314 - 330
₹ 755.26 Cr
314 - 330
Retail Gain/Listing Gain
Harsha Engineers International Ltd. is the largest manufacturer of precision bearing cages, in terms of revenue, in the organised sector in India, as well as the leading manufacturers of precision bearing cages in the world. (Source: CARE Advisory Report). The business comprises of
The company is highly technology driven with a team of 253 qualified engineers (including solar EPC business) as of March 31, 2022, along with decades of experience in bearing cages engineering. They hold approximately 50-60% of the market share in the organised segment of the Indian bearing cages market and 6.5% of the market share in the global organised bearing cages market for brass, steel and polyamide cages in CY 2021 (Source: CARE Advisory Report), offering a wide range of bearing cages with application in the automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics, renewables sectors etc.
We have four strategically located manufacturing facilities for our engineering business with one of our principle manufacturing facilities at Changodar, one at Moraiya near Ahmedabad in Gujarat in India, one manufacturing unit each at Changshu in China, and another in Ghimbav Brasov in Romania.
The company’s presence in these strategic locations helps to penetrate global markets more efficiently and in a cost effective manner, thus allowing access to customers, where products are supplied to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America and Africa.
Here are a few strategies Harsha Engineers International Ltd. has for its business:
And finally here’s a look at key financials of Harsha Engineers International Limited.
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Harsha Engineers International Limited IPO has an issue size of around Rs. 755 crore. The IPO opens for subscription on 14th September 2022 and ends on 16th September 2022.
The allotment dates are yet to be announced.
Link Intime India Private Limited is the registrar for this IPO
The dates are yet to be decided.