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Subscribe to Harsha Engineers International: ICICI Direct

ICICI Direct has come out with its report on Harsha Engineers International. The research firm has recommended to ''Subscribe'' the ipo in its research report as on September 13, 2022.

September 14, 2022 / 11:39 AM IST
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ICICI Direct IPO report on Harsha Engineers International

Harsha Engineers International (HEIL) was incorporated on December 11, 2010. The part of the Harsha Group, HEIL is a leading engineering company that offers a diversified suite of products across geographies and end-use industries. It manufactures brass, steel and polyamide cages and stamped components with production facilities in Asia (India & China) and in Europe (Romania). HEIL’s market share is estimated to be ~50-60% in the Indian bearing cages market making it the largest manufacturer of precision bearing cages in the organised sector in India.

Valuation and Outlook

We assign a SUBSCRIBE rating to the IPO


For all IPO report, click here

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14092022 - HARSHA ENGINEERS I -IPO - ici

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