Heranba Industries IPO Details – Heranba Industries IPO Date, GMP, Review, Price Band, Forms & Market Lot Details

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

    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

    Heranba Industries IPO Registrar

    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.
     

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