Harsha Engineers IPO Date, Review, Price, Form & Market Lot Details

Harsha Engineers is established in 1986.

Harsha Engineers is a largest manufacturer of precision bearing cages, in terms of revenue, in organsied sector in India, and amongst the leading manufacturers of precision bearing cages in the world. They offer diversified suite of precision engineering products across geographies and end-user industries.

The business comprises (i) engineering business, under which They manufacture bearing cages (in brass, steel and polyamide materials), complex and specialised precision stamped components, welded assemblies and brass castings and cages & bronze bushings; and (ii) solar EPC business, under which They provide complete comprehensive turnkey solutions to all solar photovoltaic requirements.

They have approximately 50% of the market share in the organised segment of the Indian bearing cages market and 5.2% of the market share in the global organised bearing cages market for brass, steel and polyamide cages in CY 2020.

They have five strategically located manufacturing facilities for our engineering business with two of our principal manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat in India, and one manufacturing unit each at Changshu, China and Ghimbav Brasov in Romania

Company Strengths

1) Comprehensive solution provider offering diversified suite of precision engineering products across geographies and enduser industries
2) Long standing relationships with leading clientele
3) Strategically located domestic and international production facilities and warehouses
4) Expertise in Tooling, design development and automation
5) Consistent track record of growth and financial performance
6) Strong, experienced and dedicated senior management team and qualified workforce

Industry Peers

1) Timken India Limited
2) Rolex Rings Limited
3) SKF India Limited
4) Sundaram Fasteners Limited

Harsha Engineers IPO Promotors

1) Rajendra Shah
2) Harish Rangwala
3) Pilak Shah
4) Charusheela Rangwala
5) Nirmala Shah

Harsha Engineers IPO Date, Details & Price Band

IPO Opening Dates 14-Sep-2022
IPO Closing Dates 16-Sep-2022
Price Band 314-330 Rs
Offer For Sale 300 Crore
Fresh issue 455 Crore
Total IPO size 755 Crore
Minimum bid (lot size) 45 Shares
Face Value 10 INR Per Share
Retail Allocation 10%
HNI Allocation 15%
QIB Allocation 75%
Employee Discount Update Soon
Listing On NSE, BSE

Harsha Engineers IPO Market Lot

The Harsha Engineers IPO minimum market lot is 45 shares With 14,850 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 45 14,850 Rs
Retail Maximum 13 585 1,93,050 Rs
S-HNI Minimum 14 630 2,07,900 Rs
S-HNI Maximum 67 3,015 9,94,950 Rs
B-HNI Manimum 68 3,060 1,009,800 Rs

Restated Financial Record of the three year (Amt. in Millions)

Total Assets Total Revenue Profit After Tax Earnings per equity share(Basic)
30-Sep-22 10,776.65 6,376.25 437.07 8.74
31-Mar-21 9,810.68 8,767.34 454.39 9.09
31-Mar-20 9,732.39 8,995.05 219.09 6.26

Harsha Engineers IPO Prospectus

Harsha Engineers IPO
RHP Download

Harsha Engineers IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

Harsha Engineers IPO Form Download

You can download Harsha Engineers International IPO application online.

Harsha Engineers IPO Allotment Date & Details

Allotment Date 21-Sep-2022
Initiation of refunds 22-Sep-2022
Transfer of shares to Demat accounts 23-Sep-2022
Listing Date 26-Sep-2022

Registrar of Harsha Engineers IPO

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: http://www.linkintime.co.in
Email: [email protected]
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060

Harsha Engineers Contact Details

Harsha Engineers Limited
NH-8A, Sarkhej-Bavla Highway,
Changodar, Ahmedabad
382213, Gujarat,
Tel: + 91 2717-618200
E-mail: [email protected];
Website: www.harshaengineers.com;
Corporate Identity Number: U29307GJ2010PLC063233

Harsha Engineers IPO Lead Managers

Axis Capital Limited
Equirus Capital Private Limited
JM Financial Limited

FAQ Question

  • When is Harsha Engineers IPO Listing Date?

Harsha Engineers IPO listing date is 26-Sep-2022.

  • When Harsha Engineers IPO allotment?

Harsha Engineers IPO Allotment date is 21-Sep-2022.

  • What is Harsha Engineers IPO GMP ( Grey market premium) ?

Check latest IPO GMP

  • What is the lot size of Harsha Engineers IPO?

45 Shares Minimum.

  • How to apply in Harsha Engineers IPO through Zerodha?

1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Harsha Engineers IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).

  • How to check Harsha Engineers IPO Allotment?

User can check Harsha Engineers IPO Allotment on linkintime.co.in website.

  • How to check Harsha Engineers IPO Subscription Status?

User can check Harsha Engineers IPO Subscription Status on our website.

  • What is the Price band of Harsha Engineers IPO?

314-330 Rs.

  • What is the Issue Size of Harsha Engineers IPO?

754 Crore

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