Home
Charts
Search
Watchlist
Products
All IPOs
₹91 - 91
Harikanta Overseas Ltd
TextilesIPOSME
₹91 - 91
Our Company is engaged in the manufacturing of Synthetic textile fabrics. Our product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber. We primarily cater fabric to women's wear, producing fabrics for sarees, dress materials, and kurtas, while also offering fabrics for men's kurtas. Although our fabrics have multiple end uses, the majority of them are utilized in the manufacturing of different types of sarees.
Lot1,200Min Invest₹2,18,400Face Value₹10Issue Size₹24 CrFresh Issue₹24 CrListing Price₹80CMP₹60
Timeline
20 May
Bidding opens
27 May
Bidding closes
29 May
Allotment
1 Jun
Refund & demat credit
2 Jun
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹24 Cr0.27 Cr shares
Fresh Issue₹24 Cr
Face Value₹10
Lot Size1,200 shares
ReservationQIB 2.13% · NII 48.94% · RETAIL 48.93%
Application Sizes
Retail₹2,18,4001-1 lots
sNII₹2,18,400from 2 lots
bNII₹10,92,000from 10 lots
Managers & Registrar
Lead ManagerInteractive Financial Services Limited
RegistrarBigshare Services Pvt Ltd
Ownership & Proceeds
Shareholding
CategoryPre IPOPost IPOPromoter Group96.87%70.65%Public3.13%29.35%
Objects of the Issue
- Capital Expenditure for Factory Premises
- Capital Expenditure for Plant and Machineries
- Working Capital
- General corporate purposes
Anchor Book
30-day lock-in27-Jun-202690-day lock-in26-Aug-2026
Financials
Profit & Loss
| Financial Year | FY25 | FY26 |
|---|---|---|
| RevenueCr | 35 | 46 |
| Operating ProfitCr | 7 | 10 |
| OPM% | 19.1 | 22.7 |
| PBTCr | 6 | 9 |
| PATCr | 4 | 7 |
| EPS | 10 | 10 |
Balance Sheet
| Financial Year | FY25 | FY26 |
|---|---|---|
| Equity CapitalCr | 7 | 7 |
| ReservesCr | 7 | 14 |
| BorrowingsCr | 3 | 4 |
| Total AssetsCr | 24 | 35 |
Cash Flow
| Financial Year | FY25 | FY26 |
|---|---|---|
| Operating Cash FlowCr | 0 | 3 |
| Investing Cash FlowCr | -7 | -3 |
| Financing Cash FlowCr | 9 | 0 |
| Net Cash FlowCr | 1 | 0 |
Strengths & Risks
Strengths · as stated in the DRHP
- Quality Products.
- Efficient Production Process.
- Customization and Flexibility.
- Global Reach and Export Capability.
- Range of Products.
- Location of Facility.
Strategies · as stated in the DRHP
- Expansion of production capacity and Product range.
- Increase in geographical presence.
- New Product Development and Innovation.
- Efficient Supply Chain Management.
Risks · as stated in the DRHP
- The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed, purchase of equipment / machineries. In the event of any delay in placing the orders for Machineries or in the event the vendors is not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.
- The company business is significantly dependent on yarn and other related raw materials, and fluctuations in their prices or availability, as well as concentration of its supplier base, may adversely affect the company operations, margins, and profitability.
- The company operations is energy-intensive and any disruption in power supply or increase in energy costs may adversely affect its business and financial performance.
- Potential Exposure to Competition Despite Non-Compete Agreements with Promoter Group Entities
- Potential Conflicts of Interest Arising from Promoters' Proprietary Businesses and Their Operational Overlap with the Company.
- The company business is working capital intensive and any inability to secure adequate financing may adversely impact operations.