Exchanges
BSE, NSE
Industry
Other Industrial Products
Issue
Book building

Harsha Engineers International IPO

₹486.50

+47.42% on listing

Listing-day close · NSE · 26 Sep 2022 · issue price ₹330

Harsha Engineers International’s ₹755 crore IPO was priced at ₹330 a share. It listed on the NSE on 26 Sep 2022 and closed its first day at ₹486.50, up 47.42% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹755 Cr
Fresh issue
₹455 Cr
Offer for sale
₹300 Cr
Lot size
45 shares
Minimum investment
₹14,850
Face value
₹10
Registrar
MUFG Intime India

Subscription

Harsha Engineers International IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—54.91×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,004 Cr
ROE
17.00%
ROCE
23.00%
Debt to equity
0.74
EBITDA margin
14.12%
PAT margin
6.87%
Promoter holding
99.70% → 84.59%

From the offer documents.

Listing

Listing date
26 Sep 2022
Issue price
₹330
Open
₹450.00
High
₹527.65
Low
₹430.00
Close
₹486.50

Listing day on the NSE. The close was +47.42% on the issue price.

HARSHA share price today

FAQs

When did the Harsha Engineers International IPO open and close?

It opened on 14 Sep 2022 and closed on 16 Sep 2022.

What was the Harsha Engineers International IPO price?

The price band was ₹314–330 a share. The final issue price was ₹330.

What is the lot size and minimum investment?

One lot is 45 shares, ₹14,850 at ₹330 a share. Retail investors apply in whole lots.

How much did Harsha Engineers International raise?

₹755 crore: ₹455 crore of new shares and ₹300 crore offered by existing shareholders.

How many times was the Harsha Engineers International IPO subscribed?

54.91 times overall.

How did Harsha Engineers International list?

It listed on the NSE on 26 Sep 2022 at ₹450.00 and closed the day at ₹486.50, up 47.42% on the ₹330 issue price.

Who is the registrar of the Harsha Engineers International IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app