Heranba Industries Limited IPO
Heranba Industries Limited IPO is listed on BSE and NSE, priced at ₹626–₹627 per share. The stock debuted at ₹900, delivering a listing gain of 43.5%. The IPO had a lot size of ₹23 shares and a minimum investment of ₹14,421.
Heranba Industries Limited IPO
- IPO Dates
- Feb 23, 2021 – Feb 25, 2021
- Price band
- ₹626-627 per equity share
- Minimum Investment
- ₹14,421
- Issue size
- Total Equity Shares 99,71,929 of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹625.24/- Cr # Fresh Issue of 9,56,938 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹60/- Cr # Offer for Sale of 90,15,000 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹565.24/- Cr
- Lot size
- 23
- Allotment Date
- Mar 3, 2021
- Listing
- Mar 5, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Feb 23, 2021
Open Date
Completed
-
Feb 25, 2021
Close Date
Completed
-
Mar 3, 2021
Allotment Date
Completed
-
Mar 5, 2021
Listing Date
Completed
Price Summary
- Last closing
- 207.30 (-66.94%)
- 52 week high
- 403.70
- 52 week low
- 155.38
- Last update
Heranba Industries Limited IPO Essentials
Heranba Industries Limited IPO Details
Heranba Industries Limited IPO is priced at ₹₹626-627 per share with a total issue size of Total Equity Shares 99,71,929 of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹625.24/- Cr # Fresh Issue of 9,56,938 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹60/- Cr # Offer for Sale of 90,15,000 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹565.24/- Cr. The IPO has a lot size of 23 shares and is listed on BSE and NSE.
- Issue price
- ₹626-627 per equity share
- Lot size
- 23 shares
- Face value
- 10 Per Equity Share
- Issue size
- Total Equity Shares 99,71,929 of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹625.24/- Cr
# Fresh Issue of 9,56,938 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹60/- Cr
# Offer for Sale of 90,15,000 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹565.24/- Cr - Listing at
- BSE, NSE
- List price
- 900.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Batlivala & Karani Securities India Private Limited, Emkay Global Financial Services Ltd
Heranba Industries Limited IPO Analytics
Heranba Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Heranba Industries Limited IPO Subscription Status
Heranba Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 19,95,448 |
14,95,791
|
34,90,178 | 69,81,417 |
|
Day 1
23-02-21 05:00 PM
|
0.00 x |
0.09x
|
1.64 x | 0.85 x |
|
Day 2
24-02-21 05:00 PM
|
1.01 x |
0.87x
|
4.53 x | 2.74 x |
|
Day 3
25-02-21 05:00 PM
|
67.45 x |
271.15x
|
11.84 x | 83.29 x |
Heranba Industries Limited Valuations
Earnings
- EPS (Post IPO)
- ₹24.34/-
- P/E Ratio
- 25.76
Returns
- RoNW
- 30.47%
Heranba Industries Limited Financials( In Crs.)
| 31-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 788.12 | 624.76 | 560.44 | 450.46 |
| Revenue | 619.21 | 967.90 | 1,011.83 | 750.41 |
| Profit After Tax | 66.31 | 97.75 | 75.40 | 46.87 |
Heranba Industries Limited Company & Offer Insights
About Heranba Industries Limited
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 Industries Limited Promoter(s)
Sadashiv K. Shetty , Raghuram K. Shetty are the company's promoters of Heranba Industries Limited.
Heranba Industries Limited IPO Issue Objectives
- •
- To meet business working capital requirements.
- •
- To meet general corporate purposes.
- •
- To meet public issue expenses.
Heranba Industries Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Heranba Industries Limited | 6.42 | 25.76 | 30.47% | 967.90 |
| Rallis India Limited | 3.38 | 23.53 | 14.36% | 2,286.15 |
| Sumitomo Chemicals India Limited | 10.77 | 48.56 | 22.17% | 2,435.45 |
| Bharat Raasayan Limited | 6.59 | 29.66 | 22.21% | 1,231.87 |
| Punjab Chemicals and Crop Protection Limited | 7.87 | 25.12 | 31.32% | 562.69 |
Contact Information
Frequently Asked Questions
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Heranba Industries Limited IPO is a book-built IPO worth ₹Total Equity Shares 99,71,929 of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹625.24/- Cr # Fresh Issue of 9,56,938 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹60/- Cr # Offer for Sale of 90,15,000 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹565.24/- Cr. The price band is ₹626–₹627 per share. The IPO opens on Feb 23, 2021 and closes on Feb 25, 2021. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Heranba Industries Limited IPO is ₹626 to ₹627 per share.
The lot size of Heranba Industries Limited IPO is 23 shares.
The minimum investment for Heranba Industries Limited IPO is approximately ₹14,421 based on the upper price band .
Heranba Industries Limited IPO opens on Feb 23, 2021 and closes on Feb 25, 2021.
The allotment date of Heranba Industries Limited IPO is Mar 3, 2021.
Heranba Industries Limited IPO is expected to be listed on Mar 5, 2021, on BSE and NSE .
Heranba Industries Limited IPO listed on Mar 5, 2021. It was issued at ₹900.0 and is currently around ₹207.30 as on 14-May-2026 3:30 PM, which is approximately -66.9% versus issue price. The 52-week high is ₹403.70.
Based on listing and post-listing performance, Heranba Industries Limited IPO delivered around -66.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Heranba Industries Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Heranba Industries Limited IPO valuation snapshot: P/E 25.76, EPS ₹24.34/-, P/B N/A, RoNW 30.47%, and market cap N/A.
To apply for Heranba Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Heranba Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Heranba Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Heranba Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Heranba Industries Limited IPO allotment status on IPO Ji for quick and easy access.