Harikanta Overseas SME IPO Subscription Status
Harikanta Overseas SME IPO closed on 27 May 2026 with an overall subscription of 1.17x based on shares applied. QIB demand came in at 21.33x, NII at 0.80x, and retail at 0.66x.
Allotment will be finalised on 29 May 2026. The stock is scheduled to list on NSE and BSE on 2 June 2026.
Issue Price
Rs 96.00
GMP Today
-
Overall Subscription
1.17x
Issue Size
₹25.63 Cr
Allotment Date
29 May 2026
Listing Date
2 Jun 2026
Harikanta Overseas SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 96.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 51.84 L | Rs 11.06 Cr | 21.33x |
| FII | - | Rs 10.54 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 51.84 L | - |
| NII | Rs 11.91 Cr | Rs 9.57 Cr | 0.80x |
| bNII (above Rs 10L) | Rs 7.94 Cr | Rs 8.46 Cr | 1.06x |
| Corporate | - | Rs 3.39 Cr | - |
| Individual | - | Rs 5.07 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.97 Cr | Rs 1.12 Cr | 0.28x |
| Corporate | - | - | - |
| Individual | - | Rs 1.12 Cr | - |
| Other | - | - | - |
| IND | Rs 11.91 Cr | Rs 7.83 Cr | 0.66x |
| Fixed price | - | Rs 7.83 Cr | - |
| Total | Rs 24.34 Cr | Rs 28.47 Cr | 1.17x |
Harikanta Overseas SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 45 | 4 | 0.09x |
| FII | - | 3 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 345 | 45 | 0.13x |
| bNII (above Rs 10L) | 230 | 16 | 0.07x |
| Corporate | - | 3 | - |
| Individual | - | 13 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 115 | 29 | 0.25x |
| Corporate | - | - | - |
| Individual | - | 29 | - |
| Other | - | - | - |
| IND | 517 | 340 | 0.66x |
| Fixed price | - | 340 | - |
| Total | 907 | 389 | 0.43x |
What Do These Subscription Numbers Mean?
A subscription of 1.17x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 21.33x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 21.33x, it reflects serious institutional conviction.
NII at 0.13x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.07x and sNII at 0.25x by applications. Share subscription was 0.80x. Allotment uses application count, not share volume.
null Retail allotment is done by lottery when oversubscribed.
Harikanta Overseas SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 0.66x.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.25x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.07x.
- •Share subscription was 1.06x. Allotment uses application count, not share volume.
Check the Harikanta Overseas SME IPO Allotment Status page from 29 May 2026 for your allotment result.
Harikanta Overseas SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 20 May 2026 | 1.00x | 0.11x | 0.05x | 0.10x |
| Day 2 - 21 May 2026 | 1.00x | 0.01x | 0.09x | 0.07x |
| Day 3 - 22 May 2026 | 1.00x | 0.19x | 0.32x | 0.27x |
Harikanta Overseas SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 May 2026 |
| IPO Close Date | 27 May 2026 |
| Allotment Date | 29 May 2026 |
| Refund Initiation | 30 May 2026 |
| Share Credit to Demat | 30 May 2026 |
| Listing Date | 2 June 2026 |
| Minimum Investment | Rs 2,30,400.00 |
| Lot Size | 1200 shares |
About Harikanta Overseas SME
Harikanta Overseas Limited, incorporated in 2018, is engaged in the manufacturing and distribution of synthetic textile fabrics. The company's diverse product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. Operating from its manufacturing unit in Surat, Gujarat, the company primarily caters to the women's ethnic wear segment (sarees, dress materials, and kurtas) and men's kurtas.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Harikanta Overseas SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Harikanta Overseas SME IPO Allotment Status
Check allotment result on allotment date
Harikanta Overseas SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Harikanta Overseas SME IPO Subscription FAQs
What is Harikanta Overseas SME IPO subscription status today?
Harikanta Overseas SME IPO subscription closed on 27 May 2026 with overall subscription of 1.17x (by shares) as of 17 July 2026, 2:01 AM IST. QIB 21.33x, NII 0.13x, IND 0.66x.
What is the overall subscription of Harikanta Overseas SME IPO?
Harikanta Overseas SME IPO is subscribed 1.17x overall by shares at close on 27 May 2026. QIB 21.33x, NII 0.13x, and IND 0.66x.
What is Harikanta Overseas SME IPO QIB subscription?
Harikanta Overseas SME IPO QIB (Qualified Institutional Buyers) subscription is 21.33x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Harikanta Overseas SME IPO IND subscription?
Harikanta Overseas SME IPO IND subscription is 0.66x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Harikanta Overseas SME IPO NII subscription?
Harikanta Overseas SME IPO NII (Non-Institutional Investors) subscription is 0.13x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Harikanta Overseas SME IPO for retail?
Harikanta Overseas SME IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Harikanta Overseas SME IPO allotment date?
Harikanta Overseas SME IPO allotment date is 29 May 2026. Check Harikanta Overseas SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Harikanta Overseas SME IPO subscription close?
Harikanta Overseas SME IPO subscription closed on 27 May 2026. No new applications are accepted after the close.
What is Harikanta Overseas SME IPO GMP today?
GMP for Harikanta Overseas SME IPO is not available yet. Track Harikanta Overseas SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Harikanta Overseas SME IPO issue price and lot size?
Harikanta Overseas SME IPO issue price is ₹96 per share. Lot size is 1200 shares. Minimum investment is ₹2,30,400 per lot (minimum 2 lots for SME). Issue size: ₹25.63 Cr.
When is Harikanta Overseas SME IPO listing date?
Harikanta Overseas SME IPO listing date is 2 June 2026 on NSE and BSE. Allotment is on 29 May 2026.
How does subscription affect Harikanta Overseas SME IPO allotment?
Allotment odds in Harikanta Overseas SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.17x overall, competition is moderate.
For allotment results from 29 May 2026, visit the Harikanta Overseas SME IPO Allotment Status page. For listing day updates on 2 June 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.