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Harshdeep Hortico Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Harshdeep Hortico Ltd IPO

Registered Office: Bldg # 1 S.S.Logistics Sy# 18/,2E 18/2P 17/2A 17/2B Elkunde , Thane - 421302 , Maharashtra , India.
Phone : +91 94245 04224   Fax:
Email :  cs@harshdeepindia.com  
Website :  https://harshdeepindia.com/
Initial public offer of upto 42,42,000* equity shares of face value of (Rs)10/- each ("Equity Shares") of Harshdeep Hortico Limited ("The Company" or "The Issuer" or "HHL") at an issue price of (Rs)45/- per equity share (including a share premium of (Rs)35/- per equity share) for cash, aggregating up to (Rs)19.09 crores ("Public Issue") out of which 2,16,000* equity shares of face value of (Rs)10 each, at an issue price of (Rs)45/- per equity share for cash, aggregating (Rs)0.97 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 40,26,000* equity shares of face value of (Rs)10 each, at an issue price of (Rs)45/- per equity share for cash, aggregating up to (Rs)18.12 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.36% and 25.02% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Jan-24 31-Jan-24 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 16.72
Hem Securities Ltd
Project Financed through Current Offer 19.09  
Post Issue Equity Share Capital 16.09  
Issue Price (Rs)45.00  
 
Projects
Repayment and/or pre-payment in full or part of certain borrowings availed by the CompanyGeneral Corporate Purposes
To meet Working Capital Requirements
Promoted By
Hitesh Chunilal Shah  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd