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
Overall Subscription
131.79x
Total Demand
QIB Multiplier
213.53x
Institutions & Funds
NII / HNI
182.30x
High Net-Worth
Retail (RII)
98.25x
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 | 204,000 | 43,560,000 | 213.53x |
| NIB | 606,000 | 110,475,000 | 182.30x |
| RETAIL | 1,410,000 | 138,528,000 | 98.25x |
| Total | 2,220,000 | 292,563,000 | 131.79x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 495 | 48,634 | 98.25x |
| HNIs (10L +) | 3 | 547 | 182.30x |
| HNIs (2-10L) | 15 | 2,735 | 182.30x |
| Total Applications | 513 | 51,916 | 101.20x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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 Schedule:
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 is Harshdeep Hortico Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Harshdeep Hortico Limited IPO is ₹32 per equity share. Based on the upper price band of ₹42 to ₹45 per equity share, the estimated listing price is ₹77 (+71.1% expected listing gain).
What is the expected profit per lot for Harshdeep Hortico Limited IPO?
With a lot size of 3000 shares and current GMP of ₹32, the expected profit per application lot is approx ₹96,000 (+71.1% gain). Minimum application cost is approx ₹1,35,000.
What is the issue size and price band for Harshdeep Hortico Limited IPO?
The Harshdeep Hortico Limited IPO aggregate issue size is ₹19.09 Crores with an equity price band set at ₹42 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
How can I check Harshdeep Hortico Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 131.79x (Retail: 98.25x, QIB: 213.53x, NII: 182.30x). You can track live multiples directly on our dedicated subscription page.
Where and when will Harshdeep Hortico Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-02-01. Investors can verify status using PAN card or application number.
When is the listing date for Harshdeep Hortico Limited IPO?
Harshdeep Hortico Limited shares are scheduled to list on BSE on 2024-02-05.