Since its inception in 1986, Harsha Engineers International Limited* (Harsha) is the largest manufacturer of precision bearing cages in organized sector in India in terms of capacity and operations and amongst the leading manufacturers of precision bearing cages in the world with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, polyamide bearing cages in terms of revenue.
We are a technology driven company with a strong focus on research and development, which has allowed us to develop products suited to our customers’ requirements. We have the expertise to design and develop advance tooling in-house which enables us to manufacture complex products.
Our principal production facilities are at Changodar and Moraiya, near Ahmedabad in Gujarat in India. We also have production facility through subsidiary in Changshu, China and step down subsidiary in Ghimbav Brasov in Romania.
Harsha Engineers International Ltd IPO Timetable
| Particular | Date |
| IPO Open Date | 14 Sep 2022 |
| IPO Close Date | 16 Sep 2022 |
| Allotment Date | 22 Sep 2022 |
| IPO Listing Date | 26 Sep 2022 |
Harsha Engineers International Ltd IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 314 to Rs. 330 Per Equity Share |
| Market Lot | 45 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 755 Crore. |
Harsha Engineers International Ltd IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 45 | Rs. 14850 |
| Maximum | 13 | 585 | Rs. 193050 |
Harsha Engineers International Ltd IPO Allotment Status
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Company Financials:
| Particular | 31 March 2022 | 31 March 2021 | 31 March 2020 |
| Total Assets | 1158.25 | 981.07 | 973.24 |
| Total Revenue | 1339 | 876.73 | 899.50 |
| Profit After Tax | 91.94 | 45.44 | 21.91 |
Company Promoters:
Rajendra Shah, Harish Rangwala, Vishal Rangwala, and Pilak Shah are the company promoters.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Harsha Engineers International Ltd NH-8A, Sarkhej – Bavla Highway, Changodar, Ahmedabad 382213 Phone: +91 2717-618200 Email: sec@harshaengineers.com Website: http://www.harshaengineers.com | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: harshaengineers.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
