Harsha Engineers IPO GMP, Grey Market Premium & Kostak Rates Today

Harsha Engineers IPO
Harsha Engineers IPO

Harsha Engineers IPO: Harsha Group backing company Harsha Engineers International Limited is one of the largest manufacturers of precision bearing cages in the organized sector in India.

The Company is amongst the leading manufacturers of precision bearing cages in the world, with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, and polyamide bearing cages in terms of revenue. The product range includes Brass Cages, Steel Cages, Polyamide Cages, and Stamped Components. They supply their products in over 25 countries covering five continents.

Now Company aims to raise Rs7550cr through IPO. Let’s have a detailed overview of the Harsha Engineers IPO release date, IPO offer price, subscription, grey market price, and other details.

Harsha Engineers Ltd. IPO Details:

IPO DateSep 14, 2022 to Sep 16, 2022
Issue Size (Rs cr)755cr
Fresh Issue[.] shares of ₹10
(aggregating up to ₹455.00 Cr)
Offer for Sale[.] shares of ₹10
(aggregating up to ₹300.00 Cr)
Face ValueRs 10
Issue Price Band₹314 to ₹330 per share
Market Lot40 share
Min. Order QuantityMinimum 45 Shares for 1 lot
Listing onBSE, NSE

Harsha Engineers IPO Date:

The opening and the closing date of the IPO of Harsha Engineers is givan belowt.

Issue Open DateSep 14, 2022
Issue Close DateSep 16, 2022
Basis of Allotment DateSep 21, 2022
Initiation of RefundsSep 22, 2022
Credit of Shares to Demat AccountSep 23, 2022
IPO Listing DateSep 26, 2022

Harsha Engineers IPO Grey Market Premium ( GMP ):

The Aadhar Housing Finance Limited IPO Grey Market Premium price is Rs 214, the Kostak rate is Rs450, and the Subject to Sauda is ₹5000

DateGMPKostakSubject to
11 September₹214/220 450₹5000

Harsha Engineers IPO Related FAQs :

When Will The Harsha Engineers IPO Open?

Harsha Engineers IPO is to open on September 15, 2022

What Is The Price Band For The Harsha Engineers IPO?

Price Band for  Harsha Engineers IPO is ₹314 to ₹330 per share.

What Is The Lot Size For TheHarsha Engineers IPO?

Investors need to subscribe to at least one lot of 40 shares. A retail individual investor can bid for a maximum of 585 Shares for 13 lot

What is Harsha Engineers IPO GMP Today?

Harsha Engineers IPO GMP is ₹214 as of today.

On What Date Will Harsha Engineers Get Listed?

 Harsha Engineers  listing is likely by Sep 26, 2022