Harshdeep Hortico Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,010,000 (47%) | — | ₹905 Cr |
| NII (HNI) | — | 606,000 (14%) | — | ₹273 Cr |
| Retail | — | 1,410,000 (33%) | — | ₹635 Cr |
| Market Maker | — | 216,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 4,242,000 (100%) | — | ₹19,089 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,045,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Jul 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 1,483 | — |
| Profit After Tax | 177 | 0 |
| Net Worth | 1,326 | 5 |
| Total Assets | 3,059 | 5 |
| Reserves & Surplus | 1,319 | 0 |
| Total Borrowing | 637 | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company –
- To meet Working Capital requirements –
- General Corporate Purpose –
Company Overview
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.