247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Harshdeep Hortico Limited IPO (Harshdeep Hortico IPO) Details

Harshdeep Hortico Limited is an Engineering - EPC based company, located in Bhiwandi, Harshdeep Hortico Limited IPO size was 19.09 Cr. and was issued at 45.00 per share. The share of Harshdeep Hortico Limited were listed at 66.50 per share and are currently trading at 66.65 per share.

Type :
Sub Sector : EPC Contractor
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
44.49 Cr.

PAT :
5.31 Cr.

Pricing Report

Issue Price :
45.00

Listing Price :
66.50

Current Market Price :
66.65

Issue Price vs CMP :
21.65 (48.11%)

listing Price vs CMP :
0.15000000000001 (0.23%)

Performance Report (CAGR* wise)

CAGR : 50.45
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Harshdeep Hortico

Company Information
Harshdeep Hortico Limited is primarily engaged in designing, developing, manufacturing, and supplying a variety of pots and planters, including plastic indoor planters, outdoor planters, illuminated planters, decorative planters, roto-molded planters, fiber-reinforced plastic (FRP) planters, and eco-series planters, along with related accessories such as garden hose pipes and water cans. Recently, the company has also ventured into the production of roto-molded outdoor furniture. Incorporated in December 2022, the company originated from the proprietorship concern "M/s Harshdeep Agro Products," established by the promoter, Hitesh Chunilal Shah, who was involved in designing and manufacturing quality pots and planters. Subsequently, the business operations of the proprietorship were taken over by the company through a Business Purchase Agreement executed on April 3, 2023, which included the acquisition of all know-how,
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Object of Issue
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
  • To meet Working Capital requirements
  • General Corporate Purpose

Harshdeep Hortico SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
19.09 Cr.
Market Cap :
72.42 Cr.   
IPO Subscription :
131.69 X     
PE Multiple :
13.62
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Harshdeep Hortico operates in Engineering - EPC and EPC Contractor. The Issue is listed on BSE SME in Feb, 2024. Harshdeep Hortico IPO size was 19.09 Cr. with Issue price of 45.00 .

Harshdeep Hortico IPO subscription was 131.69 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.

Harshdeep Hortico IPO listed at a listing price of 66.50 against the offer price of 45.00.

The current market price of Harshdeep Hortico is 66.65.

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