Incorporated in 2010, Harsha Engineers International Limited is the largest manufacturer of precision bearing cages, in terms of revenue in the organized sector in India. The company is a part of the Harsha Group. The company supplies its products to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America, and Africa. Harsha Engineer’s IPO Date are as follows, the IPO will open on 14th Sept and will close on 16th Sept 2022.
The business of Harsha Engineering comprises two segments, which are Engineering Business and Solar EPF Business. Harsha Engineers International Limited has been able to manufacture more than 7,205 bearing cages and more than 295 other products
The company has five manufacturing facilities for the engineering business with two manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat, India, and one manufacturing unit each in Changshu, China, and Ghimbav Brasov in Romania.
Harsha Engineers IPO Review :
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Harsha Engineers International IPO Review
Harsha Engineers IPO Date & Price Band :
| IPO Open: | Sep 14, 2022 |
| IPO Close: | Sep 16, 2022 |
| IPO Size: | ₹755 Crores |
| Price Band: | ₹314 to ₹330 per share |
| Listing on: | BSE & NSE |
| Retail Portion: | Not less than 35% of the Net Offer |
| Equity: | – shares |
| Face Value: | ₹10 per share |
Harsha Engineers IPO Market Lot:
- Shares: Minimum 45 shares
- Minimum Amount: ₹14,850
- Maximum Amount: ₹193,050
Harsha Engineers IPO Allotment & Listing:
- Basis of Allotment: Sep 21, 2022
- Refunds: Sep 22, 2022
- Credit to Demat accounts: Sep 23, 2022
- Listing: Sep 26, 2022