Harshdeep Hortico Ltd - IPO

Harshdeep Hortico Ltd IPO Details

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.

Objective of issue

Repayment and/or pre-payment in full or part of certain borrowings availed by the Company. To meet Working Capital Requirements. General Corporate Purposes.

Harshdeep Hortico Ltd Contact Details

Harshdeep Hortico Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@harshdeepindia.com

Website - https:, harshdeepindia.com