Categories: IPO Listing Upadate

Harsha Engineers Listing Update: IPO Listed on NSE BSE

Harsha Engineers Listing Update

Harsha Engineers Listing Update: IPO Listed on NSE BSE 26 September 2022.

Listing update

The Harsha Engineers International Limited is listed on National Stock Exchange NSE and Bombay Stock Exchange BSE on 26 September 2022. Harsha Engineers International Limited is one of the largest manufacturer of precision bearing cages, in revenue generation.

Listing Date: 26 September 2022.
Issue Price: Rs 330.00 INR
Listing Price: Rs 450.00 INR
Listing Day P&L: +120.00 INR
Listing Day Gains: +36.36%
Closing: Rs 486.50 INR
Day Low: Rs 330.00 INR
Day High: Rs 527.65 INR

Subscription Rate

As of 16 September 2022, Friday 5:00 PM IST.

Category	Status
Retail Individual Investor	178.26 Times
Non-Institutional Investor	71.31 Times
Qualified Institutional Buyers	17.53 Times
Employees	11.97 Times
Total	74.65 times

Subscription Status

Harsha Engineers IPO Subscription

Harsha Engineers International IPO Details

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Harsha Engineers International Limited IPO Details

Issue Amount	Upto Rs 755 Crores
Details Of offer To The Public	Fresh Issue Size 300 Cr. Offer for Sale Size 455 Cr.
Offer Type	Book Built Offer
Face Value	Rs 10 Per Share
Price Band	Rs 314 to 330
Lot Size	45 Shares
IPO Registrar	Link Intime India Pvt. Ltd.

IPO Details

Harsha Engineers IPO Timeline, IPO Open Date, Listing Date, Refund Date

IPO Open Date	14 September 2022
IPO Close Date	16 September 2022
Time	10 AM to 5 PM
Basis of Allotment Date	21 September 2022
Initiation of Refunds	22 September 2022
Credit of Shares to Demat Account	23 September 2022
IPO Listing Date (Trading Commence) NSE & BSE	26 September 2022

IPO Timeline

About the company:
Harsha Engineers International Limited is the largest manufacturer of precision bearing cages in organized sector in India in terms of capacity and operations and amongst the leading manufacturers of precision bearing cages in the world with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, polyamide bearing cages in terms of revenue.