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Open
14 Sep 2022
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Close
16 Sep 2022
3
Allotment
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Listing
Mon, Sep 26, 2022
Price Band
₹314 to ₹330
Issue Size
2,28,86,595 shares (agg. up to ₹755 Cr)
Lot Size
45 Shares
Listing Date
Mon, Sep 26, 2022
Latest GMP
₹125
Est. Gain
37.88%
✦ AI Insight
GMP Trend
26-09-2022₹125Est. ₹455+37.88%
24-09-2022₹162Est. ₹492+49.09%
23-09-2022₹150Est. ₹480+45.45%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 54.91x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,158.25 | 981.07 | 973.24 | 195.00 |
| Total Income | 1,339.00 | 876.73 | 899.51 | 117.91 |
| Profit After Tax | 91.94 | 45.44 | 21.91 | -27.41 |
| NET Worth | 527.90 | 433.22 | 378.02 | 1.41 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ameya Precision Engineers Ltd. | SME | ₹7.14 Cr | ₹34 | 16.75 | ₹65.40 | +92.35% | ₹112.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Pre-payment or scheduled repaymentof a portion of the existing borrowing availed by our Company | 270.00 |
| 2 | Funding capital expenditure requirements towards purchase of machinery | 77.95 |
| 3 | Infrastructure repairs and renovation of our existing production facilities including office premises in India | 7.12 |
| 4 | General corporate purposes | 74.33 |
About Harsha Engineers IPO
Updated on Aug 5, 2026
Contact Details
Harsha Engineers International Ltd. AddressNH-8A, Sarkhej-Bavla HighwayChangodarAhmedabad, Gujarat, 382213+91 2717-618200sec@harshaengineers.comVisit Website