The Harsha Engineers IPO Subscription Status has started 14 September 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Harsha Engineers IPO has opened on 14 September 2022 and closes on 16 September 2022. Which will be subscribed by 16 September 2022. Harsha Engineers IPO is preparing to raise ₹755.00 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹455.00 Crores and Offer Sale of ₹300.00 Crores. and Harsha Engineers IPO Price Band is Fixed ₹314 to ₹330 per share. Check Harsha Engineers IPO GMP Here.
Harsha Engineers International Limited is the e largest manufacturer of precision bearing cages, in terms of revenue, in organsied sector in India, and amongst the leading manufacturers of precision bearing cages in the world. The company approximately 50% of the market share in the organised segment of the Indian bearing cages market and 5.2% of the market share in the global organised bearing cages market for brass, steel and polyamide cages in FY 2020.
The company manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat in India, and one manufacturing unit each at Changshu, China and Ghimbav Brasov in Romania. and the company supply products to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America and Africa.
Harsha Engineers IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Harsha Engineers IPO Subscription Status, you can see the below-day Subscription. Check Harsha IPO Allotment Status here.
Harsha Engineers IPO Review :
■ Apply For Listing Gain And Long Term
Harsha Engineers IPO Subscription Status {Live Update} :
The total Harsha Engineers IPO Subscription Status subscribed 74.70x times so far, with QIB subscribed 178.26x and NII subscribed 71.32x times & RII 17.63x times and EMP 12.07x times on Day 3. {Update time : 16 Sep 2022 05:00 Pm} (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.06x | 1.63x | 178.26x |
| NII : | 5.83x | 24.91x | 71.32x |
| RII : | 3.22x | 9.14x | 17.63x |
| EMP : | 2.33x | 6.34x | 12.07x |
| Total : | 2.87x | 10.35x | 74.70x |
Harsha Engineers IPO Date & Price Band & Details :
| IPO Open : | 14 September 2022 |
| IPO Close : | 16 September 2022 |
| IPO Size : | ₹755.00 Cr Approx |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹314–₹330 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹755.00 Cr {up to 22,886,642 Shares} |
| Fresh Issue : | ₹455.00 Cr |
| Offer For Sale : | ₹300.00 Cr |
| EMP Size : | ₹2.50 Cr {83612 Shares} |
| EMP Discount: | ₹31 Per Shares |
Harsha Engineers IPO Market Lot :
Harsha Engineers IPO Minimum Market lot is 1 Lot with 45 shares with ₹14,850 Application amount. The retail investors can apply up to 13 lots with 585 Shares or ₹193,050 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 45 Shares |
| Minimum Amount : | ₹14,850 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 585 Shares |
| Maximum Amount : | ₹193,050 |
Harsha Engineers IPO Dates :
Harsha Engineers IPO Date is 14 September 2022 and closes on 16 September 2022. The allotment will be finalized on 21 September 2022 and the IPO may list on 26 September 2022.
| Open Date : | 14 September 2022 |
| Close Date : | 16 September 2022 |
| Allotment Date : | 21 September 2022 |
| Refund Date : | 22 September 2022 |
| Share Credit Date : | 23 September 2022 |
| Listing Date : | 26 September 2022 |
Harsha Engineers IPO Subscription Status FAQs :
How much was the total Harsha Engineers IPO Subscription Status?
The total Harsha Engineers IPO Subscription Status 74.70x times Day 3.
What is the Harsha Engineers IPO retail subscription Status?
Harsha Engineers IPO Retail Subscription 17.63x times Day 3.
How much is the Harsha Engineers IPO QIB subscription Status?
The Harsha Engineers IPO QIB subscription 178.26x times Day 3.
How much did Harsha Engineers IPO NII subscribe?
Harsha Engineers IPO NII Subscription 71.32x times Day 3.
What is Harsha Engineers IPO Allotment Date?
Harsha Engineers IPO allotment date is 21 September 2022.
What is Harsha Engineers IPO Listing Date?
Harsha Engineers IPO listing date is 26 September 2022. The IPO to list on BSE and NSE.
How to Apply the Harsha Engineers IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Harsha Engineers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Harsha Engineers IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Harsha Engineers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Harsha Engineers IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Harsha Engineers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Harsha Engineers IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Harsha Engineers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Harsha Engineers IPO GMP: Click Here Harsha Engineers IPO Details: Click Here Harsha Engineers IPO Allotment: Click Here Harsha Engineers IPO Listing: Click Here |
All Harsha Engineers IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.