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Harikanta Overseas SME IPO Subscription

Listed

Updated 2 June 2026, 9:15 AM IST· BSE SME

Harikanta Overseas SME IPO subscription closed on 27 May 2026 at 1.17x overall by shares. QIB demand came in at 21.33x, NII at 0.80x, and retail at 0.66x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 29 May 2026. Listing date on NSE and BSE is 2 June 2026.

Issue Price
Rs 96.00
GMP Today
-
Overall Sub
1.17x
Issue Size
₹25.63 Cr
Allotment
29 May 2026
Listing
2 Jun 2026

Harikanta Overseas SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 20 May 20261.00x0.11x0.05x0.10x
Day 2 - 21 May 20261.00x0.01x0.09x0.07x
Day 3 - 22 May 20261.00x0.19x0.32x0.27x

Harikanta Overseas SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Harikanta Overseas SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)0.66xVery high
SHNI (Rs 2L to Rs 10L)0.25xVery high
BHNI (above Rs 10L)0.07xVery high

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Harikanta Overseas SME IPO Allotment Status page from 29 May 2026 for your result.

Harikanta Overseas SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 96.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 51.84 LRs 11.06 Cr21.33x
FII-Rs 10.54 Cr-
DFI---
Mutual Funds---
Other-Rs 51.84 L-
NIIRs 11.91 CrRs 9.57 Cr0.80x
bNII (above Rs 10L)Rs 7.94 CrRs 8.46 Cr1.06x
Corporate-Rs 3.39 Cr-
Individual-Rs 5.07 Cr-
Other---
sNII (Rs 2L to Rs 10L)Rs 3.97 CrRs 1.12 Cr0.28x
Corporate---
Individual-Rs 1.12 Cr-
Other---
INDRs 11.91 CrRs 7.83 Cr0.66x
Fixed price-Rs 7.83 Cr-
TotalRs 24.34 CrRs 28.47 Cr1.17x

Harikanta Overseas SME IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB4540.09x
FII-3-
DFI---
Mutual Funds---
Other-1-
NII345450.13x
bNII (above Rs 10L)230160.07x
Corporate-3-
Individual-13-
Other---
sNII (Rs 2L to Rs 10L)115290.25x
Corporate---
Individual-29-
Other---
IND5173400.66x
Fixed price-340-
Total9073890.43x

What Do These Subscription Numbers Mean?

1.17x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 21.33x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (0.13x by applications). Split: SHNI 0.25x, BHNI 0.07x by applications. SHNI and BHNI allotment is by lottery.

null Retail allotment is also by lottery.

Harikanta Overseas SME IPO Key Dates

EventDate
IPO Open Date20 May 2026
IPO Close Date27 May 2026
Allotment Date29 May 2026
Refund Initiation30 May 2026
Share Credit to Demat30 May 2026
Listing Date2 June 2026
Minimum InvestmentRs 2,30,400.00
Lot Size1200 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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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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 August 2026, 10:32 PM 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. Retail bids are up to Rs 2 lakh per PAN.

What is Harikanta Overseas SME IPO NII, SHNI, and BHNI subscription?

Harikanta Overseas SME IPO NII subscription is 0.13x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.25x and BHNI (above Rs 10L) at 0.07x.

What are Harikanta Overseas SME IPO retail allotment chances?

Harikanta Overseas SME IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Harikanta Overseas SME IPO SHNI allotment chances?

Harikanta Overseas SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Harikanta Overseas SME IPO BHNI allotment chances?

Harikanta Overseas SME IPO BHNI share subscription is 1.06x. Application data is needed for exact lottery chances.

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?

In Harikanta Overseas SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match Harikanta Overseas SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.