Harshdeep Hortico Limited
Book Built Issue IPO · BSE
- Price band
- ₹42 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹19.09 cr
- Total subscription
- 131.79×
- Opens
- 29 Jan 2024
- Closes
- 31 Jan 2024
- Allotment
- 1 Feb 2024
- Listing
- 5 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 42,42,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹19.09 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,35,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,18,52,060
- Shares after issue
- 1,60,94,060
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,35,000 |
| HNI | 2 | 6,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.92 | 196.02 |
| RETAIL | 6.34 | 623.38 |
| NIB | 2.73 | 497.14 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Harshdeep Hortico Limited designs, manufactures, and supplies a wide range of indoor and outdoor planters, including plastic, FRP, illuminated, and eco-series planters, along with garden accessories like hose pipes and water canisters. Recently, the company expanded into roto-molded outdoor furniture. With two manufacturing facilities in Bhiwandi and Pune, covering a total area of over 133,000 sq. ft., it operates three retail stores in Delhi, Pune, and Rajahmundry, and has four distributors in Hyderabad, Kolkata, Chandigarh, and Visakhapatnam. The company sells products across 27 Indian states and internationally in markets like Djibouti, East Africa, the UK, and Nepal, with a growing online presence on Amazon, Flipkart, and social media. As of September 30, 2023, Harshdeep Hortico had over 125 employees.
Promoters
Mr. Hitesh Chunilal Shah
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane - 421302
+91-94245-04224
[email protected]Company website ↗Understanding HARSHDEEP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.