New Delhi: Despite a rampant selloff in the broader markets, Harsha Engineers International (HEIL) made a strong debut on bourses on Monday. Harsha Engineers was listed a premium of 36 per cent at Rs 450 on National Stock Exchange (NSE) against an issue price of Rs 330, whereas the scrip debut at Rs 444 on … Read more
The ₹755-crore initial public offering (IPO) of Harsha Engineers International was subscribed 74.7 times on Friday – the final day of bidding. The issue received bids for 125.97 crore shares against the 1.69 shares on offer, according to the stock exchanges data. This the strongest response to an IPO from investors so far in 2022. … Read more
Harsha Engineers International, whose IPO will run between September 14-16, is commanding an astounding premium in the grey market. The shares of Harsha Engineers are trading at a premium of Rs 190-200 per share or about 60 per cent in the unofficial market over the IPO price band of Rs 314-330, which the company announced … Read more