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HomeIPOHarikanta Overseas

About Harikanta Overseas

Harikanta Overseas was established in the year 2018, which specializes in the manufacture of artificial textiles. The products include Ikat fabric, polyester garments fabric, saree fabric, dhupion fabric, poly linen, and natural fiber fabric. The primary customers of the company are women who require fabrics for sarees, dress materials, and kurtas, along with those used for men's kurtas. The company has manufactured an industry that occupies 953.93 sq. meters in Sai Ram Industrial Estate-2, Bamroli, Surat. The company also exports its products to Bahrain, Singapore, and Thailand, along with important domestic markets like Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan. As of August 31, 2025, the company employs 42 permanent workers.

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Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
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Issue Size22.98 Cr
Min. Qty2000 Shares
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National Stock Exchange of India

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17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
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29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Harikanta Overseas

Harikanta Overseas

Open Date

May 20, 2026

Close Date

May 27, 2026

listed

Min Investment

₹2,18,400

Lot Size

1200 Shares

Issue Size

₹24.3 Cr

Price Range

₹86 - ₹86

Listing Date

Jun 2, 2026

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Revenue Growth

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Harikanta Overseas IPO - Issue Objectives

The company will use ₹14.73 crore for factory premises capex, plant and machinery The company will use ₹4.75 crore for working capital requirements of business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

58.1%

Working capital

18.7%

General corporate purposes

23.1%

1

Capital expenditure

The company will use ₹14.73 crore for factory premises capex, plant and machinery

58.10%
2

Working capital

The company will use ₹4.75 crore for working capital requirements of business.

18.70%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

23.10%

IPO Subscription Status

QIB
21.33x
NII
0.80x
Total
1.17x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Harikanta Overseas

In Cr.

Contact Details

Harikanta Overseas

28, Sairam Ind Estate, Bamroli, Surat, Gujarat - 394107.

+919898682560
info@harikantaoverseas.com
https://harikantaoverseas.com

Harikanta Overseas IPO - FAQs

Harikanta Overseas IPO is a SME IPO. The issue is priced at 86-₹91. The minimum order quantity is 1200 Shares. The IPO opens on 20 May, and closes on 27 May. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-05-19
  • Bidding Starts2026-05-20
  • Bidding Ends2026-05-27
  • Allotment Finalisation2026-05-29
  • Release of Funds2026-06-01
  • Demat Transfer2026-06-01
  • Listing2026-06-02