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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹70 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 140.06 | 102.57 | 98.11 | 87.41 |
| Total Income | 63.86 | 130.08 | 119.09 | 103.35 |
| Profit After Tax | 6.21 | 12.11 | 7.35 | 7.85 |
| EBITDA | 11.17 | 21.99 | 15.48 | 13.24 |
| NET Worth | -11.17 | -10.57 | -11.11 | -10.85 |
| Reserves and Surplus | 44.36 | 38.14 | 26.03 | 18.68 |
| Total Borrowing | 19.90 | 19.05 | 17.97 | 18.78 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or in part, of certain outstanding loans availed by the Company | 52.48 |
| 2 | General Corporate Purposes | |
| Total | 52.48 |
About Harit Industries IPO
Founded in 2019, Harit Industries Ltd. is a fully integrated textile manufacturer in the Home Textile Sector. The Company currently has in-house, ready-made curtain fabric for curtain and upholstery manufacturing, and fabric processing capabilities, positioning it to sell economy and premium range products under its own brands as well as on a private and white-label basis. The company operates in three business segments. Fabric for Curtains and Upholstery: Produce fabrics for curtains and upholstery through an integrated process of design, weaving, dyeing, stitching, and finishing at our facilities. Our fabrics are available in both economy and premium segments. Fabric Processing (Job Works): Offers fabric processing services on a job-work basis, catering mainly to the apparel segment and the curtain industry. Readymade Curtains: Engaged in producing readymade curtains with a fully integrated process including design, weaving, dyeing, stitching, and finishing. The company has a strong domestic footprint, with sales focused solely within India, spanning 16 states for broad market coverage. The company has four operational manufacturing facilities, one under approval, one finishing-c
Contact Details
Harit Industries Ltd. Address1109, Building E-4,Gala-1, 2nd Floor, Shri Arihant Complex,Kalher, Bhiwandi,Thane, Maharashtra, 421302+91 8411008593compliance.desk@haritindustries.comVisit Website