Harsha Engineers operates in two business verticals:
- Engineering business, under which it manufactures bearing cages, complex and specialized precision stamped components, welded assemblies and brass castings, and cages & bronze bushings.
- Solar EPC (Engineering Procurement and Construction) business, under which the company provides turnkey solutions to all solar photovoltaic requirements.
Through the public offer Harsha Engineers aims to raise up to Rs. 755 crores, the issue comprises a fresh issue of equity shares aggregating up to Rs. 455 crores and an offer for sale of equity shares worth Rs. 300 crores from existing shareholders.
|Financial Year Ended||Revenue (₹ Crores)||PAT (₹ Crores)||EPS (₹)|
|Issue Period||14th September to 16th September 2022|
|Finalization of Allotment||21st September 2022|
|Initiation of Refunds||22nd September 2022|
|Credit of Shares||23rd September 2022|
|Date of Listing||26th September 2022|
|Mandate end date||2nd October 2022|
|Anchor Investors Lock-In End Date||16th October 2022|
How do I apply to the Harsha Engineers Limited IPO?You can apply for the Harsha Engineers Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
Where do I check the allotment status for Harsha Engineers Limited IPO?You can check the allotment status for the Harsha Engineers Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.