165 10.00 4.43 1.32
12 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 3,03,165 10.00 4.43 1.32
13 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 1,51,605 5.00 2.22 0.66
14 UTI SMALL CAP FUND UTI MUTUAL FUND 1,51,560 5.00 2.22 0.66
15 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 3,03,165 10.00 4.43 1.32
16 ABU DHABI INVESTMENT AUTHORITY-MONSOON ABU DHABI INVESTMENT 5,35,590 17.67 7.83 2.34
17 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 5,05,260 16.67 7.39 2.21
18 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES B NIPPON INDIA MUTUAL FUND 30,330 1.00 0.44 0.13
19 ICICI PRUDENTIAL SMALLCAP FUND ICICI PRUDENTIAL MUTUAL FUND 2,67,795 8.84 3.91 1.17
20 ICICI PRUDENTIAL ESG EXCLUSIONARY STRATEGY FUND ICICI PRUDENTIAL MUTUAL FUND 2,67,795 8.84 3.91 1.17
21 DSP SMALL CAP FUND DSP MUTUAL FUND 3,03,165 10.00 4.43 1.32
22 HSBC FOCUSED FUND HSBC MUTUAL FUND 3,03,165 10.00 4.43 1.32
23 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 3,03,165 10.00 4.43 1.32
68,40,855225.7510029.89

IPO Subscription FAQs

The Harsha Engineers IPO is subscribed 74.6993 times by Sep 16, 2022 19:00.

Harsha Engineers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional178.2565
Non Institutional71.3221
Retail Individual17.6312
Employee Reservations12.0667
Total Subscription74.6993

Retail category of Harsha Engineers IPO subscribed 17.6312 times as of date Sep 16, 2022 19:00. The public issue closes on Fri, Sep 16, 2022 for bidding.

An investor can apply in Harsha Engineers IPO online via bank (using ASBA) or the broker (using UPI). The Harsha Engineers IPO shares are offered online only.

The Harsha Engineers IPO is subscribed 74.6993 times by Sep 16, 2022 19:00.

The Harsha Engineers IPO allotment status is expected on or around Wednesday, September 21, 2022. Visit Harsha Engineers IPO allotment status to check.

The Harsha Engineers IPO listing date is September 26, 2022. The equity share of Harsha Engineers IPO will list on BSE, NSE.

Visit Harsha Engineers IPO subscription status page for real-time bidding information about Harsha Engineers IPO.

Harsha Engineers IPO Timetable

IPO opens OnWednesday, September 14, 2022
IPO Closes OnFriday, September 16, 2022
Finalisation of Basis of AllotmentWednesday, September 21, 2022
Initiation of RefundsThursday, September 22, 2022
Credit of Shares to Demat AccountFriday, September 23, 2022
IPO Listing DateMonday, September 26, 2022
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