Harshdeep Hortico Limited IPO Closed

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IPO date 29 Jan 2024 – 31 Jan 2024
Listing date 05 Feb 2024
Price range 42 – 45
Minimum order quantity 3000
(D)RHP View

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Harshdeep Hortico Limited is launching its IPO. The IPO opens for subscription on 29th January 2024 and will close on 31st January 2024.

Disclaimer: This stock will trade with a lot size of 3000 shares in the SME segment on listing.

What does Harshdeep Hortico Limited do?

Previously a sole proprietor concern and Incorporated as a company in 2022, Harshdeep Hortico Limited is primarily engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters like plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. along with related accessories like Garden Hose Pipe & Water Can. recently they have also entered into the field of Roto Moulded Outdoor Furniture.

The company has three stores in Delhi, Pune, and Rajahmundry and has four distributors in Hyderabad, Kolkata, Chandigarh, and Visakhapatnam. The company also has an online presence via Amazon, Flipkart, and social media platforms like Facebook and Instagram.

Schedule of Harshdeep Hortico Limited IPO

Issue Period 29th January to 31st January 2024
Deadline for accepting UPI mandate  Until 5 PM on the issue closing day
Finalization of Allotment February 01, 2024
Initiation of Refunds February 02, 2024
Credit of Shares February 02, 2024
Date of Listing February 05, 2024
Mandate end date February 15, 2024
Anchor Investors Lock-In End Date (50% of the investment) March 02, 2024
Anchor Investors Lock-In End Date (Remaining investment) May 02, 2024

Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.

How to apply to the Harshdeep Hortico Limited IPO?

You can apply for the Harshdeep Hortico Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for the Harshdeep Hortico Limited IPO?

You can check the allotment status for the Harshdeep Hortico Limited IPO on the website of the Registrar and Transfer agent.