
Emerging 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹45
Band: ₹42 – ₹45
Estimated Listing Price
₹77
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,35,000
Estimated Profit / Lot
₹96,000
3000 × ₹32
Grey Market Premium trend
+₹32
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹32 | 71.1% | ₹77 |
| 30 Oct 2026 | +₹32 | 71.1% | ₹77 |
| 29 Oct 2026 | +₹29 | 64.0% | ₹74 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Harshdeep Hortico Limited IPO is ₹32, which indicates an expected listing price of ₹77.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.