Harikanta Overseas IPO GMP: Price Band, Lot Size, Dates & Listing Details

The Harikanta Overseas IPO GMP is drawing investor interest in the SME IPO segment as market participants closely follow subscription demand and potential listing performance. With increasing activity in SME public issues, investors are actively monitoring the Grey Market Premium (GMP) and allotment expectations for this IPO.

Harikanta Overseas IPO is a book-built issue worth ₹24.30 crores. The IPO consists entirely of a fresh issue of approximately 0.27 crore shares, enabling the company to raise funds for future business expansion, operational growth, and corporate requirements.

The IPO subscription window opened on May 20, 2026, and will close on May 22, 2026. During this period, eligible retail and HNI investors can apply for shares through their stockbrokers and online investment platforms.

According to the IPO schedule, the basis of allotment for the Harikanta Overseas IPO is expected to be finalized on May 29, 2026. Following the allotment process, the company is likely to list on the BSE SME exchange with a tentative listing date fixed for June 2, 2026.

Harikanta Overseas IPO has fixed a price band of ₹86 to ₹91 per share. Investors can submit bids within this range based on their investment preferences and market expectations. The IPO lot size has been set at 600 shares per lot.

For retail investors, the minimum investment required is approximately ₹1,09,200 for 2 lots or 1,200 shares at the upper price band. On the other hand, High Net-Worth Individuals (HNIs) must apply for a minimum of 5 lots, equivalent to 3,000 shares, requiring an investment of around ₹2,73,000.

The Harikanta Overseas IPO GMP is expected to remain an important indicator for investors looking to estimate listing sentiment before the shares debut on the exchange. Grey Market Premium generally reflects unofficial demand in the unlisted market and may provide insights into possible listing gains. However, GMP values are unofficial and can fluctuate significantly depending on market conditions and investor sentiment.

Investors should also focus on the company’s financial health, industry position, growth potential, and valuation before making any investment decision. While SME IPOs can deliver attractive returns, they may also involve higher volatility and liquidity risks compared to larger mainboard IPOs.

As the subscription process progresses, investors will continue tracking the latest Harikanta Overseas IPO GMP, subscription status, and market response to assess the IPO’s potential listing performance.