Harshdeep Hortico Ltd IPO

The Company was originally incorporated as a Limited Company under the name Harshdeep Hortico Limited on December 30, 2022 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra bearing CIN U26994MH2022PLC396421. Later, on April 03, 2023, the Company took over the business of proprietorship concern of the promoter Hitesh Chunilal Shah, namely M/s Harshdeep Agro Products along with the assets and liabilities of the proprietorship concern as going concern.

Indian real estate developers operating in the country's major urban centres are poised to achieve a significant feat in 2023, with the completion of approximately 558,000 homes. As flowers are considered a sign of grace and elegance and hold spiritual and emotional value, the scope of floriculture in the commercial industry is undeniable. Unlike last many decades, the industry is thriving and making a separate space in the international market too. Although flowers have been an integral part of Indian culture and tradition, the industry is still new to the marketplace and the customers.

Harshdeep Hortico Limited is primarily engaged in the business of 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. along with related accessories like Garden Hose Pipe & Water Can. Our company was incorporated in December 2022, prior to which our Promoter, Hitesh Chunilal Shah was carrying on the business operations as a proprietorship concern under the name of M/s Harshdeep Agro Products to design and manufacture quality pots and planters.