IPO Listed — 02 Jun 2026
Listing Price: ₹79.75
Harikanta Overseas SME IPO GMP History | Listing Price ₹79.75 & Kostak Rate
Harikanta Overseas SME IPO has been listed on June 2, 2026 at a listing price of ₹79.75, against the issue price of ₹96 — a loss of ₹16.25 (-16.93%). The GMP peaked at ₹0 on 29 May 2026 and reached a low of ₹0 on 29 May 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Harikanta Overseas SME IPO raised ₹26 Cr. through its IPO at a price band of ₹91 to ₹96 per share, with a lot size of 1200 shares. The IPO was open for subscription from 20 May 2026 to 22 May 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 29 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 26 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 25 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 23 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 22 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 21 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 20 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 19 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 18 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 15 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Harikanta Overseas SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 20 May, 2026 |
| Close Date | 22 May, 2026 |
| Allotment Date | 25 May, 2026 |
| Refund Date | 26 May, 2026 |
| Credit to Demat | 26 May, 2026 |
| Listing Date | 02 Jun, 2026 |
Harikanta Overseas SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹96 |
| Actual Listing Price | ₹79.75 (-16.93%) |
| Listing Gain / Loss | ₹-16.25 per share |
| Listing Date | 02 Jun, 2026 |
Is Harikanta Overseas SME IPO GMP Reliable?
Grey market premium for Harikanta Overseas SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Harikanta Overseas SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Harikanta Overseas SME IPO IPO Kostak Rate Explained
The Kostak rate for Harikanta Overseas SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Harikanta Overseas SME IPO
The business model of Harikanta Overseas is mainly based on sourcing, manufacturing, and supplying textile products to wholesalers, retailers, exporters, and institutional buyers. The company offers products such as fabrics, garments, and textile-based solutions while maintaining emphasis on timely delivery and competitive pricing. The promoters of the company have experience in the textile and trading sector, helping the business maintain operational efficiency and customer retention across different markets.
Strengths & Risks
Strengths
- ✓ Strong experience of the Gotawala family in the textile manufacturing business.
- ✓ Diversified fabric portfolio including Ikat, saree, polyester, and poly linen fabrics.
- ✓ Presence in both domestic and international markets like Thailand, Bahrain, and Cambodia.
- ✓ Modern manufacturing setup with Rapier Jacquard machines and ISO certifications.
- ✓ Growing focus on direct exports and capacity expansion through Harikanta Weaving acquisition.
Risks
- ⚠ Heavy dependence on synthetic yarn and petrochemical-based raw materials.
- ⚠ Large revenue concentration from limited geographies, especially Cambodia and Gujarat.
- ⚠ Business operations depend on a single manufacturing facility in Surat.
- ⚠ Textile business is exposed to seasonal demand and fashion trend changes.
- ⚠ SME-listed stocks may face lower liquidity and higher price volatility after listing.
Frequently Asked Questions about Harikanta Overseas SME IPO
What is the GMP of Harikanta Overseas SME IPO?
The current Grey Market Premium (GMP) of Harikanta Overseas SME IPO is not yet started or active in the market.
What is the Kostak Price of Harikanta Overseas SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Harikanta Overseas SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Harikanta Overseas SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Harikanta Overseas SME IPO?
Harikanta Overseas SME IPO listed on June 2, 2026 at ₹79.75, against the issue price of ₹96 — a loss of -16.93%.
How did the GMP of Harikanta Overseas SME IPO trend before listing?
The GMP of Harikanta Overseas SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 29 May 2026. View the day-wise table above for the complete GMP history.
Explore Harikanta Overseas SME IPO Further
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