HomeBusinessHarsha Engineers IPO Allotment Tomorrow: GMP Today, How To Check Allotment Status

Harsha Engineers IPO Allotment Tomorrow: GMP Today, How To Check Allotment Status

New Delhi: The IPO allotment of Harsha Engineers will take place tomorrow (Wednesday, September 21). As per today’s GMP, Harsh Engineers is available at a premium of Rs.234.

Meanwhile, those who have subscribed Harsh EngineersYou can refer to the following two direct links and find out whether their your IPO share is allotted or not.

https://www.bseindia.com/investors/appli_check.aspx

https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

How to Check Harsh Engineers IPO Allotment Status through BSE, NSE

Click on BSE link

– From the list, select LIC IPO

– Enter your IPO details like application number, pan card details

– Clear the ‘I’m not a robot’ button

Now you will be able to see your LIC IPO allotment status.

Harsha Engineers stock market debut

According to market analysts, the initial public offering (IPO) of Harsha Engineers shares may make a positive start in the public markets. The listing of Harsha Engineers is likely to happen on September 26, 2022. The company will be listed on both NSE and BSE.

Harsha Engineers IPO subscribed 74.70 times on last day of offer

On Friday (September 19, 2022), the last day of membership, the initial public offer (IPO) of Harsha Engineers International was subscribed 74.70 times, helped by huge demand from institutional buyers.

According to NSE data, the public offering received bids for 125.96 crore shares against 1.68 crore shares.

For Qualified Institutional Buyers (QIBs), the quota was subscribed 178.26 times, while the share of non-institutional investors was subscribed 71.32 times.

The Retail Individual Investors (RII) category was subscribed 17.63 times.

IPO up to Rs 755 crore had fresh issue up to Rs 455 crore and sale offer up to Rs 300 crore.
The offer price range was Rs 314-330 per share.

Up to Rs 270 crore proceeds from the fresh issue will be used for loan repayment, up to Rs 76 crore for financing working capital requirements for machinery purchase, up to Rs 7.12 crore for infrastructure repair and refurbishment of existing production will be used. For features and general corporate offers.

With PTI inputs

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