Harikanta Overseas IPO vs Sai Urja Indo IPO

Comparison between Harikanta Overseas IPO and Sai Urja Indo IPO.

IPO Details

Harikanta Overseas IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sai Urja Indo IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Harikanta Overseas IPO is up to ₹23.07 Cr whereas the issue size of the Sai Urja Indo IPO is up to ₹0.00 Cr. The final issue price of Harikanta Overseas IPO is ₹91.00 per share and of Sai Urja Indo IPO is .

 Harikanta Overseas IPOSai Urja Indo IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹86.00 per share
Issue Price (Upper)₹91.00 per share
Issue Price (Final)₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size25,35,600 shares30,66,000 shares
Fresh Issue Size (Amount)up to ₹23.07 Crup to ₹0.00 Cr
OFS Issue Size0 shares3,12,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,35,600 shares33,78,000 shares
Issue Size Total (Amount)up to ₹23.07 Crup to ₹0.00 Cr

IPO Timetable

Harikanta Overseas IPO opens on May 20, 2026, while Sai Urja Indo IPO opens on . The closing date of Harikanta Overseas IPO and Sai Urja Indo IPO is May 27, 2026, and , respectively.

Financials & KPIs

Harikanta Overseas IPO P/E ratio is 14.66, as compared to Sai Urja Indo IPO P/E ratio of .

 Harikanta Overseas IPOSai Urja Indo IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Nov 202531 Mar 2025
Assets32.5123.12
Total Income26.2835.50
Profit After Tax5.094.47
EBITDA7.356.72
NET Worth18.7713.79
Reserves and Surplus11.686.59
Total Borrowing2.873.26
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets21.1113.9514.16
Total Income65.8245.8828.51
Profit After Tax3.131.390.08
EBITDA5.142.930.72
NET Worth7.764.723.27
Total Borrowing5.352.154.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.8799.48
Promoter Shareholding (Post-Issue)70.66
P/E Ratio14.66
Market Cap₹89.78 Cr.
ROE56.7250.27
ROCE37.5665.43
Debt/Equity0.240.69
EPS₹6.21
RoNW32.4150.27

Shares Offered

In the Harikanta Overseas IPO Retail Individual Investors (RII) are offered 12,40,800 shares while in Sai Urja Indo IPO retail investors are offered 12,40,800 shares. Qualified Institutional Buyers (QIB) are offered 54,000 shares in Harikanta Overseas IPO and 0 shares in Sai Urja Indo IPO.

 Harikanta Overseas IPOSai Urja Indo IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,34,400 shares0 shares
QIB54,000 shares0 shares
NII12,40,800 shares0 shares
RII12,40,800 shares0 shares
Employee0 shares0 shares
Others
Total25,35,600 shares0 shares

Bids Received (Subscription)

Harikanta Overseas IPO subscribed 1.12x in total, whereas Sai Urja Indo IPO subscribed .

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