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Heranba Industries Limited IPO Review

IPO Status: Listed [23rd Feb 2021 to 25th Feb 2021]

Rated 3.5/5 by Team InvestorGain
Heranba Industries Limited IPO Detail

Heranba Industries Limited IPO Details

IPO Issue Opening Date: 23rd Feb 2021
IPO Issue Closing Date: 25th Feb 2021
IPO Issue Price: ₹626-627 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 49.99
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹700 Cr
Offer for Sale: ₹565.24 Cr
Fresh Issue: ₹60 Cr
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 98.1%
Promoter Holding Post IPO: 74.1%
Allotment Status: Allotment Status

Heranba Industries Limited IPO Important Dates

Get important updates regarding Heranba Industries Limited IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Heranba Industries Limited IPO dates
IPO Activity Date
Basis of Allotment Date* 2nd Mar 2021
Refunds Initiation* 3rd Mar 2021
Credit of Shares to Demat* 4th Mar 2021
IPO Listing Date* 5th Mar 2021

* - Tentative Dates

Heranba Industries Limited IPO Lots

IPO Activity Date
Issue Price ₹626-627
Market Lot: 23 Shares
1 Lot Amount: ₹14421
Min Small HNI Lots(2-10 Lakh): 322 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Heranba Industries Limited IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
04-03-2021627270--₹897 (43.06%)4-Mar-2021 9:23
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Heranba Industries Limited

About Heranba Industries Limited IPO

Heranba Industries Limited, a crop protection chemical manufacturer, exporter, and marketing company is coming up with an IPO of issue size of Rs 700 Cr. Heranba Industries IPO opening date is 23rd Feb 2021 and the closing date is 25th Feb 2021. Get Heranba Industries Limited IPO review including tentative timeline, IPO lot size, issue price, DRHP, RHP, company overview, strengths, weakness, financials, and more.

  • Incorporated Year: 1996
  • Sector: Agrochemical
  • Website: https://www.heranba.co.in/
  • IPO Issue Size: Rs. 700 Cr

About Company- Heranba Industries Ltd

Heranba Ltd is a manufacturer of advanced agro-chemical solutions based on specially developed technology. The company has expertise in all the key chemical reactions which supply its products to the government through tenders and also to pest control companies. Currently, it has more than 8,600 dealers in the country across 16 states and 1 union territory. It has 3 manufacturing and packaging facilities in the industrial belt of Vapi, Gujarat.

Heranba Industries Limited IPO Strengths

  • Offers wide range of products across the entire value chain of synthetic pyrethroids.
  • Wide distribution network with products registered in domestic and international markets.
Incorporation Sector IPO Issue Size Website
NULL NULL ₹700 Cr https://www.heranba.co.in/

Heranba Industries Limited IPO Objective

Heranba Industries Limited is coming up with IPO for the following purposes:

  • To fund the working capital requirements of the company.
  • To meet the general corporate purposes.
  • To meet the public issue expenses.
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Heranba Industries Limited IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 1,995,448 Shares
  • Non-Institutional Investors: 1,495,791 Shares
  • Retail Individual Investor: 3,490,178 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered1,995,448 (28.58%)1,495,791 (21.43%)3,490,178 (49.99%)6,981,417
123rd Feb 2021 05:020.00x0.09x1.65x0.84x
224th Feb 2021 05:021.01x0.86x4.53x2.74x
325th Feb 2021 05:0267.45x271.15x11.84x83.29x
Heranba Industries Limited financial
Heranba Industries Limited Financials 30-Sep-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹788.12 Cr ₹624.77 Cr ₹560.44 Cr ₹450.46 Cr
Total Income ₹619.21 Cr ₹967.90 Cr ₹1011.83 Cr ₹750.41 Cr
Net Profit/Loss ₹66.31 Cr ₹97.75 Cr ₹75.40 Cr ₹46.87 Cr

Company Address

Heranba Industries Limited
Plot No. 1504 / 1505 / 1506/1 GIDC, Phase-III,
Vapi, Valsad,Gujarat-396195
India
Website: https://www.heranba.co.in/
Phone: +91 260 240 1646
Email: [email protected]

Heranba Industries Limited IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]
Heranba Industries Limited IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Heranba Industries Limited? Should I apply in Heranba Industries Limited IPO?

Last Updated on 13-Apr-2021 01:07:29


User Reviews

5. Nipun Doshi Feb 10 2021 04:38:47 AM Reply
Heranba Industries Limited IPO expected listing gain.
4. SREESHMA P K Feb 10 2021 04:38:47 AM Reply
Please confirm Heranba Industries Limited IPO GMP (grey market premium) and kostak.
3. Rekha Feb 10 2021 04:38:47 AM Reply
Heranba Industries Limited IPO good or bad.
2. MOHIT BERRY Feb 10 2021 04:38:47 AM Reply
Heranba Industries Limited IPO whether to invest or not.
1. Mamta Pal Feb 10 2021 04:38:47 AM Reply
Heranba Industries Limited IPO - CRISIL Rating, Apply or not?.