IPO Synopsis

Harshdeep Hortico Ltd
Registered Office: Bldg # 1 S.S.Logistics Sy# 18/,2E 18/2P 17/2A 17/2B Elkunde,Thane-421302, Maharashtra
Tel. No: +91 94245 04224
Fax No:
Email: cs@harshdeepindia.com
Website: https://harshdeepindia.com/
Initial public offer of upto 42,42,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Harshdeep Hortico Limited ("The Company" or "The Issuer" or "HHL") at an issue price of Rs. 45/- per equity share (including a share premium of Rs. 35/- per equity share) for cash, aggregating up to Rs. 19.09 crores ("Public Issue") out of which 2,16,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating Rs. 0.97 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 40,26,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating up to Rs. 18.12 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.36% and 25.02% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Jan-2024 31-Jan-2024 ₹45.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 16.72 Hem Securities Ltd
Project Financed through Current Offer 19.09
Post Issue Equity Share Capital 16.09
Issue Price 45.00
Projects
Repayment and/or pre-payment in full or part of certain borrowings availed by the Company
To meet Working Capital Requirements
General Corporate Purposes
Promoted By
Hitesh Chunilal Shah
Listing At
BSE - SME
Registrar To The Issue