Harikanta Overseas Limited
ListedSMEConsumer 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
Last updated 4 months ago
Overall Subscription
1.17x
Total Demand
QIB Multiplier
21.33x
Institutions & Funds
NII / HNI
0.80x
High Net-Worth
Retail (RII)
0.66x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 54,000 | 1,152,000 | 21.33x |
| NIB | 1,240,800 | 997,200 | 0.80x |
| HNIs(10L +) | 826,800 | 880,800 | 1.07x |
| HNIs (2-10L) | 414,000 | 116,400 | 0.28x |
| RETAIL | 1,240,800 | 816,000 | 0.66x |
| Total | 3,776,400 | 3,962,400 | 1.17x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 45 | 0.00x |
| RETAIL | 517 | 340 | 0.66x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 230 | 16 | 0.07x |
| HNIs (2-10L) | 115 | 29 | 0.25x |
| Shareholder | — | — | 0.00x |
| Total Applications | 862 | 434 | 0.50x |
Day-Wise Subscription Progress
About Harikanta Overseas Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Harikanta Overseas Limited IPO?
The Harikanta Overseas Limited IPO aggregate issue size is ₹26,70,000 Crores with an equity price band set at ₹86 to ₹91 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,09,200.
How can I check Harikanta Overseas Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Harikanta Overseas Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-05-29.