Harikanta Overseas
Symbol: HARIKANTA | Industry: Textiles - Non Apparel
Grey Market Premium (GMP)
GMP ACTIVE+₹0.00
Updated: Recent₹91.00
Based on Max Price: ₹91.00+0.00%
Projections onlyIPO Quick Highlights
IPO Timeline
- IPO Opens 20 May 2026
- IPO Closes 27 May 2026
- Allotment Date 28 May 2026
- Listing Date 02 Jun 2026
About the Company
Harikanta Overseas Limited is an India-based company. The Company is engaged in the manufacturing of synthetic textile fabrics. The Company's product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber. It primarily caters fabric to women's wear, producing fabrics for sarees, dress materials, and kurtas, while also offering fabrics for men's kurtas. It exports Ikat fabrics to Cambodia, Thailand, Singapore and Bahrain. It offers polyester garment fabrics. The Company produces a variety of sarees that combine traditional craftsmanship. It offers both synthetic and natural fiber options. The Company is engaged in a series of integrated processes to convert raw yarn into finished fabrics. Its wholly owned subsidiary is Harikanta Weaving Private Limited. Its manufacturing facility is at Plot No.-16, 23,24,25,26 and 27 of Sai Ram Industrial Estate-2, Bamroli Gam, Bamroli, Surat, Gujarat, 394107.
Promoters & Key Management
| Rank | Officer Name | Designation | Age | Since |
|---|---|---|---|---|
| #1 | Shafali Narendrakumar Jain | Chief Financial Officer | 29 | 2025 |
| #2 | Swati Omprakash Malu | Compliance Officer, Company Secretary | 33 | 2025 |
| #3 | Hardik Kamal Gotawala | Managing Director, Executive Director | 33 | 2025 |
| #4 | Abhishek Nileshkumar Gotawala | Whole Time Director | 30 | 2025 |
| #5 | Nilesh Harivadan Gotawala | Whole Time Director | 51 | 2025 |
Financial Performance
Values in ₹ Crores| Key Metric | FY 2025 | Trend |
|---|---|---|
| Total Revenue | 0.00 | - |
| Profit After Tax (PAT) | - | - |
| Operating Margin (%) | - | - |
| Total Assets | - | - |
| Net Worth | - | - |
| Borrowings (Debt) | 0.00 | - |
| Debt to Equity Ratio | - | - |
IPO Valuation
IPO Lot Size Details
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 Lot | 1 Shares | ₹91.00 |
| Retail (Maximum) | 2197 Lots | 2197 Shares | ₹199,927.00 |
| Small HNI (sNII - Min) | 2198 Lots | 2198 Shares | ₹200,018.00 |
| Small HNI (sNII - Max) | 10989 Lots | 10989 Shares | ₹999,999.00 |
| Big HNI (bNII - Min) | 10990 Lots | 10990 Shares | ₹1,000,090.00 |
Peer Companies Comparison
| Company | CMP (₹) | P/E Ratio | P/B Ratio | Market Cap |
|---|---|---|---|---|
| Harikanta Overseas (This IPO) | ₹91.00 | N/A | N/A | ₹76 Cr. |
| Arvind | ₹543.80 | 31.27 | 3.30 | ₹14,369 Cr. |
| Trident | ₹26.15 | 35.31 | 2.79 | ₹13,326 Cr. |
| Garware Technical Fibres | ₹728.75 | 36.29 | 5.69 | ₹7,097 Cr. |
| Nitin Spinners | ₹555.00 | 17.67 | 2.13 | ₹3,118 Cr. |
| NIBE Ltd | ₹1,605.00 | 538.21 | 7.87 | ₹2,391 Cr. |
