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Harsha Engineers IPO: Today the shares of Harsha Engineers International IPO are being allotted. The listing of its shares is expected on 26 September and before that the company’s IPO was open for subscription from 14 September to 16 September 2022. Shares are being allotted to the bidders for the IPO today, on Wednesday 21 September, those who have not received the shares under the IPO, their account will be refunded by 22 September.
How is it going today GMP of Harsha Engineers International IPO
The GMP of Harsha Engineers IPO is running near Rs 240 and on the basis of this it is being said that the listing of the shares of the company can be done at a good premium.
The company’s IPO received an overwhelming response from investors, with the portion reserved for retail investors being subscribed 17.6 times. The total IPO was subscribed a total of 74.70 times.
Know the IPO price band and more
The price band of the IPO was Rs 314-330. In the IPO, shares worth Rs 300 crore have been issued by the shareholders and promoters under the offer for sale. At the same time, new shares worth Rs 455 crore have been issued. The company’s plan was to raise Rs 755 crore through the issue.
How to check allotment
- Share allotment investors of Harsha Engineers can check on the website of BSE.
- To check the share allotment on the BSE website, first of all go to the link given here.
- https://www.bseindia.com/investors/appli_check.aspx. Click the link.
- Select the name of the IPO Harsha Engineers in the dropdown menu.
- After this you have to enter the PAN card number.
- In this way you can check the allotment of your shares.
what does the company do
Harsha Engineers International Limited manufactures a wide range of engineering products for the Aviation and Aerospace, Railway, Automotive, Renewable Energy, Agriculture and other industries. It also provides engineering products in the construction mining sector.
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