Harikanta Overseas IPO

UpcomingSME

Price Band

91 – ₹96

Issue Size

26 Cr

Lot Size

1200 shares

Min ₹2,30,400

Issue Dates

20 May 22 May 2026

Listing Date

27 May 2026

About Harikanta Overseas Ltd.

Harikanta Overseas Ltd. is engaged in the manufacturing of synthetic textile fabrics, including Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company primarily supplies fabrics for women’s wear such as sarees and dress materials, as well as men’s kurtas. It operates a manufacturing unit in Surat, Gujarat and exports products to Bahrain, Singapore, and Thailand while also serving domestic markets across multiple Indian states.

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IPO Details

Price Band₹91 – ₹96
Face Value₹10
Lot Size1200 shares(Min ₹2,30,400)
Issue Size₹26 Cr
Fresh Issue₹26 Cr
Total Shares Offered26,69,791
Listed OnBSE

Objects of the Issue

Capital expenditure for factory premises, purchase of machinery, working capital requirements, and general corporate purposes

Key Financial Metrics

EPS (Basic)

6.21

P/E Ratio

15.45x

ROE

56.72%

ROCE

37.56%

Debt / Equity

0.24

Financial Performance

Particulars (₹ Cr)FY23FY24FY25
Revenue15.0611.2735.5
EBITDA0.491.246.72
PAT0.250.824.47
Total Assets4.996.6123.12
Net Worth1.151.9713.79
Total Borrowings1.341.473.26

Valuation

Market Capitalisation

Pre-IPO₹94.76 Cr
Post-IPO₹94.76 Cr

P/E Ratio

Pre-IPO15.45x
Post-IPO12.41x

Promoter Holding

Pre-IPO96.87%
Post-IPO64.58%

Public Holding

Pre-IPO3.13%
Post-IPO35.42%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
Retail (RII)2 × 1200₹2,30,400₹2,30,400
S-HNI3 × 1200₹3,45,600₹7,68,000
B-HNI9 × 1200₹10,80,000

Registrar & Lead Managers

Registrar

Bigshare Services Pvt. Ltd.

Lead Managers (1)

Interactive Financial Services Ltd.

Peer Comparison

CompanyListedMkt Cap (₹ Cr)EPS (₹)P/EROE %
Harikanta Overseas IPO (this IPO)94.76₹6.2115.45x56.72%
Vardhman Textiles LtdYes14,500₹38.414.2x12.8%
Alok Industries LtdYes8,500₹3.2545.6x5.4%
Sangam India LtdYes2,100₹22.118.9x14.7%
Nandan Denim LtdYes950₹2.832.5x6.1%

Data as of 13/5/2026

Frequently Asked Questions

10 questions about Harikanta Overseas IPO IPO

The IPO opens on 20 May 2026 and closes on 22 May 2026.

Important Dates

Issue Opens20 May 2026
Issue Closes22 May 2026
Anchor Bid Date19 May 2026
Allotment25 May 2026
Refund Initiation26 May 2026
Demat Credit26 May 2026
Listing Date27 May 2026

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