![]() ![]() ![]() Harsha Engineers IPO’s price band was fixed at Rs 314-330 per share band.Īxis Capital Limited, Equirus Capital Private Limited and JM Financial Consultants were the lead managers of the IPO.Īccording to market observers, Harsha Engineers IPO GMP today is Rs 150, which means grey market is expecting that the public issue may list around Rs 480 ( Rs 330 + Rs 150), which is around 45 per cent higher from its upper price band of Rs 330 per equity share. A retail individual investor could submit bids for up to 13 lots or 585 shares by spending Rs 1,93,050. It means an investor needed to spend a minimum of Rs 14,850. The lot size of Harsha Engineers IPO was 45 shares. The retail investors’ portion was subscribed 17.63 times. Its qualified institutional buyer portion was subscribed 178.26 times, while the portion reserved for non-institutional investors saw a subscription of 71.32 times. Hence, Harsha Engineers shares will be a part of the Special Pre-open Session (SPOS) on Monday, September 26, 2022. As per the information available on BSE website, effective from Monday, September 26, 2022, the equity shares of Harsha Engineers International Limited shall be listed and admitted to dealings on the exchange in the list of ‘B’ group of securities. The Rs 755-crore public issue was bought 74.7 times by participants, and despite uncertainty in the equity markets, analysts expect Harsha Engineers stocks to make a strong debut with a significant premium over its issue price of Rs 330 per share. ![]() Harsha Engineers IPO Listing Today: Harsha Engineers International will make its debut on the bourses today, September 30. ![]()
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