Atharva Polyplast GMP ₹7 ▲ 12.73%CSM Technologies GMP ₹4 ▲ 3.74%Turtlemint Fintech Solutions GMP ₹3 ▲ 2.08%Knack Packaging GMP ₹11.5 ▲ 7.14%Aastha Spintex GMP ₹5 ▲ 4.00%Twinkle Papers GMP ₹7 ▲ 10.94%Kratikal Tech GMP ₹17 ▲ 13.28%
SME | Book Build
Listed

Harikanta Overseas SME IPO Live Subscription Status

₹91 - ₹96Price Band
₹25.63 Cr.Issue Size
1200 sharesLot Size
Textiles - FabricsSector
Issue Open
May 20, 2026
Fresh Issue Only
Issue Close
May 26, 2026
Min 2 lots (retail)
Allotment Date
May 29, 2026
Lot size: 1200 shares
Listing Date
Jun 2, 2026
BSE SME
QIB
21.33x
Qualified Institutional
NII
0.70x
Non-Institutional
Retail (RII)
0.66x
Individual Investors
Overall
1.12x
Final Subscription

Subscription Progress (Day 6)

QIB Subscription21.33x
NII Subscription0.70x
Retail Subscription0.66x
Overall Subscription1.12x

Day-wise Subscription Details

DayQIBNIISmall NIIBig NIIRetailTotal
Day 11.00x0.11x0.00x0.16x0.05x0.10x
Day 21.00x0.01x0.02x0.00x0.09x0.07x
Day 31.00x0.19x0.16x0.20x0.32x0.27x
Day 411.18x0.26x0.16x0.32x0.34x0.54x
Day 511.18x0.43x0.18x0.56x0.40x0.65x
Day 621.33x0.70x0.28x0.90x0.66x1.12x

IPO Shares Offered & Bidding Summary

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB54,00011,52,00011.06
NII (Total)12,40,8008,62,8008.28
Small NII (≤₹10L)4,14,0001,16,4001.12
Big NII (>₹10L)8,26,8007,46,400 7.17
Retail (RII)12,40,8008,16,0007.83
Shareholder0
Employee0
Total2,535,6002,830,80027.18

 How to Apply for this IPO? Read here.

Harikanta Overseas Limited provides synthetic textile fabric manufacturing to various clients across the domestic and international markets. The company started its operations in 2018 and is based in Surat, Gujarat. This IPO helps the company raise funds for capital expenditure and working capital (object of issues). The company will use the fresh issue money for capital expenditure on factory premises and purchasing machinery. It also wants to meet its working capital requirements. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.

Anchor Investor Allocation

Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of Equity Shares to Anchor Investors at Rs. per share.

Anchor Investor Details
Bid Date
Shares Offered
Anchor Portion (₹ Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)
Sr.AnchorGroup EntityShares AllottedAmt (₹ cr.)% Allocated% Allotment of Issue

Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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