31 Mar 2023
Assets0.05
Profit After Tax0.00
NET Worth0.05
Reserves and Surplus0.00
At a glance
Updated 2026-08-24The shares listed at ₹70.00, a 55.56% move from the issue price. Harshdeep Hortico is a SME IPO with an issue size of ₹19.09 crore, proposed for listing on BSE SME. The offer opens on 29th Jan 2024 and closes on 31st Jan 2024. The issue structure includes a fresh issue of ₹18.12 crore. The current listing schedule points to 5th Feb 2024.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹19.09 Cr
Fresh issue₹18.12 Cr
Face value₹10
Price band₹42.00–₹45.00
Allotment1st Feb 2024
Listing5th Feb 2024
Listing performance
Full performance ↗Issue price₹45.00
Listing price₹70.00
Current price—
Listing gain55.56%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹32.00
GMP / upper price71.11%
Est. listing₹77.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Jan 2024
Closes31st Jan 2024
Allotment1st Feb 2024
Refund2nd Feb 2024
Demat2nd Feb 2024
Listing5th Feb 2024
Subscription demand
Full bidding ↗Total131.69×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | ₹135,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | ₹4.08 Cr |
| To meet Working Capital requirements | ₹9.00 Cr |
| General Corporate Purpose | ₹3.64 Cr |
Financials
Full financials ↗31 Jul 2023
Assets30.59
Total Income14.83
Profit After Tax1.77
NET Worth13.26
Reserves and Surplus13.19
Total Borrowing6.37
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees | 0.3 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.06 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.14 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.03 |
| 6 | Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | 0.06 |
| 7 | Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | 1.77 |
Valuation & shareholding
Pre-IPO EPS0.00
Post-IPO EPS3.30
Pre-IPO P/E0
Post-IPO P/E13.62
Promoter holding pre97.38%
Promoter holding post71.72%
Market cap₹72.42 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees | ₹0.30 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.06 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.14 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.03 Cr |
| Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | ₹0.06 Cr |
| Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | ₹1.77 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.