Issue Open Date
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14-Sep-22
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Issue Closing Date
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16-Sep-22
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Application Money
|
100
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Allotment Money
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Price Band (Rs.)
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314-330
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Minimum Bid Quantity.
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45
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Issue Size (Shares)
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22886595
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Market Lot
|
1
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Objective :
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(a) Pre-payment or scheduled repayment of a portion of the existing borrowing availed by our Company.(b) Funding capital expenditure requirements towards purchase of machinery.(c) Infrastructure repairs and renovation of our existing production facilities including office premises in India(d) General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved
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Bid For
|
|
Non-Institutional Investors
|
3594780
|
256387230
|
71.32
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Qualified Institutional Buyers
|
4792950
|
854374410
|
178.26
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Retail Individual Investors
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4792950
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854374410
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178.26
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|
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Business Description
We are the largest manufacturer of precision bearing cages, in terms of revenue, in organsied sector in India, and amongst the leading manufacturers of precision bearing cages in the world. (Source: CARE Advisory Report). We offer diversified suite of precisio
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Promoter's Holding
|
Total Share Capital
|
77017433
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Offered to Public
|
22886595
|
Promoter's Holding (Pre-Issue)
|
99.7
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Promoter's Holding (Post-Issue)
|
74.61
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More..
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Address
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Sarkhej Bavla Road Changodar
Ahmedabad
,
Gujarat
,
382213
Phone :
02717-618200
Email :
sec@harshaengineers.com
Website :
www.harshaengineers.com
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Registrar
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Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at
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BSE, NSE
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Lead Manager
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Axis Capital Ltd. Equirus Capital Pvt Ltd JM Financial Ltd.
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Promoters
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Harish Rangwala Pilak Shah Rajendra Shah Vishal Rangwala
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