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Harikanta Overseas
Price Band
₹86.0–91.0
Issue Size
₹24.3 Cr
Lot Size
1,200 shares
Min Investment
₹218,400
GMP
+₹0.0 (0.0%)
Issue Price
₹91.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹91.0
schedule Updated: 14 Jul 2026 15:51
Share GMP:
business About the Company
Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product range includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supply fabrics for women’s wear such as sarees, dress materials, and kurtas, while also offering fabrics for men’s kurtas. The company has set up a manufacturing unit in Surat, Gujarat, spread across 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli. The company also export products to Bahrain, Singapore, and Thailand, while serving key domestic markets such as Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan. As on August 31, 2025, the company has 42 permanent employees. Competitive Strengths Quality Products Efficient production process Customization and flexibility Global Reach and Export Capability Range of Products
payments Company Financials (₹ Cr)
As of 2025-11-30
| Period Ended | 30 Nov 2025 | 31 Mar 2025 |
|---|---|---|
| Assets | 32.51 | 23.12 |
| Total Income | 26.28 | 35.50 |
| Profit After Tax | 5.09 | 4.47 |
| EBITDA | 7.35 | 6.72 |
| NET Worth | 18.77 | 13.79 |
| Reserves and Surplus | 11.68 | 6.59 |
| Total Borrowing | 2.87 | 3.26 |
Key Ratios
EPS
₹6.21
NAV
₹19.16
ROE
56.72%
ROCE
37.56%
RoNW
32.41%
P/B Value
4.75
P/E Ratio
14.66
Market Cap
₹89.78 Cr
PAT Margin
12.70%
Debt/Equity
0.24
Promoters
Hardik Gotawala, Abhishek Gotawala and Nilesh Gotawala
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for Factory Premises 5.40 2 Capital Expenditure for purchase of machineries 9.33 3 Working Capital Requirement 4.75 4 General Corporate Purposes 1.31 5 Issue expenses 3.51 Total 24.30
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
20 May 2026
Close
27 May 2026
Allotment
29 May 2026
Listing
02 Jun 2026