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Heranba Industries Limited IPO

Heranba Industries Limited IPO

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Listed Price: ₹ 900.00 (+43.54%)

Heranba Industries Limited's successfully transitioned to public market status with its listing on NSE, BSE on 05-03-2021. 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 23-02-2021 and 25-02-2021 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 02-03-2021, 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.

Heranba Industries IPO Details
Lot(s) Distribution

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.

IPO Reservation
Heranba Industries IPO Key Performance Indicator
Company Financials ( In Lakhs )

Heranba Industries IPO About Company

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."


Heranba Industries IPO Strength Factors

  1. Diverse Product Portfolio: Offers Intermediates, Formulations, and Technicals.
  2. Global & Domestic Reach: Serves markets both in India and internationally.
  3. Strong Distribution: Well-established network for product delivery.
  4. Large Customer Base: Wide and diverse clientele.
  5. Experienced Leadership: Promoters supported by a skilled management team.

Heranba Industries IPO Risk Factors

NA


Heranba Industries IPO Lead Manager(s)

  • Batlivala & Karani Securities India Private Limited
  • Emkay Global Financial Services Limited

Heranba Industries IPO Promoter(s)

  1. Sadashiv K. Shetty
  2. Raghuram K. Shetty



Heranba Industries IPO Company Details

Heranba Industries Limited
Phone:
address:

Heranba Industries IPO Registrar

Bigshare Services Private Limited
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Phone:

Heranba Industries IPO FAQs