Harsha Engineer IPO - Price, Details And Subscription

Harsha Engineer is India based company since 2010. It's part of Harsha Group.

The revenue of the company mostly comes from India and its the largest manufacturer of precision bearing cages.

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The company fully subscribed on the first day of subscription. It's about 1.92 times the subscription.

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NSE reported that the conclusion of the public issue will be on Friday, This is also the last day for IPO bidding.

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Harsha Engineer IPO's Retail individual investors’ category received 2.28 times subscription.

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Non-Constitunial Investors category received 2.28 times subscription.

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Harsha Engineers IPO's Price Band is Fixed At Rs 314-330 per share. It's for an initial share sale.

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Harsha Engineers Got a 50-60% market share in the organized market. They have two Divisions - an engineering business and a solar EPC business.

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Many people are wondering whether they subscribe to it or not. In my opinion, You should Subscribe to the issue with a long-term perspective.

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