Harsha Engineers International Limited IPO
Harsha Engineers International Limited was a mainboard IPO in the Other Industrial Products sector, offered at ₹314–₹330 per share to raise ₹755 crore. The issue was subscribed 74.7× overall (QIBs 178.26×, NIIs 71.32×, retail 17.63×). It listed on 26 Sep 2022 at ₹450 and closed its first day at ₹486, a listing gain of +47.4% versus the ₹330 issue price. It now trades around ₹414 (+25.5% versus the issue price).
Frequently asked questions
- How many times was the Harsha Engineers International Limited IPO subscribed?
- The Harsha Engineers International Limited IPO was subscribed 74.7× overall — 178.26× in the QIB category, 71.32× among non-institutional investors, 17.63× in retail.
- What were the Harsha Engineers International Limited IPO listing gains?
- Harsha Engineers International Limited listed on 26 Sep 2022 at ₹450, closing its first day at ₹486 — a listing gain of +47.4% versus the ₹330 issue price.
- What were the retail allotment odds for the Harsha Engineers International Limited IPO?
- Retail was subscribed 17.63×, so a single-lot application had roughly a 5.7% chance of allotment (about 1 in 18), and allotment was finalised on 20 Sep 2022.
- What was the price band and lot size of the Harsha Engineers International Limited IPO?
- The price band was ₹314–₹330 per share, with a minimum lot of 45 shares (₹14,850 at the upper band).
- Who were the registrar and lead manager for the Harsha Engineers International Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.