Sun. Sep 25th, 2022


Harsha Engineers IPO Date Sure, IPO Open on September 14, 2022 and will close on September 16, 2022. Harsh Engineers IPO To raise around ₹755 crore through IPO Which includes fresh issue of ₹455 crore and offer for sale of ₹10 to ₹300 crore. Retail quota is 35%QIB is 50%, 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 in Gujarat, near Ahmedabad 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 renewables 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.

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.
Harsh Engineers

Harsha Engineers IPO Review (Apply or Not)

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Harsha Engineers IPO Date & Price Band

Harsha Engineers IPO Open: September 14, 2022
Harsha Engineers IPO Closed: September 16, 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: ₹314 to ₹330 per share
On Harsha Engineers IPO Listing: BSE and NSE
Retail Quota: 35%
QIB Quota: 50%
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

Harsh Engineers IPO minimum market lot is 45 shares with ₹14,850 application amount. Retail investors can apply for 585 shares or up to 13 lots with an amount of ₹193,050.

Minimum lot size: the minimum 45 shares for 1 lot
minimum amount: ₹14,850 for 1 lot
Max Lot Size: maximum 585 shares for 13 lots
maximum amount: ₹193,050 for 13 lots

Harsha Engineers IPO Allotment & Listing Dates

The date for the IPO of Harsha Engineers is September 14 and the last date is September 16. The IPO allotment of Harsh Engineers will be decided on September 21 and the list of IPO on September 26.

Price Band Declaration: September 9, 2022
Anchor Investor Allocation: 13 September 2022
Harsha Engineers IPO Open Date: September 14, 2022
Harsha Engineers IPO Closing Date: September 16, 2022
Allocation Basis: September 21, 2022
Refunds: 22 September 2022
Credit to Demat Account: 23 September2022
Harsha Engineers IPO Listing Date: September 26, 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: Harshaengineers.ipo@linkintime.co.in
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: sec@harshaengineers.com
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 314 to ₹330 per equity share. to be ipo Listed on BSE and NSE,

When will Harsha Engineers IPO open?

IPO is about to open September 14, 2022, For QIBs, NIIs and Retail Investors.

What is the IPO Investor part of Harsha Engineers?

share of investors QIB-50%, NII-15%And Retail – 35%,

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 ₹314 to ₹330,

What is the minimum and maximum lot size of Harsha Engineers IPO?

the lowest bid is 45 shares with ₹14,850 Amount while the maximum bid is 585 shares with ₹193,050,

What is Harsh Engineers IPO Allotment Date?

Harsha Engineers IPO allotment date is September 21, 2022,

What is Harsha Engineers IPO Listing Date?

Harsha Engineers IPO listing date is 26 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 to the IPO Gray Market page as it starts).



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