Heranba Industries IPO offering of up to 90,15,000 equity shares of face value Rs. 10 each (equity shares) of Heranba Industries (Company or Issuer) for cash at a price of Rs. 626-627 per equity share (including a share premium of Rs. [*] per equity share) (Issue Price), aggregating up to Rs. 625.24 crores (Issue).
Heranba Industries Limited incorporated in 1996 based in Gujarat. The company a manufacturer of crop protection chemical. They are leading producer of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, etc. The company manufactures different types of pesticides including insecticides, fungicides, herbicides, and other pest control products. They have their manufacturing unit in Vapi, Gujarat with capacity of 14,024 MTPA. They have their own in-house R&D Unit as well. Check out Heranba Industries IPO date, price band and market lot details.
Heranba Industries IPO Review
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Heranba Industries IPO Date & Price Band
| IPO Opening Date | Feb 23, 2021 |
| IPO Closing Date | Feb 25, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | 626 to 627 per equity share |
| Market Lot | 23 Shares |
| Min Order Quantity | 23 Shares |
| Listing At | BSE, NSE |
| Issue Size | 625.24 Cr. |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹60.00 Cr) |
| Offer for Sale | 9,015,000 Eq Shares of ₹10 (aggregating up to ₹ 565.24Cr) |
Heranba Industries IPO Market Lot
| Minimum Lot Size: | Minimum 23 Shares |
| Minimum Amount: | ₹-14,421 |
| Maximum Lot Size: | Maximum 299 Shares |
| Maximum Amount: | ₹-187473 |
Heranba Industries IPO Tentative Timetable
The Heranba Industries IPO open date is Feb 23, 2021, and the close date is Feb 25, 2021. The issue may list on Mar 5, 2021.
| IPO Open Date | Feb 23, 2021 |
| IPO Close Date | Feb 25, 2021 |
| Basis of Allotment Date | Mar 2, 2021 |
| Initiation of Refunds | Mar 3, 2021 |
| Credit of Shares to Demat Account | Mar 4, 2021 |
| IPO Listing Date | Mar 5, 2021 |
Heranba Industries IPO Form
How to apply the Heranba Industries IPO? You can apply Heranba Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Heranba Industries IPO in the Invest section. The other option you can apply Heranba Industries IPO via IPO forms download via NSE and BSE. Check out the Heranba Industries forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Heranba Industries Company Financial Report
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 7,881.20 | 6,247.63 | 5,604.43 | 4,504.65 |
| Total Revenue | 6,192.11 | 9,679.06 | 10,118.38 | 7,504.10 |
| Profit After Tax | 663.11 | 977.50 | 754.02 | 468.76 |
Company Promoters
- Sadashiv K. Shetty
- Raghuram K. Shetty
About Heranba Industries
Incorporated in 1996, Heranba Industries Limited is a Gujarat-based crop protection chemical manufacturer. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, etc. The company manufactures different types of pesticides including insecticides, fungicides, herbicides, and other pest control products.
Heranba Industries operates in different verticals including 1. Domestic sales of Technicals to companies 2. Technicals exports, 3. Domestic sales of Branded formulations under its own brand name, 4. Formulations export, and 5. Manufacturing and selling of insect control chemicals. It has a strong network in the domestic as well as the overseas market. In India, it has 8600 dealers across 16 states and 1 union territory whereas, in the overseas market, it exports its products to more than 60 countries through international distribution partners.
The company has 3 well-equipped manufacturing units in Vapi, Gujarat with an aggregate manufacturing capacity of 14,024 MTPA. It further has an in-house R&D team at Unit I and II that are recognized by the Department of Scientific and Industrial Research (DSIR) and its new R&D facility at Unit III, Sarigam will become operational from December 2020.
Heranba IPO Prospectus
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Note: Check Heranba Industries IPO allotment status on Bigshare website allotment URL. Click Here
Heranba Industries IPO Lead Managers
- Batlivala & Karani Securities India Private Limited
- Emkay Global Financial Services Ltd
Company Address
Heranba Industries Limited
Plot No. 1504 / 1505 / 1506/1 GIDC
Phase-III, Vapi,
Valsad – 396195
Phone: 91 260 240 1646
Email: compliance@heranba.com
Website: https://www.heranba.co.in/
Heranba Industries IPO FAQs
When Heranba Industries IPO will open for QIB, NII, and Retail?
The IPO is to open on 23 February 2021 for QIB, NII, and Retail Investors.
What is Heranba Industries IPO Investors Portion?
The investors' portion for QIB-50%, NII-15%, and Retail 35%.
How to Apply the Heranba Industries IPO?
You can apply Heranba Industries IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Heranba Industries IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Heranba Industries". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Heranba Industries IPO Size?
Heranba Industries IPO size is ₹625.24 crore.
What is Heranba Industries IPO Price Band?
Heranba Industries IPO Price Band is ₹ 626 ₹ 627.
What is Heranba Industries IPO Minimum and Maximum Lot Size?
The minimum bid is 23 Shares with ₹ 14,421 amount while maximum bid is 299 shares with ₹ 187,473.
What is Heranba Industries IPO Allotment Date?
Heranba Industries IPO allotment date is 2 March 2021.
What is Heranba Industries IPO Listing Date?
Heranba Industries IPO listing date is 5 March 2021. The IPO to list on BSE and NSE.
