Harikanta Overseas IPO GMP: Price Band, Dates, Lot Size & Complete IPO Review

The Harikanta Overseas IPO GMP is generating attention among SME IPO investors as the company prepares to launch its public issue on the BSE SME platform. With increasing interest in SME listings and export-oriented businesses, investors are closely watching the Grey Market Premium (GMP), subscription demand, and listing expectations of this IPO.

In this blog by Finowings, we bring you all the important details related to the Harikanta Overseas IPO including issue size, IPO dates, price band, lot size, and investment requirements.

Harikanta Overseas IPO Details

Harikanta Overseas IPO is a book-built issue worth ₹25.63 crore. The IPO consists entirely of a fresh issue of 0.27 crore equity shares, meaning the proceeds raised will be used by the company for business growth and operational expansion.

The IPO subscription will open on May 20, 2026, and close on May 22, 2026. The allotment process is expected to be finalized on May 25, 2026. Following the allotment, the shares are likely to be listed on the BSE SME platform on May 27, 2026.

Harikanta Overseas IPO GMP Today

The Harikanta Overseas IPO GMP is expected to become a key indicator of investor sentiment ahead of the listing. Grey Market Premium refers to the unofficial premium at which IPO shares trade in the grey market before listing on the stock exchange.

A strong GMP often reflects positive market sentiment and the possibility of listing gains, while lower GMP trends may indicate cautious investor participation. Since GMP changes daily based on demand and market conditions, investors should track the latest updates regularly.

At Finowings, we recommend evaluating GMP alongside company fundamentals and subscription data before investing in any SME IPO.

Harikanta Overseas IPO Price Band

The company has fixed the IPO price band at ₹91 to ₹96 per share. Investors applying at the upper price band should calculate their investment amount accordingly.

Key IPO Highlights

• IPO Size: ₹25.63 crore

• Issue Type: Book Build Issue

• Issue Structure: Entirely Fresh Issue

• Price Band: ₹91 to ₹96 per share

• Listing Exchange: BSE SME

• IPO Open Date: May 20, 2026

• IPO Close Date: May 22, 2026

• Tentative Listing Date: May 27, 2026

Lot Size and Minimum Investment

The IPO lot size has been fixed at 1,200 shares per lot. Retail investors are required to apply for a minimum of 2 lots (2,400 shares).

Based on the upper price band of ₹96 per share, the minimum investment for retail investors comes to approximately ₹2,30,400.

For HNI investors, the minimum application size is 3 lots (3,600 shares), requiring an investment of around ₹3,45,600.

Should You Invest in Harikanta Overseas IPO?

The rising interest around the Harikanta Overseas IPO GMP highlights growing market attention toward SME IPO opportunities. While SME IPOs can offer attractive listing potential, they may also carry higher risk compared to mainboard IPOs.

Investors should carefully analyze the company’s business model, financial performance, growth prospects, and industry outlook before making any investment decision.

Stay connected with Finowings for the latest updates on Harikanta Overseas IPO GMP, subscription status, allotment updates, and SME IPO market trends.