Comparison between Elfin Agro India IPO and Harikanta Overseas IPO.
Elfin Agro India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Harikanta Overseas IPO is a SME Bookbuilding proposed to list at BSE SME.
| Elfin Agro India IPO | Harikanta Overseas IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shilpa Stock Broker Pvt.Ltd. | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Elfin Agro India IPO is up to ₹23.77 Cr whereas the issue size of the Harikanta Overseas IPO is up to ₹23.07 Cr. The final issue price of Elfin Agro India IPO is ₹47.00 per share and of Harikanta Overseas IPO is ₹91.00 per share.
| Elfin Agro India IPO | Harikanta Overseas IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹86.00 per share | |
| Issue Price (Upper) | ₹91.00 per share | |
| Issue Price (Final) | ₹47.00 per share | ₹91.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 50,58,000 shares | 25,35,600 shares |
| Fresh Issue Size (Amount) | up to ₹23.77 Cr | up to ₹23.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,58,000 shares | 25,35,600 shares |
| Issue Size Total (Amount) | up to ₹23.77 Cr | up to ₹23.07 Cr |
Elfin Agro India IPO opens on Mar 05, 2026, while Harikanta Overseas IPO opens on May 20, 2026. The closing date of Elfin Agro India IPO and Harikanta Overseas IPO is Mar 09, 2026, and May 27, 2026, respectively.
| Elfin Agro India IPO | Harikanta Overseas IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 05, 2026 | May 20, 2026 |
| Issue Close | Mar 09, 2026 | May 27, 2026 |
| Basis Of Allotment (Tentative) | Mar 10, 2026 | May 29, 2026 |
| Initiation of Refunds (Tentative) | Mar 11, 2026 | Jun 01, 2026 |
| Credit of Share (Tentative) | Mar 11, 2026 | Jun 01, 2026 |
| Listing date (Tentative) | Mar 12, 2026 | Jun 02, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Elfin Agro India IPO P/E ratio is 13.05, as compared to Harikanta Overseas IPO P/E ratio of 14.66.
| Elfin Agro India IPO | Harikanta Overseas IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 96.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.59 | 70.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.05 | 14.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.30 Cr. | ₹89.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.86 | 56.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.93 | 37.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.88 | 0.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.60 | ₹6.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.86 | 32.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elfin Agro India IPO Retail Individual Investors (RII) are offered 25,38,000 shares while in Harikanta Overseas IPO retail investors are offered 25,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Elfin Agro India IPO and 54,000 shares in Harikanta Overseas IPO.
| Elfin Agro India IPO | Harikanta Overseas IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,67,000 shares | 1,34,400 shares |
| QIB | 0 shares | 54,000 shares |
| NII | 25,20,000 shares | 12,40,800 shares |
| RII | 25,38,000 shares | 12,40,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,58,000 shares | 25,35,600 shares |
Elfin Agro India IPO subscribed 1.35x in total, whereas Harikanta Overseas IPO subscribed 1.12x.
| Elfin Agro India IPO | Harikanta Overseas IPO | |
|---|---|---|
| QIB (times) | 21.33x | |
| NII (times) | 2.12x | 0.70x |
| Big NII (times) | 0.90x | |
| Small NII (times) | 0.28x | |
| RII (times) | 0.59x | 0.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x | 1.12x |
