OUR BUSINESS
Our Company was originally incorporated as a Limited Company under the name “Harshdeep Hortico Limited” on December 30, 2022, under the provisions of the Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra bearing CIN U26994MH2022PLC396421.
Later, on April 03, 2023, our Company took over the business of proprietorship concern of the promoter Hitesh Chunilal Shah, namely M/s Harshdeep Agro Products as per the business purchase agreement dated April 03, 2023, along with the assets and liabilities of the proprietorship concern as ongoing concern.
Currently, we have two manufacturing units, one is situated at Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane – 421302, Maharashtra – India, spreading in an area of 93769 sq. ft. and the other one is situated at Gat No. 589, Darekarwadi Road, Boriaind, Daund, Pune -412202, Maharashtra, India, spreading in an area of 40000 sq.ft., along with three stores located in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh).
HARSHDEEP HORTICO LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date Jan 29, 2024 IPO Close Date Jan 31, 2024 IPO Size ₹19.09 Cr. IPO Fresh Issue ₹- Offer For Sale Approx 4,242,000 Equity Share IPO Face Value ₹10 Per Equity Share IPO Price Band [42] to ₹[45]. Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 3.08% IPO QIB Quota 2.21% IPO NII Quota 1.06% IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click Here
HARSHDEEP HORTICO LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum - - ₹- Retail Maximum - - ₹- S-HNI Minimum - - ₹- B-HNI Minimum - - ₹-
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
- To meet Working Capital requirements
- General Corporate Purpose
HARSHDEEP HORTICO LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Price Band Announcement 42-45 Anchor Investor Allotment [.] IPO Open Date Jan 29, 2024 IPO Close Date Jan 31, 2024 Basis of Allotment Feb 01, 2024 Refunds [.] Credit to Demat Account [.] IPO Listing Date Feb 05, 2024
HARSHDEEP HORTICO LIMITED FINANCIAL REPORT
₹ in Lakhs Year Revnue Expense PAT Jun 2024 ₹ ₹ ₹ 2023 ₹ ₹ ₹ 2022 ₹ ₹ ₹ 2021 ₹ ₹ ₹
OUR PROMOTERS
Mr. Hitesh Chunilal Shah
QUALITATIVE FACTOR
We believe the following business strengths allow us to successfully compete in the industry:
- A diverse range of products across consumer preferences.
- Consistent focus on Quality
- Revenue from multiple geographies
- In-house Manufacturing capabilities
- Experienced and Qualified Management
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 Weighted Average Period ending July 31, 2023 1.50
HARSHDEEP HORTICO LIMITED COMPANY CONTACT DETAILS
Building No.1 Shree Sai Logistics,
Survey No.18/2E 18/2P 17/2A, 17/2B Part,
Elkunde, Bhiwandi, Thane,
Thane-421302, Maharashtra India
Tel. No.: +91-9090900508
Email: info@harshdeepindia.com
Website: https://harshdeepindia.com/
HARSHDEEP HORTICO LIMITED IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
