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Heranba Industries Ltd.

Heranba Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹627
₹627
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹627
Based on GMP
Min. Investment
₹14,421
1 lot × 23 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Feb 2021
Close Date
25 Feb 2021
Allotment
02 Mar 2021
Listing Date
05 Mar 2021
Exchange
NSE & BSE
Price Band
₹627
Listing Price
See chart
Allotment Status
Price Band
₹627
Per share
Face Value
₹10 per share
 
Lot Size
23 Shares
per lot
Issue Size
99,71,937 shares (aggregating up to ₹625.24 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,421
1 lot
Pre-IPO Holding
3,90,56,530 shares
Promoters
Post-IPO Holding
4,86,26,603 shares
Promoters
UPI Deadline
2021-02-25
Mandate
Anchor AllotmentMon, 22 Feb 2021
Basis of AllotmentTue, 02 Mar 2021
Refund InitiationWed, 03 Mar 2021
Demat CreditThu, 04 Mar 2021
Listing DayFri, 05 Mar 2021
UPI Mandate Deadline2021-02-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares9,56,937 shares (aggregating up to ₹60.00 Cr)
Offer for Sale90,15,000 shares of ₹10 (aggregating up to ₹565.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Heranba Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Feb 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
9,971,937
100% ₹625.24
IPO Shares Offered
Heranba Industries Ltd. IPO total issue size: ₹625.24 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 9,971,937 ₹625.24
100.00%
* Based on upper price band ₹627 per share
Lot Size & Investment
Lot Size
23
Shares per Lot
Issue Price
₹627.00
Upper Band
Min Investment
₹14,421
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)246₹28,842
Retail (Max — 13 Lots)13299₹187,473
S-HNI (Min — 14 Lots)14322₹201,894
B-HNI (Min — 70 Lots)701,610₹1,009,470
* Issue Price ₹627 × Lot Size 23 shares
IPO Schedule
Anchor
22 Feb 2021
✓ Done
IPO Open
23 Feb 2021
✓ Done
IPO Close
25 Feb 2021
✓ Done
Allotment
02 Mar 2021
✓ Done
Refunds
03 Mar 2021
✓ Done
Demat Credit
04 Mar 2021
✓ Done
Listing Day
05 Mar 2021
✓ Done
Heranba Industries Ltd. — Live Price LIVE
₹627.00
INR · BSE
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Issue ₹627.00 Live Price
About Heranba Industries Ltd.
Incorporated in 1992, 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.Competitive strengthsRange of product portfolio including Intermediates, Formulations, and Technicals.Domestic as well as global reach.Strong distribution network.Large customer base.Experienced promoters and management team.
Objects of the Issue
1
1 To fund working capital requirements
2
2 General corporate purposes
Heranba Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,011.8
31-Mar-19
₹967.9
31-Mar-20
₹619.2
30-Sep-20
Profit After Tax (PAT)
₹75.4
31-Mar-19
₹97.8
31-Mar-20
₹66.3
30-Sep-20
Particulars30-Sep-2031-Mar-2031-Mar-19
Revenue from Operations 619.21 967.91 1011.84
EBITDA N/A N/A N/A
Profit After Tax (PAT) 66.31 97.75 75.40
Net Worth N/A N/A N/A
Total Assets 788.12 624.76 560.44
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered99,71,937 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,90,56,530 shares
Post-Issue Promoter Holding4,86,26,603 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Batlivala & Karani Securities India Pvt.Ltd.
Emkay Global Financial Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Heranba Industries Ltd. IPO subscribed?

Heranba Industries Ltd. IPO is subscribed 1.00 times by Feb 25, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Heranba Industries Ltd. IPO retail subscription status?

The Heranba Industries Ltd. IPO retail category is subscribed 1.00 times as of 25 Feb 2021. The retail portion is oversubscribed.

How to subscribe Heranba Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Feb 2021 and closes 25 Feb 2021. Min investment: ₹14,421 (1 lot = 23 shares). UPI mandate: 2021-02-25.

How many times Heranba Industries Ltd. IPO subscribed?

The Heranba Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Heranba Industries Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Mar 2021. Refunds: on 03 Mar 2021.

When Heranba Industries Ltd. IPO will be listed?

The Heranba Industries Ltd. IPO listing date is 05 Mar 2021, Friday. Listed on: NSE & BSE. Issue price: ₹627. Estimated listing: ₹627. GMP: NIL.

When Heranba Industries Ltd. IPO close?

The Heranba Industries Ltd. IPO closes on 25 Feb 2021, Thursday. UPI mandate: 2021-02-25. Allotment: 02 Mar 2021. Listing: 05 Mar 2021.