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Harsha Engineers International IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 755.00 Cr. The company is based in Ahmedabad and caters to Engineering sector. Axis Capital , Equirus Capital , Jm Financial are the merchant bankers of Harsha Engineers International IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd February 2022.
Harsha Engineers International IPO open date is 14th September 2022 and close date is 16th September 2022. IPO Allotment Date is 21st September 2022 and Listing date is 26th September 2022.
IPO
Size:
₹ 755.00 Cr.
Avg IPO Size (Sector Based)
: ₹
623.18 cr.
Sector: Engineering
IPO so far:
38
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹
1339.00
cr. 
PE
Ratio:
32.67x
Average Sector PE Ratio: 23.04x
Harsha Engineers International IPO size is ₹ 755.00 Cr. with IPO price of ₹ 330.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Harsha Engineers International IPO. Link Intime India Private Limited is the Registrar for Harsha Engineers International IPO.
Harsha Engineers International IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Harsha Engineers International IPO, based in Ahmedabad, operates in the Engineering sector with a focus on manufacturer of precision bearing cages. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Harsha Engineers International IPO size is ₹ 755.00 Cr. with fresh issue size of ₹ 455.00 Cr. and Offer for sale being ₹ 300.00Cr.
The IPO allotment date for Harsha Engineers International IPO is expected to be 21st September 2022, after the finalization of basis of allotment. Investors can check Harsha Engineers International IPO allotment status on the registrars website, Link Intime India Private Limited . Harsha Engineers International IPO refund dates are 22nd September 2022.
Harsha Engineers International IPO is expected to be listed on 26th September 2022.
The upper price band for the Harsha Engineers International IPO is set at ₹ 330.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Harsha Engineers International IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Harsha Engineers International IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th September 2022. After submission, funds are blocked until the basis of allotment of Harsha Engineers International IPO is finalised.
The merchant banker for Harsha Engineers International IPO is Axis Capital Limited , Equirus Capital Private Limited , Jm Financial Limited . Axis Capital Limited , Equirus Capital Private Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Harsha Engineers International IPO RHP for further details.
The registrar for Harsha Engineers International IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Harsha Engineers International IPO through their official website or helpline.
Harsha Engineers International IPO was subscribed 74.70 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 755.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 623.18 Cr.
Sector: Engineering
IPO so far:
38
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹ 1,321.48 cr.
PE
Ratio:
32.67x
Average Sector PE Ratio: 23.04x
Harsha Engineers International IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Harsha Engineers International Financial Review Page
Merchant Banker(s) of Harsha Engineers International IPO: Axis Capital Limited , Equirus Capital Private Limited , Jm Financial Limited
Harsha Engineers International IPO subscription was 74.70 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Harsha Engineers International IPO listed at a listing price of 485.90 against the offer price of 330.00.
The current market price of Harsha Engineers International is 390.25.
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