Harshdeep Hortico
Harshdeep Hortico Info
Details about the Harshdeep Hortico IPO. Opening Date of Harshdeep Hortico is 29 Jan 24 and Closing Date is 31 Jan 24 . Face Value of Each share of Harshdeep Hortico is ₹10 per share. Price band of Harshdeep Hortico is ₹42 to ₹45. The Lot size of Harshdeep Hortico is 3,000 shares. Total issue size of Harshdeep Hortico IPO is ₹19.09 cr. Fresh Issue of Harshdeep Hortico IPO is 19.09 cr. This is a Book Building IPO. Expected to list on BSE SME. Share Holding Pre Issue of Harshdeep Hortico is 11,852,060. Share Holding Post Issue of Harshdeep Hortico is 16,094,060.
Business Summary
Harshdeep Hortic was incorporated in December 2022
Harshdeep Hortico is primarily engaged in the business of designing, developing, manufacturing and supplying of various types of pots and planters like: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc.along with related accessories like Garden Hose Pipe & Water Can.
Comapany's product marketing spans 27 Indian states and Union Territories, with Maharashtra contributing significantly to the revenue. Additionally, Company exports through M/s Harshdeep Agro Products to countries like Djibouti, East Africa, UK, Nepal generated ₹75.58 lakhs and ₹70.25 lakhs in revenue for the fiscal years 2023 and 2022, constituting 1.85% and 2.02% of our total revenue, respectively.
Harshdeep Hortico IPO Details
| Open Date | 29 Jan 24 |
|---|---|
| Close Date | 31 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹42 - ₹45 |
| Lot Size | 3,000 Shares |
| Total issue Size | 4,242,000 Shares ₹19.09 cr |
| Fresh Issue | 4,242,000 Shares ₹19.09 cr |
| Issue Type | Book Building |
| Listing At | BSE SME |
| Share Holding Pre Issue | 11,852,060 |
| Share Holding Post Issue | 16,094,060 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 216,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Harshdeep Hortico IPO Timeline
The Harshdeep Hortico Initial Public Offering (IPO) is set to open on 29 Jan 24 and will end its subscription phase on 31 Jan 24. You can check your allotment status for Harshdeep Hortico on 01 Feb 24. The refund process for your funds will start promptly on 02 Feb 24. Harshdeep Hortico IPO credit of shares will be on 02 Feb 24. The listing date for Harshdeep Hortico is on 05 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Harshdeep Hortico IPO Reservation
The Harshdeep Hortico IPO reserves shares for different investor categories. Approximately Not more than 50% of the Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
216,000 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Harshdeep Hortico IPO Lot Size
Bids can be made for minimum of 3000 shares and in multiple of 3000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | 135,000 |
| Retail (Max) | 1 | 3,000 | 135,000 |
| HNI (Min) | 2 | 6,000 | 270,000 |
Harshdeep Hortico IPO Promoters Holding
Promoters holding details for Harshdeep Hortico in the current issue is as follows: The share holding of promoters before the issue stands at 97.38%, and after the issue, it has been adjusted to 71.72%.
Promoters of Harshdeep Hortico are Hitesh Chunilal Shah,
| Share Holding Pre Issue | 97.38% |
|---|---|
| Share Holding Post Issue | 71.72% |
Harshdeep Hortico Financial Information
Financial performance details for Harshdeep Hortico over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Jul 23 |
|---|---|
| Assets | 3,059.49 |
| Revenue | 1,482.84 |
| Profit After Tax | 177.24 |
Harshdeep Hortico IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Harshdeep Hortico are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| EPS (Rs) | 1.50 |
Object of the Issue
- • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
- • To meet Working Capital requirements
- • General Corporate Purpose
Contact Details for Harshdeep Hortico
Phone
Office
Building No.1 Shree Sai Logistics, Survey No.18/2e 18/2p 17/2a, 17/2b Part, Elkunde, Bhiwandi, Thane- 421302, Maharashtra, India
Registrar Details for Harshdeep Hortico
Link Intime India Private Ltd
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Hem Securities Limited