IPO

Harshdeep Hortico Limited IPO

BSE SME

Listed On: Feb 5, 2024 at ₹ 70.0

₹ 135000 /3000 Shares

Check Allotment

Harshdeep Hortico Limited IPO Details

29 Jan, 2024

Open Date

31 Jan, 2024

Close Date

01 Feb, 2024

Allotment Date

05 Feb, 2024

Listing Date

Issue Price

₹42-45 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

70.0

Listing Date

2024-02-05

Market Lot

3000 Shares (₹135,000/-)

Lead Manager

Hem Securities Limited

Issue Size

4,242,000 shares(aggregating up to ₹19.09 Cr)

Retail Portion

35%

Subscription

96.36 times

IPO Docs

DRHP

Harshdeep Hortico Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved804,000 / 822,000*1,410,0003,036,000
Day 1 - 29-01-24 06:00 PM8.72 / 1.44 x3.10 x3.16 x
Day 2 - 30-01-24 06:00 PM14.32 / 17.03 x21.46 x19.59 x
Day 3 - 31-01-24 06:00 PM54.18 / 134.40 x98.25 x96.36 x

Harshdeep Hortico Limited Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹3.3/-

P/E Pre IPO

P/E Post IPO

13.62

RoNW

%

Harshdeep Hortico Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21

About The Company

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.

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Harshdeep Hortico Limited - Promoter(s)

Pre Issue Share Holding: 97.38%

Post Issue Share Holding: 71.72%

Company Promoter(s)

  1. Mr. Hitesh Chunilal Shah

Harshdeep Hortico Limited IPO - Issue Objectives

  1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
  2. To meet Working Capital requirements
  3. General Corporate Purpose

Harshdeep Hortico Limited IPO - FAQs

Ans. Harshdeep Hortico Limited IPO is a SME IPO. The issue is priced at ₹42-45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jan 29, 2024, and closes on Jan 31, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Harshdeep Hortico Limited IPO opens on Jan 29, 2024 and closes on Jan 31, 2024.

Ans. The size of Harshdeep Hortico Limited IPO is 4,242,000 shares(aggregating up to ₹19.09 Cr).

Ans. The IPO price band is set between ₹42-45 per equity share.

Ans. To apply for Harshdeep Hortico Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Harshdeep Hortico Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Harshdeep Hortico Limited IPO is Feb 1, 2024.

Ans. The Harshdeep Hortico Limited IPO will be listed on Feb 5, 2024.

Ans. Follow the steps to check the allotment status for Harshdeep Hortico Limited IPO here.