Harshdeep Hortico Limited
ListedSMEEmerging SME Services · BSE
Harshdeep Hortico Limited designs, manufactures, and supplies a wide range of indoor and outdoor planters, including plastic, FRP, illuminated, and eco-series planters, along with garden accessories like hose pipes and water canisters. Recently, the company expanded into roto-molded outdoor furniture. With two manufacturing facilities in Bhiwandi and Pune, covering a total area of over 133,000 sq. ft., it operates three retail stores in Delhi, Pune, and Rajahmundry, and has four distributors in Hyderabad, Kolkata, Chandigarh, and Visakhapatnam. The company sells products across 27 Indian states and internationally in markets like Djibouti, East Africa, the UK, and Nepal, with a growing online presence on Amazon, Flipkart, and social media. As of September 30, 2023, Harshdeep Hortico had over 125 employees.
Price Band
₹42 – ₹45
Issue Size
₹19.09 Cr
Lot Size
3000 shares
GMP
₹32
+71.1%
Est. Listing
₹77
at current GMP
Subscribed
131.79x
overall
Open
29 Jan 2024
Close
31 Jan 2024
Allotment
1 Feb 2024
Refund
2 Feb 2024
Demat Credit
3 Feb 2024
Listing
5 Feb 2024
Last updated 12 days ago
Official Registrar Verification
Harshdeep Hortico Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
1 Feb 2024
Basis finalization
Refunds Initiate
2 Feb 2024
Mandate release
Demat Credit
3 Feb 2024
Shares in demat
Listing Debut
5 Feb 2024
Trading begins
How to Check Harshdeep Hortico Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Harshdeep Hortico Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Harshdeep Hortico Limited Public Issue & Market Profile
Harshdeep Hortico Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹19.09 Crores. The shares are offered at a price band of ₹42 to ₹45 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-03, while un-allotted funds or UPI block mandates will be released on 2024-02-02.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
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.
How will I receive the refund if I don't get allotment?
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.