1. Completed
Mainboard
Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Harsha Engineers International Limited was incorporated as a private company on 11 December 2010 and is part of the Harsha Group. It is the largest maker of precision bearing cages by revenue in India's organised sector. Its engineering business makes bearing cages in brass, steel and polyamide, complex precision stamped components, welded assemblies, brass castings, cages and bronze bushings. Its solar EPC business offers turnkey solar photovoltaic projects and operations and maintenance. It supplies customers in over 25 countries across North America, Europe, Asia, South America and Africa. The IPO was Rs 755 crore, with Rs 455.10 crore of fresh issue and Rs 299.90 crore of offer for sale by promoters and the promoter group. Rs 270.00 crore of the fresh issue was planned for repaying borrowings and Rs 77.95 crore for machinery.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 4:30 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,158.25 | 981.07 | 973.24 | 195.00 |
| Total Income | 1,339.00 | 876.73 | 899.51 | 117.91 |
| Profit After Tax |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
Harsha Engineers International is the largest maker of precision bearing cages in India's organised sector by revenue, and also runs a solar EPC business. Its total income was Rs 1,339.00 crore in FY2022.
Rajendra Shah, Harish Rangwala, Vishal Rangwala and Pilak Shah
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Indicative only. A GMP-implied price is not a guaranteed listing price.
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 24 Sept 2022, 12:00 PM IST | ₹160 | +48.48% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
| 91.94 |
| 45.44 |
| 21.91 |
| -27.41 |
| NET Worth | 527.90 | 433.22 | 378.02 | 1.41 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |