| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹24.30 Cr |
| Reserved for Market Maker | ₹1.22 Cr |
| Net Issue Size | ₹24.30 Cr |
| Fresh Issue | ₹23.07 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน86.00-91.00 per share |
| BSE Code | 544769 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares ยท Multiples of 1,200 shares
Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product range includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supply fabrics for women’s wear such as sarees, dress materials, and kurtas, while also offering fabrics for men’s kurtas.
The company has set up a manufacturing unit in Surat, Gujarat, spread across 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli. The company also export products to Bahrain, Singapore, and Thailand, while serving key domestic markets such as Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.
As on August 31, 2025, the company has 42 permanent employees.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Factory Premises | 5.40 |
| 2 | Capital Expenditure for purchase of machineries | 9.33 |
| 3 | Working Capital Requirement | 4.75 |
| 4 | General Corporate Purposes | 1.31 |
| 5 | Issue expenses | 3.51 |
| Total | 24.30 |
| Period Ended | 30 Nov 2025 | 31 Mar 2025 |
|---|---|---|
| Assets | 32.51 | 23.12 |
| Total Income | 26.28 | 35.50 |
| Profit After Tax | 5.09 | 4.47 |
| EBITDA | 7.35 | 6.72 |
| NET Worth | 18.77 | 13.79 |
| Reserves and Surplus | 11.68 | 6.59 |
| Total Borrowing | 2.87 | 3.26 |
| Amount in ₹ Crore | ||
| KPI | Nov 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 31.15% | 56.72% |
| ROCE | 31.99% | 37.56% |
| Debt / Equity | 0.15% | 0.24% |
| RoNW | 27.10% | 32.41% |
| PAT Margin | 19.50% | 12.70% |
| EBITDA Margin | 27.97% | 18.92% |
| Price to Book Value | 3.68 | 4.75 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.21 | 7.73 |
| P/E (x) | 14.66 | 11.77 |
| Promoter Holding | 96.87% | 70.66% |
| Market Cap | โน89.78 Cr. | |