Harikanta Overseas Ltd., incorporated in 2018, is engaged in the manufacturing of synthetic textile fabrics, primarily catering to the women’s wear segment. Its product portfolio includes Ikat fabrics, saree fabrics, polyester garment fabrics, dhupion, poly linen, and select natural fiber fabrics, along with offerings for men’s kurtas.
The company operates a manufacturing facility in Surat, Gujarat (approx. 953 sq. meters), a key textile hub in India, enabling efficient production and access to raw materials. It serves a wie domestic market across multiple states while also exporting to countries like Bahrain, Singapore, and Thailand.
As of February 2026, the company had a workforce of 111 employees supporting its operations.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 2% | 53,400 crores |
| Non-Institutional Investors (NIIs) | 48% | 12,81,600 crores |
| Retail Individual Investors (RIIs) | 50% | 13,35,000 crores |
Diverse fabric portfolio catering to multiple apparel segments.
Strong presence in Surat with an efficient manufacturing setup.
Focus on product quality and customization capabilities.
Growing export footprint alongside domestic reach.
Streamlined production processes supporting timely delivery.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 25 May '26 | -- | 26 May '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 26,70,000 shares (aggregating up to ₹2,30,400 crores) |
| Fresh Issue | 2,53,560 shares (aggregating up to ₹25,35,600 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 96.87 shares |
| Post-Issue Shareholding | 70.66 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Harikanta Overseas ipo has been designed to ensure broad participation while maintaining optimal price discovery.
28 Sairam Ind Estate Bamroli Surat
Bigshare Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Interactive Financial Services Ltd |