The details about the Harsha Engineers International IPO are as:
- The issue size of the IPO is 755 Cr.
- The price band for Harsha Engineers International IPO is Rs 314 to Rs 330.
- The shares of Harsha Engineers International IPO will list on 26th September 2022.
- The latest tentative GMP of Harsha Engineers International IPO is Rs 240.
- The shares of Harsha Engineers International IPO is subscribed 74.70 Times.
Harsha Engineers International IPO Valuation
The approx valuation of Harsha Engineers International IPO company based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 330 |
| Existing Shares (Qty) |
7.72 Cr |
| Fresh Issue |
455 Cr |
| Market Cap |
3002.6 Cr |
| EPS (FY22) |
Rs 16.06 |
| PE Ratio |
20.54x |
| Industry PE |
50.98x |
Harsha Engineers International IPO Issue Size
Harsha Engineers International IPO issue size is 755 Cr.
| Issue |
Amount |
| Fresh Issue |
455 Cr |
| Offer For Sale |
300 Cr |
Harsha Engineers International IPO Market Lot
An Individual can apply for a minimum 1 lot of 45 shares and a maximum of 13 lots of 585 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
45 |
Rs 14,850 |
| Maximum |
13 |
585 |
Rs 1,93,050 |
Harsha Engineers International IPO share offer
The shares of Harsha Engineers International IPO is subscribed 74.70 Times. The category-wise shares subscribed are as follows:
| Category |
% Offered |
% Subscribed |
| Qualified Institutional |
Minimum 75% |
178.26 Times |
| Non-Institutional |
Maximum 15% |
71.32 Times |
| Retail Individual |
Maximum 10% |
17.63 Times |
| Employees |
Maximum 5% |
12.07 Times |
| Total |
|
74.70 Times |
Harsha Engineers International IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 16 Sept 2022 |
Rs 235 |
| 17 Sept 2022 |
Rs 240 |
| 19 Sept 2022 |
Rs 240 |
| 20 Sept 2022 |
Rs 240 |
| 21 Sept 2022 |
Rs 240 |
| 22 Sept 2022 |
Rs 240 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Harsha Engineers International IPO:
| Schedule |
Date |
| Basis of Allotment |
21 September 2022 |
| Refunds |
22 September 2022 |
| Credit to Demat Account |
23 September 2022 |
| IPO Listing Date |
26 September 2022 |
Check allotment status