| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹19.09 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹19.09 Cr |
| Fresh Issue | ₹18.12 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน42.00-45.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544105 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Hem Securities 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: 3,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 4.08 |
| 2 | To meet Working Capital requirements | 9.00 |
| 3 | General Corporate Purpose | 3.64 |
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 30.59 | 0.05 |
| Total Income | 14.83 | |
| Profit After Tax | 1.77 | -0.00 |
| NET Worth | 13.26 | 0.05 |
| Reserves and Surplus | 13.19 | -0.00 |
| Total Borrowing | 6.37 | |
| Amount in ₹ Crore | ||
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 0.00 | 3.30 |
| P/E (x) | 0 | 13.62 |
| Promoter Holding | 97.38% | 71.72% |
| Market Cap | โน72.42 Cr. | |