Heranba Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹270(43.06%)
Premium (ELP)
Heranba Industries Limited's successfully transitioned to public market status with its listing on NSE, BSE on Mar 05, 2021. The IPO mobilized 99,71,937 Shares in cumulative capital, including 9,56,937 Shares for corporate expansion and ₹565.00 Cr for shareholder liquidity management.
The public offering was conducted within the price parameters of ₹626 to ₹627, with minimum investment lots of 23 shares. subscription activity between Feb 23, 2021 and Feb 25, 2021 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Mar 02, 2021, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1992, Heranba Industries Limited is a Gujarat-based manufacturer of crop protection chemicals, specializing in synthetic pyrethroids such as cypermethrin, deltamethrin, and lambda-cyhalothrin, along with a wide range of insecticides, fungicides, herbicides, and other pest control products. The company operates across domestic and international markets, with 8,600 dealers in India and exports to over 60 countries. Heranba Industries has three manufacturing units in Vapi, Gujarat, with a total capacity of 14,024 MTPA, and maintains in-house R&D facilities recognized by the Department of Scientific and Industrial Research (DSIR), including a new facility at Sarigam operational from December 2020.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diverse Product Portfolio: Offers Intermediates, Formulations, and Technicals.
- Global & Domestic Reach: Serves markets both in India and internationally.
- Strong Distribution: Well-established network for product delivery.
- Large Customer Base: Wide and diverse clientele.
- Experienced Leadership: Promoters supported by a skilled management team.
NA
- Sadashiv K. Shetty
- Raghuram K. Shetty
Heranba Industries Limited
Bigshare Services Private Limited