GMP IPO Watch
Harikanta Overseas IPO 2026: Export-Oriented Textile Manufacturer Targets Expansion Through SME Public Issue
Harikanta Overseas IPO has entered the SME market as the textile exporter aims to raise fu...
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H
SME IPO
LISTED
NSE, BSE
HARIKANTAOVERSEAS
Harikanta Overseas IPO
Harikanta Overseas IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-11.25
-12.4%
Est. Listing: ₹79.75
Price Band
₹86 - ₹91
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,18,400
Issue Size
₹91 Cr
Total Public Offering
Issue Dates
19 May 2026 – 26 May 2026
Bidding period
Subscription
0.49x
Total overall demand
Harikanta Overseas IPO Details
Key facts at a glance| IPO Open Date | 19 May 2026 | IPO Close Date | 26 May 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 1 June 2026 |
| Price Band | ₹86 - ₹91 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,18,400 |
| Total Issue Size | ₹91 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Harikanta Overseas IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 19 May 2026 | Confirmed |
| IPO Close Date | 26 May 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 1 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Harikanta Overseas IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,18,400 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,18,400 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,27,600 |
| S-HNI (Max) | 9 Lots | 10,800 Shares | ₹9,82,800 |
| B-HNI (Min) | 10 Lots | 12,000 Shares | ₹10,92,000 |
Harikanta Overseas IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-11.25 -12.4%
Estimated Listing Price
₹79.75
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 25 May 2026 | ₹0 | ₹91.00 | +0.00% |
| 20 May 2026 | ₹0 | ₹91.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Harikanta Overseas IPO Subscription Status
Demand breakdown by investor category
Retail
0.34x
QIB
11.18x
NII / HNI
—
Total
0.49x
About Harikanta Overseas
Harikanta Overseas IPO Reservation & Share Quotas
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Harikanta Overseas IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Harikanta Overseas IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 20 May 2026 |
| IPO Close Date | 27 May 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Jun 2026 |
Note: The timeline for ಹರಿಕಾಂತ ಸಾಗರೋತ್ತರ IPO is tentative and subject to change.
Harikanta Overseas Promoters and Shareholding Pattern
The promoters of the company are Hardik Gotawala, Abhishek Gotawala, and Nilesh Gotawala.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 71,95,740 | 96.87% |
| Promoter Holding Post Issue | 98,70,740 | -% |
Harikanta Overseas Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Harikanta Overseas IPO
Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic textile fabrics. Its product portfolio comprises Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. The company mainly supplies fabrics used in women’s wear, such as sarees, dress materials, and kurtas, and also provides fabric for men’s kurtas.
The company has a mission to deliver high-quality fabric solutions for both domestic and international markets by using advanced technology and sustainable manufacturing practices. In 2024, the company expanded by adding new factory premises and starting in-house yarn processing initiatives.
The company has established a manufacturing facility in Surat, Gujarat, covering 953.93 sq. meters at Sai Ram Industrial Estate-2, Bamroli.
It also exports its products to Bahrain, Singapore, and Thailand, while catering to major domestic markets including Delhi, Bangalore, Karnataka, Maharashtra, Uttar Pradesh, Punjab, and Rajasthan.
Harikanta Overseas Company Financial Report
To Be Updated Soon
Harikanta Overseas Company Valuation & Key Performance Indicators
To Be Updated Soon
Harikanta Overseas Peer Group Comparison
To Be Updated Soon
Harikanta Overseas Lead Managers & Merchant Bankers
- Interactive Financial Services Ltd.
Harikanta Overseas IPO FAQs
Harikanta Overseas IPO opens for subscription on 19 May 2026 and closes on 26 May 2026.
The price band for Harikanta Overseas IPO is set at ₹86.00 to ₹91.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,18,400).
The latest Grey Market Premium (GMP) for Harikanta Overseas IPO is ₹-11.25. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Harikanta Overseas IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 1 June 2026.
The registrar details will be confirmed in the official prospectus.
Harikanta Overseas IPO Analysis & Articles
