Harshdeep Hortico Share Price

Harshdeep Hortico Limited was originally incorporated as a Limited Company on December 30, 2022 with the Registrar of Companies, Mumbai, Maharashtra. Prior to this, the Promoter, Hitesh C. Shah was carrying on the business operations as a proprietorship concern under the name M/s Harshdeep Agro Products to design and manufacture quality pots and planters. Later, on April 03, 2023, Company took over the business of proprietorship concern of the Promoter Hitesh Shah, namely M/s Harshdeep Agro Products as a going concern.The Company is engaged in designing, developing, manufacturing and supplying of various types of pots and planters like: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. with related accessories like Garden Hose Pipe Water Can. Presently, it has 2 manufacturing units at Bhiwandi and Pune in Maharashtra along with three stores located in Delhi, Pune (Maharashtra) and Rajahmundry (Andhra Pradesh). Apart from these, it has 4 Distributors in Hyderabad, Kolkata, Chandigarh and Visakhapatnam.In 2008, M/s Harshdeep Agro Products installed first Rotational Moulding Machine at Bhiwandi and began production of Rotomoluded Series. Gradually, to expand business, other machines were purchased along with Rotational Moulding machines including Injection Moulding Machine and Blow Extrusion Machine. Currently, the Company operate a total of 4 Rotational molding machines, 20 Injection Molding Machines and 1 Blow Extrusion Machine. The Company entered into the field of Roto Moulded Outdoor Furniture in FY24. Company launched its IPO on 31 January, 2024 by issuing 42,42,000 equity shares of Rs 10 each and raised funds aggregating to Rs 19.09 Crore through fresh issue.