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-2024
31-Jan-2024
₹ 45.00
₹ 0.00
Minimum Application for shares in Nos : 3000.0
Further Multiples of : 3000.0
(₹)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
₹45.00
Projects
Repayment and/or pre-payment in full or part of certain borrowings availed by the Company