
Consumer Discretionary / Gems & Jewellery · BSE
Harikanta Overseas, incorporated in 2018, is a Surat-based textile manufacturer engaged in producing synthetic and blended fabrics used primarily in women’s ethnic wear such as sarees, dress materials, and kurtas, along with select fabrics for men’s kurtas. Its product portfolio includes Ikat fabrics, polyester garment fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company operates a manufacturing facility in Surat, Gujarat, and serves both domestic and international markets, exporting to countries like Bahrain, Singapore, and Thailand while maintaining a strong presence across several Indian states. With a focused product range and growing market reach, Harikanta Overseas continues to strengthen its position in the textile and fabric manufacturing segment.
Price Band
₹86 – ₹91
Issue Size
₹267.00 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹91
at current GMP
Subscribed
1.17x
overall
Open
20 May 2026
Close
27 May 2026
Allotment
29 May 2026
Refund
30 May 2026
Demat Credit
31 May 2026
Listing
2 Jun 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
29 May 2026
Basis finalization
Refunds Initiate
30 May 2026
Mandate release
Demat Credit
31 May 2026
Shares in demat
Listing Debut
2 Jun 2026
Trading begins
Harikanta Overseas Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Gems & Jewellery sector with an aggregate issue size of ₹26,70,000 Crores. The shares are offered at a price band of ₹86 to ₹91 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-05-27, the basis of allotment is scheduled to be finalized on 2026-05-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.