Harikanta Overseas

UPCOMING

IPO Date: 20 May - 22 May 2026

Listing Date: 27 May 2026

Price Range

₹91 – ₹96

Issue Size

26 Cr

Min Investment

₹1,09,200

Lot Size

1200 Shares

View IPO Document

Schedule of Harikanta Overseas

Issue open date

20 May 2026

Issue close date

22 May 2026

UPI mandate deadline

22 May 2026 (5 PM)

Allotment finalization

25 May 2026

Share credit

26 May 2026

Listing date

27 May 2026

Mandate end date

6 Jun 2026

Issue size

Funds Raised in the IPOAmount
Overall26 Cr
Fresh Issue0.27 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date25 May 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
15 May 2026₹96₹0₹96 (0%)

Performance Harikanta Overseas

Issue PriceListing GainCurrent Market PriceP/L
₹91 – ₹96............

About Harikanta Overseas

Harikanta Overseas Limited is a Surat-based textile manufacturing company engaged in producing synthetic and blended fabrics used mainly in ethnic and fashion wear. Its product range includes Ikat fabrics, saree fabrics, polyester garment fabrics, dhupion fabrics, and poly linen fabrics. The company serves both domestic and international markets including Bahrain, Singapore, Thailand, and Cambodia. It also undertakes weaving and job work operations through its subsidiary to support manufacturing capacity and order execution.

Founded in2018
Managing directorHardik Kamal Gotawala
Parent organization

Financial Overview

Strengths

  • Diversified textile product portfolio catering to ethnic and fashion wear
  • Presence in both domestic and export markets
  • Direct export operations reduce dependence on merchant exporters
  • Support from subsidiary weaving unit improves production execution capability

Risks

  • Operates in a highly competitive textile industry
  • Revenue may depend heavily on fashion and seasonal demand trends
  • Raw material price fluctuations can affect profit margins
  • Export business exposes the company to foreign market and currency risks

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A