Issue Price
₹45
Per Share
GMP
NIL
Grey Market
Est. Listing
₹45
Expected Price
Min. Application
₹270,000
2 lots × 3000 shares
Harshdeep Hortico Limited designs, manufactures, and supplies pots and planters for indoor and outdoor use.The company's product portfolio includes indoor plastic planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, eco-series planters, etc. and related accessories such as garden hose pipes and water canisters.Recently, the company also entered the field of Roto Moulded Outdoor Furniture.Harshdeep Hortico has two manufacturing facilities in Bhiwandi and Pune with an area of approximately 93769 sq. ft. and 40000 sq. ft. respectively. The company has three stores in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh) and four distributors in Hyderabad, Kolkata, Chandigarh and Visakhapatnam. The company also has an online presence via Amazon and Flipkart as well as social media platforms such as Facebook and Instagram.The company's customers come from 27 states and union territories in India as well as overseas countries such as Djibouti, East Africa, the United Kingdom, Nepal, etc.As on September 30, 2023, the company had over 125 employees.
Harshdeep Hortico Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 216,000 | — | ₹0.97 Cr | — |
| TOTAL | 4,242,000 | 100.00% | ₹19.09 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| sNII (Min) | 14 | 42,000 | ₹1,890,000 |
| bNII (Min) | 68 | 204,000 | ₹9,180,000 |
| Particulars | 31 Jul 2023 | 31 Mar 2023 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 1482.84 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 177.24 | -0.27 | N/A |
| Net Worth | 1325.82 | 4.73 | N/A |
| Total Assets | 3059.49 | 4.89 | N/A |
| Reserves & Surplus | 1318.85 | -0.27 | N/A |
| Total Borrowings | 636.82 | N/A | N/A |