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Open
29 Jan 2024
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Close
31 Jan 2024
3
Allotment
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Listing
Mon, Feb 5, 2024
Price Band
₹42 to ₹45
Issue Size
42,42,000 shares (agg. up to ₹19 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Feb 5, 2024
Latest GMP
₹32
Est. Gain
71.11%
✦ AI Insight
GMP Trend
05-02-2024₹32Est. ₹77+71.11%
04-02-2024₹32Est. ₹77+71.11%
03-02-2024₹32Est. ₹77+71.11%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 73.66x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 30.59 | 0.05 |
| Total Income | 14.83 | |
| Profit After Tax | 1.77 | -0.00 |
| NET Worth | 13.26 | 0.05 |
| Reserves and Surplus | 13.19 | -0.00 |
| Total Borrowing | 6.37 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sameera Agro & Infra Ltd. | SME | ₹62.64 Cr | ₹180 | 15.11 | ₹171.00 | -5.00% | ₹5.05 (-1.94%) |
| Sheetal Universal Ltd. | SME | ₹23.80 Cr | ₹70 | 27.34 | ₹75.40 | +7.71% | ₹293.75 (-0.76%) |
| City Crops Agro Ltd. | SME | ₹15.00 Cr | ₹25 | 22.03 | ₹25.42 | +1.68% | ₹26.73 (+4.99%) |
| Nirman Agri Genetics Ltd. | SME | ₹20.30 Cr | ₹99 | 14.93 | ₹101.30 | +2.32% | ₹40.50 (-0.12%) |
| Prospect Commodities Ltd. | SME | ₹7.48 Cr | ₹61 | 31.44 | ₹61.45 | +0.74% | ₹48.00 (-4.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 4.08 |
| 2 | To meet Working Capital requirements | 9.00 |
| 3 | General Corporate Purpose | 3.64 |
About Harshdeep Hortico IPO
Harshdeep Hortico Limited designs, manufactures, and supplies pots and planters for indoor and outdoor use. The company's product portfolio includes indoor plastic planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, eco-series planters, etc. and related accessories such as garden hose pipes and water canisters. Recently, the company also entered the field of Roto Moulded Outdoor Furniture. Harshdeep Hortico has two manufacturing facilities in Bhiwandi and Pune with an area of approximately 93769 sq. ft. and 40000 sq. ft. respectively. The company has three stores in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh) and four distributors in Hyderabad, Kolkata, Chandigarh and Visakhapatnam. The company also has an online presence via Amazon and Flipkart as well as social media platforms such as Facebook and Instagram. The company's customers come from 27 states and union territories in India as well as overseas countries such as Djibouti, East Africa, the United Kingdom, Nepal, etc. As on September 30, 2023, the company had over 125 employees.+ Read More
Contact Details
Harshdeep Hortico Ltd. AddressBuilding No.1 Shree Sai LogisticsSurvey No.18/2E 18/2P 17/2A, 17/2B PartElkunde, BhiwandiThane, Maharashtra, 421302+91-94245-04224cs@harshdeepindia.comVisit Website