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IPO - Harsha Engineers International Ltd

Posted On:29th Mar 2022
Updated On:6th Oct 2023
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Harsha Engineers International Limited, a part of Harsha Group, is the largest manufacturer of precision bearing cages, in terms of revenue in organised sector in India.
The company supplies its products to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America, and Africa.The company has five manufacturing facilities for engineering business with two manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat, India and one manufacturing unit each in Changshu, China, and Ghimbav Brasov in Romania.Harsha Engineers International Limited has three wholly owned subsidiaries, one in China - Harsha Precision Bearing Components (China) Co. Ltd, one in the United States of America - HASPL Americas Corporationand one in the Netherlands-Harsha Engineers B.V., and a stepdown subsidiary in Romania - Harsha Engineers Europe SRL.

Issue Opens on 14 Sep., 2022Rs. 314 to 330
Issue Closes on 16 Sep., 2022per equity share
Bid LotIssue sizeFace value
45 shares minimum Rs. 755.00 CrRs. 10 per equity share

DISCLAIMER

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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