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Harsha Engineers IPO Date Now fixed, IPO is pending open to [.] and will be closed [.], Harsha Engineers IPO To raise around ₹755 crore through IPO Including fresh issue of ₹455 crore and offer for sale of ₹10 to ₹300 crore. Retail quota is 10%QIB is 75%, and HNI is 15%.
Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of Harsha Group. The company is one of the leading manufacturers of precision bearing cages in the world in terms of revenue with a market share of around 5% to 6% in the organized segment of global brass, steel and polyamide bearing cages. The product range includes brass cages, steel cages, polyamide cages and stamped components. They supply their products to over 25 countries covering five continents.
They have manufacturing facilities at Changodar and Moraiya, near Ahmedabad in Gujarat in India. They also have a production facility in Changshu, China, and through a step-down subsidiary in Ghimbav Braov in Romania. They have two segments of businesses – Engineering business and Solar EPC business. They supply their products to industries such as the automotive, railway, aviation and aerospace, construction, mining, agriculture, electrical and electronics, and renewable sectors. The company has a good relationship with its major customers. They are experts in tooling, design development and automation. You can check Harsha Engineers IPO subscription status and Harsh Engineers IPO allotment status on their respective pages. Harsha Engineers raised ₹252 crore from anchor investors ahead of the IPO on August 11, 2022.
Items of issue:
- Prepayment or scheduled repayment of a portion of the existing borrowings taken by our Company.
- Financing of capital expenditure requirements for purchase of machinery.
- Repair and refurbishment of infrastructure of our existing production facilities including office premises in India.
- General Corporate Purpose.
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Harsha Engineers IPO Date & Price Band
| Harsha Engineers IPO Open: | August, 2022 |
| Harsha Engineers IPO Closed: | August, 2022 |
| Harsha Engineers IPO Size: | almost ₹755 Ten million |
| Latest Issues: | almost ₹455 crore |
| Offer for sale: | almost ₹300 crore |
| Face value: | ₹10 per equity share |
| Harsha Engineers IPO Price Band: | [.] from ₹[.] per share |
| On Harsha Engineers IPO listing: | BSE and NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | n/a |
| DRHP Draft Prospectus: | click here |
| RHP Draft Prospectus: | click here |
| List of Anchor Investors: | click here |
Harsha Engineers IPO Market Lot
Harsha Engineers IPO has minimum market lot [.] Share with ₹[.] Application amount. Retail investors can apply up to 13 lots [.] Share or ₹[.] price.
| Minimum lot size: | the minimum [.] shares for 1 lot |
| minimum amount: | [.] for 1 lot |
| Max Lot Size: | maximum [.] shares for 13 lots |
| maximum amount: | [.] for 13 lots |
Harsha Engineers IPO Allotment & Listing Dates
The date of IPO of Harsha Engineers is August and the last date is August. The IPO allotment of Harsha Engineers will be finalized on September and the IPO listing will be finalized on September.
| Price Band Declaration: | August, 2022 |
| Anchor Investor Allocation: | August, 2022 |
| Harsha Engineers IPO Open Date: | August, 2022 |
| Harsha Engineers IPO Closing Date: | August, 2022 |
| Allocation Basis: | September, 2022 |
| Refunds: | September, 2022 |
| Credit to Demat Account: | september2022 |
| Harsha Engineers IPO Listing Date: | September, 2022 |
Harsha Engineers IPO Form
How to apply for Harsh Engineers IPO? You can apply for Harsh Engineers IPO through ASBA available in your bank account. Simply go to online bank login and apply through your bank account by selecting Harsh Engineers IPO in investment section. Another option is that you can apply for Harsh Engineers IPO through downloaded IPO form through NSE and BSE. View Harsh Engineers Form – BSE Form & NSE Form Download blank IPO form, fill, and submit to your bank or with your broker.
Harsha Engineers Company Financial Report
| ₹ in crore | |||||
| revenue | Expense | to Pat |
|||
| 2019 | ₹118 | ₹157 | ₹27.41 | ||
| 2020 | ₹900 | ₹868 | ₹21.91 | ||
| 2021 | ₹877 | ₹816 | ₹45.44 | ||
| 2022 6M |
₹638 | ₹578 | ₹43.71 | ||
Harsha Engineers IPO Valuation – FY2021
Check out Harsha Engineers IPO valuation details such as Earnings Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RONW), and Net Asset Value (NAV) details of Harsha Engineers.
| Earnings Per Share (EPS): | ₹ 9.09 per equity share |
| Price/Earnings P/E Ratio: | n/a |
| Return on Net Worth (RONW): | 10.49% |
| Net Asset Value (NAV): | 86.64 per equity share |
peer group
- Timken India Limited
- SKF India Limited
- Rolex Rings Limited
- Sundaram Fasteners Ltd.
company promoter
- Rajendra Shahi
- Harish Rangwala
- big colored
- Pilak Shahi
Harsha Engineers IPO Registrar
Link Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Check Harsha Engineers IPO Allotment Status
Check Harsh Engineers IPO Allotment Status on Linkintime website allotment url. click here
Harsha Engineers IPO Lead Managers
- Axis Capital Limited
- Equirus Capital Private Limited
- JM Financial Consultants Pvt Ltd
Company Address
Harsha Engineers International Limited
NH-8A, Sarkhej-Bawla Highway,
Changodar, Ahmedabad 382213
Phone: +91 2717-618200
Email: [email protected]
Website: http://www.harshaengineers.com/
Harsha Engineers IPO FAQs
What is Harsha Engineers IPO?
Harsha Engineers IPO is a Main Board IPO. they are going Raise ₹755 Crore Issue through IPO at cost [.] from ₹[.] per equity share. to be ipo Listed on BSE and NSE,
When will Harsha Engineers IPO open?
IPO is about to open august, 2022, For QIBs, NIIs and Retail Investors.
What is the IPO Investor part of Harsha Engineers?
share of investors QIB-75%, NII-15%And retail 10%,
How to Apply Harsh Engineers IPO?
You can apply online for Harsh Engineers IPO through ASBA through your bank account. You can apply for ASBA online through UPI through your stockbrokers. You can also apply through your stockbrokers by filling the offline form.
How to Apply Harsh Engineers IPO through Zerodha?
Log in to the console in the Zerodha website or application. Go to Portfolio and click on IPO. You will see the IPO name “Harsh Engineers”. Click on the Bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app on net banking or BHIM app to approve the mandate. Open Demat Account with Zerodha.
How to Apply Harsh Engineers IPO through Upstox?
Log in to the Upstox application with your credentials. Select IPO. You will see the IPO name “Harsh Engineers”. Click on the Bid button. Confirm your application. Now go to your UPI app on net banking or BHIM app to approve the mandate. Open a Demat account with Upstox.
How to Apply Harsh Engineers IPO through Paytm Money?
Log in to Paytm Money Application with your credentials. Select IPO. You will see the IPO name “Harsh Engineers”. Click on the Bid button. Confirm your application. Now go to your UPI app on net banking or BHIM app to approve the mandate. Open Demat Account with Paytm Money.
What is the IPO size of Harsha Engineers?
The size of Harsha Engineers IPO is ₹755 crore,
What is Harsha Engineers IPO Price Band?
Harsha Engineers IPO price band is [.] from ₹[.],
What is the minimum and maximum lot size of Harsha Engineers IPO?
the lowest bid is [.] shares with [.] Amount while the maximum bid is [.] shares with [.],
What is Harsh Engineers IPO Allotment Date?
Harsha Engineers IPO allotment date is september, 2022,
What is Harsha Engineers IPO Listing Date?
Harsha Engineers IPO listing date is september, 2022, The IPO has to be listed on BSE and NSE.
Note: Harsha Engineers IPO price band and date have been officially announced. IPO Gray Market Premium (Harsha Engineers IPO Premium) will be added as soon as the IPO starts on the Gray Market page).
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