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15 Days Price Change

Harshdeep Hortico IPO

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Profile
Issue Size --
Profile
Price Range 42  to  45 per share
Profile
Min Investment ₹45
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Harshdeep Hortico Ltd is a leading agricultural enterprise specializing in horticulture and crop cultivation. The company has earned a stellar reputation for its commitment to sustainable farming practices and innovation in the agricultural sector. Harshdeep Hortico focuses on the production of high-quality fruits, vegetables, and ornamental plants, utilizing advanced technologies to enhance crop yield and quality. With a strong emphasis on environmental responsibility, the company integrates eco-friendly methods into its farming processes. Harshdeep Hortico is dedicated to meeting global food demands while prioritizing ethical and environmentally conscious agricultural practices, making it a key player in the ever-evolving landscape of agribusiness. Read More

Basic Info

Face Value 10 per share

Price 42  to  45 per share

P/E (x) 7.5

Sales( Cr.) 56

PAT( Cr.) 10

EPS 6

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr. Hitesh Chunilal Shah

Pre Issue Share Holding 85.03%

Post Issue Share Holding 63.77%

Listing Details:

Listing Price: 70

Listing Gain: 35.71%

Current Price: 100

Gain On Issue: 100 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 29, 2024
Closing Date Jan 31, 2024
Allotment Feb 01, 2024
Refund Feb 02, 2024
Delivery of Shares Feb 02, 2024
Listing Date Feb 05, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 135,000
Retail (Max) 1 3000 135,000
S-HNI (Min) 2 6000 270,000
S-HNI (Max) 7 21000 945,000
B-HNI (Min) 8 24000 1,080,000

Objective of the Issue

1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company 2. To meet Working Capital requirements 3. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 2121000 452897130 213.5x
NII 636300 115774785 182x
Retail 1484700 145871775 98.3x
EMP 0 0 0x
Total 4242000 558628980 131.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Harshdeep Hortico Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 48 56
Other Income 0 0 0
Total Income 0 48 56
Total Expenditure 0 38 41
Operating Profit -0 11 15
Interest 0 1 0
Depreciation 0 1 4
Exceptional Income / Expenses 0 0 0
Profit Before Tax -0 9 11
Provision for Tax 0 2 2
Profit After Tax -0 7 10
Adjustments 0 0 0
Profit After Adjustments -0 7 10
Adjusted Earnings Per Share -0 4.1 6

Harshdeep Hortico Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 37 47
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 0 0 -0
Total Current Liabilities 0 8 8
Total Liabilities 0 45 56
Fixed Assets 0 11 12
Other Non-Current Assets 0 1 1
Total Current Assets 0 33 42
Total Assets 0 45 56

Harshdeep Hortico Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 2
Cash Flow from Operating Activities -0 -15 6
Cash Flow from Investing Activities 0 -13 -5
Cash Flow from Financing Activities 0 30 0
Net Cash Inflow / Outflow 0 2 0
Closing Cash & Cash Equivalent 0 2 2

Harshdeep Hortico Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0 4.07 6.03
CEPS(Rs) -0 5 8.23
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 0.06 23.07 29.46
Core EBITDA Margin(%) 0 22.04 26.36
EBIT Margin(%) 0 19.26 20.32
Pre Tax Margin(%) 0 18.06 20.27
PAT Margin (%) 0 13.57 17.24
Cash Profit Margin (%) 0 16.65 23.55
ROA(%) -5.53 29.11 19.28
ROE(%) -5.71 35.24 22.95
ROCE(%) -5.71 50.03 27.05
Receivable days 0 83.31 78.42
Inventory Days 0 90.76 115.35
Payable days 0 25.02 46.08
PER(x) 0 10.23 10.83
Price/Book(x) 0 1.81 2.22
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0 1.35 1.83
EV/Core EBITDA(x) -0.44 6.05 6.87
Net Sales Growth(%) 0 0 16.55
EBIT Growth(%) 0 0 22.99
PAT Growth(%) 0 0 48.1
EPS Growth(%) 0 0 48.11
Debt/Equity(x) 0 0 0
Current Ratio(x) 32.53 4.24 5.03
Quick Ratio(x) 32.53 2.7 2.2
Interest Cover(x) 0 16.02 415.84
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 0% 0% 0%
Operating Profit CAGR 36% 0% 0% 0%
PAT CAGR 43% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 47% NA% NA% NA%
ROE Average 23% 17% 17% 17%
ROCE Average 27% 24% 24% 24%

Company Contact Information

Harshdeep Hortico Ltd.

Building No.1, Gala No 1 To 4, Shree Sai Logistics Survey No.18/2 E 18/2 P 17/2 A, 17/2 B Part Village Elkunde, Bhiwandi

IPO Lead Manager(s)

Harshdeep Hortico Ltd.

Hem Securities Ltd.

Registrar Info

Harshdeep Hortico Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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