Harshdeep Hortico IPO GMP, Review, Price, Allotment

Harshdeep Hortico IPO GMP

Harshdeep Hortico IPO description – Harshdeep Hortico specializes in designing, manufacturing, and supplying various pots and planters, including plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters.

The company also offers related accessories like Garden Hose Pipes and Water Can and has recently entered the field of Roto Moulded Outdoor Furniture. As of 30 September 2023, the company employs around 125 individuals, including semi-skilled staff, across different organizational levels.

Harshdeep Hortico operates manufacturing units in Bhiwandi and Pune, covering approximately 93,769 sq. ft. and 40,000 sq. ft. respectively. The company has stores in Delhi, Pune (Maharashtra), and Rajahmundry (Andhra Pradesh), along with distributors in Hyderabad, Kolkata, Chandigarh, and Visakhapatnam. Providing an Omni-channel experience, customers can access their products through the website, online marketplaces like Amazon and Flipkart, and social media platforms like Facebook and Instagram.

The company’s customer base extends across 27 states and union territories in India and also includes international patrons from countries like Djibouti, East Africa, the United Kingdom, Nepal, and more. In fiscal years 2022 and 2023, export revenue amounted to INR 70.25 lakhs and INR 75.58 lakhs, constituting 2.02% and 1.85% of its overall revenue for the respective fiscal periods.

Harshdeep Hortico IPO

Promoters of Harshdeep Hortico – Hitesh Chunilal Shah

Harshdeep Hortico IPO Details

Harshdeep Hortico IPO Dates29 – 31 January 2024
Harshdeep Hortico Issue PriceINR 42 – 45 per share
Fresh issue4,242,000 shares (INR 17.82 – 19.09 crore)
Offer For SaleNIL
Total IPO size4,242,000 shares (INR 17.82 – 19.09 crore)
Minimum bid (lot size)3,000 shares (INR 135,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE SME

Harshdeep Hortico Financial Performance

 FY 20234M FY 2024
Net income(0.27)177.24
Figures in INR Lakhs unless specified otherwise

Harshdeep Hortico Offer News

Harshdeep Hortico Valuations & Margins

FY 20234M FY 2024
PE ratio28 – 30
RONW (%)13.37
ROCE (%)0.0012.28
EBITDA (%)19.27
Debt/Equity 0.48
*Compiled by IPO Central from Prospectus

Harshdeep Hortico IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
3 February 20243057,000
2 February 20242747,000
1 February 20242035,800
31 January 20241527,000
30 January 20241018,500

Harshdeep Hortico IPO Subscription – Live Updates

Shares Offered804,000606,0001,410,0002,820,000
31 Jan 202454.18182.3098.25103.75
30 Jan 20243.6317.4021.5015.52
29 Jan 20242.211.443.102.49

The market maker reservation portion of 216,000 shares and anchor investor portion of 1,206,000 shares are not included in the above calculations.

Harshdeep Hortico IPO Allotment Status

Harshdeep Hortico IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.

Harshdeep Hortico IPO Dates & Listing Performance

IPO Opening Date29 January 2024
IPO Closing Date31 January 2024
Finalization of Basis of Allotment1 February 2024
Initiation of refunds2 February 2024
Transfer of shares to demat accounts2 February 2024
IPO Listing Date5 February 2024
Opening Price on BSE SMEINR 70 per share (up 55.56%)
Closing Price on BSE SMEINR 66.50 per share (up 47.78%)

Harshdeep Hortico Offer Lead Manager

904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email[email protected]
Website: www.hemsecurities.com

Harshdeep Hortico Offer Registrar

C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

Harshdeep Hortico Offer Contact Details

Building No.1 Shree Sai Logistics,
Survey No.18/2E 18/2P 17/2A, 17/2B Part,
Elkunde, Bhiwandi, Thane- 421302, Maharashtra
Phone: +91-94245-0422
E-mail: [email protected]
Website: www.harshdeepindia.com


What is the Harshdeep Hortico offer size?

Harshdeep Hortico offer size is INR 17.82 – 19.09 crores.

What is the Harshdeep Hortico offer price band?

Harshdeep Hortico public offer price is INR 42 – 45 per share.

What is the lot size of the Harshdeep Hortico IPO?

Harshdeep Hortico offer lot size is 3,000 shares.

What is Harshdeep Hortico IPO GMP today?

Harshdeep Hortico IPO GMP today is INR 30 per share.

What is the Harshdeep Hortico kostak rate today?

Harshdeep Hortico kostak rate today is NA per application.

What is Harshdeep Hortico Subject to Sauda rate today?

Harshdeep Hortico is Subject to the Sauda rate today is INR 57,000 per application.


Please enter your comment!
Please enter your name here