Harikanta Overseas IPO Day 2 Subscription Status: Subscribed 0.06x Overall So Far
By HDFC SKY | Updated at: May 21, 2026 01:15 PM IST
Harikanta Overseas IPO Day 2 subscribed 0.06 times overall, with Retail at 0.07x, QIB at 1.00x and NII at 0.00x as of May 21, 2026 10:42:35 AM.
Mumbai, May 21: Harikanta Overseas IPO, a book built issue of ₹25.63 crore, opened for subscription on May 20, 2026, and will close on May 22, 2026. The IPO is entirely a fresh issue of 0.27 crore shares.
The price band has been fixed at ₹91 to ₹96 per share. The lot size for an application is 1,200 shares, while retail investors need to apply for a minimum of 2,400 shares, requiring ₹2,30,400 at the upper price band.
Harikanta Overseas IPO Day 2 Subscription Status
Harikanta Overseas IPO was subscribed 0.06 times overall as of May 21, 2026, 10:42:35 AM, on Day 2 of bidding.
Category-wise Harikanta Overseas IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amount (₹ Cr.) | Total Applications |
| QIB (Ex Anchor) | 1.00 | 54,000 | 54,000 | 0.518 | 0 |
| NII/HNI | 0.00 | 12,40,800 | 4,800 | 0.046 | 0 |
| Retail Individual Investors | 0.07 | 12,40,800 | 86,400 | 0.829 | 0 |
| Market Maker | 1.00 | 1,34,400 | 1,34,400 | 1.290 | – |
| Total | 0.06 | 25,35,600 | 1,45,200 | 1.394 | 42 |
Harikanta Overseas Day’s Wise Subscription Summary
| Date | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
| May 20 2026 (Day 1) | 1.00 | 0.11 | 0.16 | 0.00 | 0.05 | 0.10 |
| May 21 2026 (Day 2) | 1.00 | 0.00 | 0.16 | 0.01 | 0.07 | 0.06 |
Harikanta Overseas IPO Timeline
| Event | Date |
| Issue Open Date | May 20 2026 |
| Issue Close Date | May 22 2026 |
| Basis of Allotment Date | May 25 2026 |
| Initiation of Refunds | May 26 2026 |
| Credit of Shares | May 26 2026 |
| Listing Date | May 27 2026 |
Brief Overview Of The IPO
Harikanta Overseas IPO is a ₹25.63 crore book built issue. The issue consists entirely of a fresh issue of 26,70,000 shares, of which 25,35,600 shares are net offered to the public after excluding the market maker portion.
The IPO price band is ₹91 to ₹96 per share. The minimum retail application is 2,400 shares, amounting to ₹2,30,400 at the upper price band. For HNI investors, the minimum application is 3 lots, or 3,600 shares, amounting to ₹3,45,600.
Harikanta Overseas Ltd., incorporated in 2018, is engaged in manufacturing synthetic textile fabrics. Its product range includes ikat fabrics, polyester garment fabrics, saree fabrics, dupion fabrics, poly linen and natural fibre fabrics. The company operates a manufacturing unit in Surat, Gujarat.
Bigshare Services Pvt. Ltd. is the registrar of the issue. Aftertrade Broking Pvt. Ltd. is the market maker. The shares are proposed to list on BSE SME, with a tentative listing date of May 27, 2026.
Source:
- https://www.bseindia.com/markets/publicissues/displayipo?id=4580&type=IPO&idtype=1&status=L&IPONo=7722&startdt=20%2F05%2F2026
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