Harsha ipo allotment date

Harsha Engineers IPO date is fixed, the IPO is to open on September 14, 2022 and will close on September 16, 2022. Harsha Engineers IPO to raise around ₹755 crores via IPO that comprises fresh issue of ₹455 crores and offer for sale up to ₹300 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of the Harsha Group. 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. They have their manufacturing facilities at Changodar and Moraiya, near Ahmedabad in Gujarat in India. They also have a production facility through a subsidiary in Changshu, China, and a step-down subsidiary in Ghimbav Brasov in Romania. They have two segments of businesses – The engineering business and the Solar EPC business. They supply their products in the industries such as automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics, and renewables sectors. The company has good relationship...

To check the Harsha Engineers IPO Allotment Status, we have thoroughly portrayed the necessary aspects to help you get an insight regarding the allotment. This article can be best put to use, to check the number of shares you have been allotted. There are multiple fine ways to check the status, and this article briefs the same. Check Harsha Engineer IPO Allotment Status These are the following ways to check the allotment status of IPO: • You can check your Demat account or ask your stockbroker. If the equity shares are credited into your Demat account then you have got the allotment. • You can Login to your Bank Account to check if the amount is Debited or not. • OR visit this Link- • You can Click on Registrar Link – Check out Related IPO Links: Harsha Engineers IPO Listing & Performance Check Harsha Engineers IPO Live Performance – Harsha Engineers Share Price Harsha Engineers IPO Subscription / Bid Details The table put forth is the summarized analysis of the per-day stats. It mentions each of the days for which the IPO was open and features the subscriptions received on that particular day, for each and every category of investors. Following the per-category Bid details of Harsha Engineers IPO, you can also find the total number of subscriptions received. Day / Date QIB NII RII Emp Total Subscription 1st Day – 14th Sept 0.06x 5.83x 3.22x 2.33x 2.87x 2nd Day – 15th Sept 1.63x 24.91x 9.14x 6.34x 10.35x 3rd Day – 16th Sept 178.26x 71.32x 17.63x 12.07x 74.70x Shares Offere...

September 14, 2022 and will close on September 16, 2022. The brokerage firm recommended to Apply the IPO. Harsha Engineers IPO to raise around ₹755 crores via IPO that comprises fresh issue of ₹455 crores and offer for sale up to ₹300 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. The price band is fixed at ₹314 to ₹330 per equity share. The IPO to list on BSE & NSE. Please check the Harsha Engineers IPO subscription status details over here. Harsha Engineers IPO Subscription Status (Live Update – Day 3) Last Updated – 5:00 Category Day 1 Day 2 Day 3 QIB 0.06 1.63 178.26 NII 5.83 24.91 66.14 bNII 7.64 22.38 74.78 sNII 11.68 29.96 64.41 RII 3.22 9.14 17.63 EMP 2.33 6.34 12.07 Total 2.87 10.35 74.70 IPO Subscription Update: • Day 1: Harsha Engineers IPO subscribed 2.87 times overall in that QIB 0.06 times, NII 5.83 times, and Retail 3.22 times on Day 1. • Day 2: Harsha Engineers IPO subscribed 10.35 times overall in that QIB 1.63 times, NII 24.91 times, and Retail 9.14 times on Day 2. • Day 3: Harsha Engineers IPO subscribed 74.70 times overall in that QIB 178.26 times, NII 74.78 times, and Retail 17.63 times on Day 3. • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc • Retail Individual Investors (RII): Retail Individual Investors or NRIs • Employee (EMP): Eligible Employees • Others: Eligible Shareholders Harsha Engine...

About Harsha Engineers IPO Incorporated in 2010, Harsha Engineers International Limited is the largest manufacturer of precision bearing cages, in terms of revenue in organised 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. The business comprises of two segments: 1. Engineering business, under which the company manufactures bearing cages (in brass, steel and polyamide materials), complex and specialised precision stamped components, welded assemblies and brass castings and cages & bronze bushings. 2. Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector. As of September 30, 2021, Harsha Engineers International have been able to manufacture more than 7,205 bearing cages and more than 295 other products for customers in the automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics and renewables sectors. In addition, over the past three years company's product development and innovation centre has developed more than 1,200 products in different bearing types. The company has five manufacturing facilities for engineering business with two manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat...

NEW DELHI: The Initial Public Offer (IPO) of Harsha Engineers International got subscribed 74.70 times, helped by heavy demand from institutional buyers, on the last day of subscription on Friday. The public offer received bids for 125.96 crore shares against 1.68 crore shares on offer, according to a data with the NSE. The quota for Qualified Institutional Buyers (QIBs) got subscribed 178.26 times, while the portion for non-institutional investors received 71.32 times subscription. The category for Retail Individual Investors (RIIs) got subscribed 17.63 times. On Wednesday, the IPO of Harsha Engineers had got fully subscribed on the first day of subscription. The IPO of up to Rs 755 crore had a fresh issue of up to Rs 455 crore and an offer for sale of up to Rs 300 crore. The price range for the offer was at Rs 314-330 a share. Proceeds from the fresh issue to the tune of up to Rs 270 crore will be utilised for debt payment, up to Rs 76 crore for funding working capital requirements towards purchase of machinery, up to Rs 7.12 crore for infrastructure repairs and renovation of the existing production facilities and for general corporate proposes. The company has five manufacturing facilities, with two of its principal manufacturing facilities at Changodar and at Moraiya, near Ahmedabad in Gujarat, and one manufacturing unit each at Changshu, China and Ghimbav Brasov in Romania, which allow access to its customers in over 25 countries. Axis Capital, Equirus Capital and JM ...

Harsha Engineers The IPO was a mix of a fresh issue of shares aggregating to Rs 455 crore and an offer for sale of up to Rs 300 crore. On Tuesday, the company raised Rs 226 crore from anchor investors ahead of its public issue by allotting 68.41 lakhs shares to institutions. Harsha Engineers IPO: Subscription Status The qualified institutional buyer portion was subscribed 178.26 times, while the portion reserved for non-institutional investors witnessed a subscription of 71.32 times. The retail investors’ portion was subscribed 17.63 times. Harsha Engineers IPO Share Allotment Date, Listing Date The basis of allotment for Harsha Engineers IPO will begin on September 21, Friday. On the other hand, investors who will not win the bid are likely to get their refunds on September 22, Thursday. Investors who win the bid will receive credit to their demat accounts on September 23, Friday. Harsha Engineers IPO: How to check allotment status Those who have applied for the public issue are advised to check their application status online after the announcement of share allotment. They can check Harsha Engineers IPO allotment status online by logging in at the BSE website — bseindia.com or at the website of official registrar of the IPO — Link Intime Harsha Engineers IPO Issue: Objectives Proceeds from the fresh issue to the tune of up to Rs 270 crore will be utilised for debt payment, up to Rs 76 crore for funding working capital requirements towards purchase of machinery, up to Rs ...

On Friday, September 16, Harsha Engineers Limited’s initial public offering closed with a subscription rate of 74.7 times. In contrast to the 1.69 crore shares available for purchase, the issue got bids for 125.97 crore shares, according to statistics posted on the Bombay Stock Exchange (BSE) on Friday at the close. One of the best investor reactions this year has been to the Harsha Engineers IPO. After three days of bidding, the offer, which went up for a subscription on Wednesday, September 14, concluded on Friday, September 16. We will go over all the details of Harsha Engineers IPO in this article. Read this article to get complete information. Harsha Engineers IPO Allotment Status On Wednesday, September 22, the basis of allotment for Harsha Engineers International’s Rs 755-crore IPO, which received 71.32 times as many subscriptions on the final day of bidding, is set to be decided. Both the part set aside for qualified institutional buyers and the share for non-institutional investors received 178.26 and 71.32 subscriptions, respectively. The component for regular investors received a 17.63 times subscription. The pricing range for the IPO shares was Rs 314–330 per share. On September 26, 2023, the equity shares are anticipated to list on the BSE and NSE. Equity shares will be credited to allottees’ Demat accounts on September 23, 2023, while refunds or unblocking of monies from ASBA accounts will begin on September 22. Harsha Engineers International operates on the ...

Harsha Engineers IPO date is fixed, the IPO is to open on September 14, 2022 and will close on September 16, 2022. Harsha Engineers IPO to raise around ₹755 crores via IPO that comprises fresh issue of ₹455 crores and offer for sale up to ₹300 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of the Harsha Group. 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. They have their manufacturing facilities at Changodar and Moraiya, near Ahmedabad in Gujarat in India. They also have a production facility through a subsidiary in Changshu, China, and a step-down subsidiary in Ghimbav Brasov in Romania. They have two segments of businesses – The engineering business and the Solar EPC business. They supply their products in the industries such as automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics, and renewables sectors. The company has good relationship...

September 14, 2022 and will close on September 16, 2022. The brokerage firm recommended to Apply the IPO. Harsha Engineers IPO to raise around ₹755 crores via IPO that comprises fresh issue of ₹455 crores and offer for sale up to ₹300 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. The price band is fixed at ₹314 to ₹330 per equity share. The IPO to list on BSE & NSE. Please check the Harsha Engineers IPO subscription status details over here. Harsha Engineers IPO Subscription Status (Live Update – Day 3) Last Updated – 5:00 Category Day 1 Day 2 Day 3 QIB 0.06 1.63 178.26 NII 5.83 24.91 66.14 bNII 7.64 22.38 74.78 sNII 11.68 29.96 64.41 RII 3.22 9.14 17.63 EMP 2.33 6.34 12.07 Total 2.87 10.35 74.70 IPO Subscription Update: • Day 1: Harsha Engineers IPO subscribed 2.87 times overall in that QIB 0.06 times, NII 5.83 times, and Retail 3.22 times on Day 1. • Day 2: Harsha Engineers IPO subscribed 10.35 times overall in that QIB 1.63 times, NII 24.91 times, and Retail 9.14 times on Day 2. • Day 3: Harsha Engineers IPO subscribed 74.70 times overall in that QIB 178.26 times, NII 74.78 times, and Retail 17.63 times on Day 3. • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc • Retail Individual Investors (RII): Retail Individual Investors or NRIs • Employee (EMP): Eligible Employees • Others: Eligible Shareholders Harsha Engine...

NEW DELHI: The Initial Public Offer (IPO) of Harsha Engineers International got subscribed 74.70 times, helped by heavy demand from institutional buyers, on the last day of subscription on Friday. The public offer received bids for 125.96 crore shares against 1.68 crore shares on offer, according to a data with the NSE. The quota for Qualified Institutional Buyers (QIBs) got subscribed 178.26 times, while the portion for non-institutional investors received 71.32 times subscription. The category for Retail Individual Investors (RIIs) got subscribed 17.63 times. On Wednesday, the IPO of Harsha Engineers had got fully subscribed on the first day of subscription. The IPO of up to Rs 755 crore had a fresh issue of up to Rs 455 crore and an offer for sale of up to Rs 300 crore. The price range for the offer was at Rs 314-330 a share. Proceeds from the fresh issue to the tune of up to Rs 270 crore will be utilised for debt payment, up to Rs 76 crore for funding working capital requirements towards purchase of machinery, up to Rs 7.12 crore for infrastructure repairs and renovation of the existing production facilities and for general corporate proposes. The company has five manufacturing facilities, with two of its principal manufacturing facilities at Changodar and at Moraiya, near Ahmedabad in Gujarat, and one manufacturing unit each at Changshu, China and Ghimbav Brasov in Romania, which allow access to its customers in over 25 countries. Axis Capital, Equirus Capital and JM ...