HARSHDEEP
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 29 to Jan 31, 2024
Price Band
₹42-45
Current GMP
₹70 (55.56%)
Subscription
131.69 times
IPO Details
| IPO Date | January 29, 2024 to January 31, 2024 |
| Listing Date | Monday, February 5, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹42 to ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,242,000 shares (aggregating up to ₹19.09 Cr) |
| Fresh Issue | 4,242,000 shares (aggregating up to ₹19.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 11,852,060 |
| Share holding post issue | 16,094,060 |
| Market Maker portion | 216,000 shares Hem Finlease |
IPO Date
January 29, 2024 to January 31, 2024
Listing Date
Monday, February 5, 2024
Face Value
₹10 per share
Price Band
₹42 to ₹45 per share
Lot Size
3000 Shares
Total Issue Size
4,242,000 shares (aggregating up to ₹19.09 Cr)
Fresh Issue
4,242,000 shares (aggregating up to ₹19.09 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
11,852,060
Share holding post issue
16,094,060
Market Maker portion
216,000 shares Hem Finlease
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 213.53 |
| Non-Institutional Buyers* | 181.95 |
| Retail Investors | 98.25 |
| Total ** | 131.69 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
213.53
Non-Institutional Buyers*
181.95
Retail Investors
98.25
Total **
131.69
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 29, 2024 | 8.72 | 1.44 | 3.10 | 3.16 |
| Day 2 Jan 30, 2024 | 14.32 | 17.03 | 21.46 | 19.59 |
| Day 3 Jan 31, 2024 | 213.53 | 181.95 | 98.25 | 131.69 |
DayDay 1
Jan 29, 2024
QIB8.72
NII*1.44
Retail3.10
Total3.16
DayDay 2
Jan 30, 2024
QIB14.32
NII*17.03
Retail21.46
Total19.59
DayDay 3
Jan 31, 2024
QIB213.53
NII*181.95
Retail98.25
Total131.69
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 05-02-2024 | 45.00 | 32 (71.11%) | 77 |
| 04-02-2024 | 45.00 | 32 (71.11%) | 77 |
| 03-02-2024 | 45.00 | 32 (71.11%) | 77 |
| 02-02-2024 | 45.00 | 32 (71.11%) | 77 |
| 01-02-2024 | 45.00 | 30 (66.67%) | 75 |
| 31-01-2024 | 45.00 | 20 (44.44%) | 65 |
| 30-01-2024 | 45.00 | 15 (33.33%) | 60 |
| 29-01-2024 | 45.00 | 12 (26.67%) | 57 |
| 28-01-2024 | 45.00 | 0 (0%) | 45 |
| 27-01-2024 | 45.00 | 0 (0%) | 45 |
| 26-01-2024 | 45.00 | 0 (0%) | 45 |
| 25-01-2024 | 45.00 | 0 (0%) | 45 |
| 24-01-2024 | 45.00 | 0 (0%) | 45 |
| 23-01-2024 | 45.00 | 0 (0%) | 45 |
| 22-01-2024 | 45.00 | 0 (0%) | 45 |
| 21-01-2024 | 45.00 | 0 (0%) | 45 |
| 20-01-2024 | 45.00 | 0 (0%) | 45 |
| 19-01-2024 | 45.00 | 0 (0%) | 45 |
Date05-02-2024
Price45.00
GMP32 (71.11%)
Estimate List Price77
Date04-02-2024
Price45.00
GMP32 (71.11%)
Estimate List Price77
Date03-02-2024
Price45.00
GMP32 (71.11%)
Estimate List Price77
Date02-02-2024
Price45.00
GMP32 (71.11%)
Estimate List Price77
Date01-02-2024
Price45.00
GMP30 (66.67%)
Estimate List Price75
Date31-01-2024
Price45.00
GMP20 (44.44%)
Estimate List Price65
Date30-01-2024
Price45.00
GMP15 (33.33%)
Estimate List Price60
Date29-01-2024
Price45.00
GMP12 (26.67%)
Estimate List Price57
Date28-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date27-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date26-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date25-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date24-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date23-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date22-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date21-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date20-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
Date19-01-2024
Price45.00
GMP0 (0%)
Estimate List Price45
IPO Important Dates
| IPO Open Date | Monday, January 29, 2024 |
| IPO Close Date | Wednesday, January 31, 2024 |
| Basis of Allotment | Thursday, February 1, 2024 |
| Initiation of Refunds | Friday, February 2, 2024 |
| Credit of Shares to Demat | Friday, February 2, 2024 |
| Listing Date | Monday, February 5, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 31, 2024 |
IPO Open Date
Monday, January 29, 2024
IPO Close Date
Wednesday, January 31, 2024
Basis of Allotment
Thursday, February 1, 2024
Initiation of Refunds
Friday, February 2, 2024
Credit of Shares to Demat
Friday, February 2, 2024
Listing Date
Monday, February 5, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 31, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| HNI (Min) | 2 | 6,000 | ₹270,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹135,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹135,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹270,000
Financial Information
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
|---|---|---|
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 3,059.49 | 4.89 |
| Revenue | 1,482.84 | |
| Profit After Tax | 177.24 | -0.27 |
| Net Worth | 1,325.82 | 4.73 |
| Reserves and Surplus | 1,318.85 | -0.27 |
| Total Borrowing | 636.82 |
Period EndedPeriod Ended
31 Jul 202331 Jul 2023
31 Mar 202331 Mar 2023
Period EndedAssets
31 Jul 20233,059.49
31 Mar 20234.89
Period EndedRevenue
31 Jul 20231,482.84
31 Mar 2023
Period EndedProfit After Tax
31 Jul 2023177.24
31 Mar 2023-0.27
Period EndedNet Worth
31 Jul 20231,325.82
31 Mar 20234.73
Period EndedReserves and Surplus
31 Jul 20231,318.85
31 Mar 2023-0.27
Period EndedTotal Borrowing
31 Jul 2023636.82
31 Mar 2023
Key Performance Indicator
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0 | 3.3 |
EPS (Rs)
Pre IPO0
Post IPO3.3
IPO Reservation
| Anchor Investor Shares Offered | 1,206,000 (33.11%) |
| Market Maker Shares Offered | 216,000 (5.93%) |
| QIB Shares Offered | 204,000 (5.60%) |
| NII (HNI) Shares Offered | 606,000 (16.64%) |
| Retail Shares Offered | 1,410,000 (38.71%) |
| Total Shares Offered | 3,642,000 (100%) |
Anchor Investor Shares Offered
1,206,000 (33.11%)
Market Maker Shares Offered
216,000 (5.93%)
QIB Shares Offered
204,000 (5.60%)
NII (HNI) Shares Offered
606,000 (16.64%)
Retail Shares Offered
1,410,000 (38.71%)
Total Shares Offered
3,642,000 (100%)
Information about company
Harshdeep Hortico Limited designs, manufactures, and supplies pots and planters for indoor and outdoor use.
The company's product portfolio includes indoor plastic planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, eco-series planters, etc. and related accessories such as garden hose pipes and water canisters.
Recently, the company also entered the field of Roto Moulded Outdoor Furniture.
Harshdeep Hortico has two manufacturing facilities in Bhiwandi and Pune with an area of approximately 93769 sq. ft. and 40000 sq. ft. respectively. The company has three stores in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh) and four distributors in Hyderabad, Kolkata, Chandigarh and Visakhapatnam. The company also has an online presence via Amazon and Flipkart as well as social media platforms such as Facebook and Instagram.
The company's customers come from 27 states and union territories in India as well as overseas countries such as Djibouti, East Africa, the United Kingdom, Nepal, etc.
As on September 30, 2023, the company had over 125 employees.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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