| Issue Date | 23 Feb 2021 - 25 Feb 2021 |
| Issue Size | ₹625.24 Cr |
| Issue Price | ₹626-627 |
| Market Lot | 23 Shares |
| Shares on Offer | 90,15,000 |
| Registrar | Bigshare |
| GMP | ₹120-125 |
| Kostak | ₹200-250 |
| Subject to Sauda | N/A |
| Listing Date | 05 March 2021 |
| Listing Price | ₹900 |
| Listing Gain% | 43.54 |
Heranba Industries Limited is one of the leading agrochemical players in India. Success story of HERANBA finds its root in 1996, when technocrats, Mr. Sadashiv K Shetty & Mr. Raghuram K Shetty formed a company, with an objective of providing innovative products to farmers to maximise their farm output.
Heranba recognizes the requirement for the highest level of support in product research, development and registration. They are constantly striving towards developing a cost effective process for manufacturing of Active Ingredients and Intermediates for Herbicides,, Insecticides & Fungicides and to develop new formulations of Crop protection products. The company has a state-of-the-art R&D center and a pilot plant Their Formulation Development Lab has been set up with Lab Scale equipments like: Bead Mill, Air Jet Mill, Extruders, Fluidized Bed Dryer and many more. The facility fulfils the requirement for Organic Synthesis as well as Formulation Development.
They have well qualified team of research personnel and scientists working for the continuous improvement of existing products and the development of new product.
Heranba is manufacturers of Synthetic Pyrethroids and its intermediates in India. It has a wide network of business in India as well as in world market with a phenomenal growth rate year after year.
Sadashiv K. Shetty and Raghuram K. Shetty are the company promoters.
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 6,247.63 | 5,604.43 | 4,504.65 |
| Total Revenue (In ₹ Millions) | 9,679.06 | 10,118.38 | 7,504.10 |
| Profit After Tax (PAT) (In ₹ Millions) | 977.50 | 754.02 | 468.76 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 26 Feb 2021 | ₹120-125 | ₹200-250 | N/A |
| 25 Feb 2021 | ₹150-160 | ₹200-250 | N/A |
| 24 Feb 2021 | ₹130-140 | ₹200-250 | N/A |
| 22 Feb 2021 | ₹213-215 | ₹250-300 | N/A |
| 17 Feb 2021 | ₹180-185 | N/A | N/A |
| Company | EPS | P/E | Face Value |
|---|
| Strength |
|---|
| Profit has doubled since 2018 |
| High Grey Market Premium for this Stock. |
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 23 Feb 2021 | 0.00 | 0.09 | 1.65 | 0.84 |
| Day 2 - 24 Feb 2021 | 1.01 | 0.86 | 4.53 | 2.74 |
| Day 3 - 25 Feb 2021 | 67.45 | 271.15 | 11.84 | 83.29 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusHeranba Industries Limited IPO will open on 23 Feb 2021 and close on 25 Feb 2021.
Heranba Industries Limited IPO will list on 05 March 2021.
The offer price of Heranba Industries Limited IPO is ₹626-627.
The lot size of Heranba Industries Limited IPO is 23.
The Grey Market Premium (GMP) price of Heranba Industries Limited IPO is ₹120-125.
The Kostak price of Heranba Industries Limited IPO is ₹200-250.
The Subject to Sauda price for Heranba Industries Limited IPO is Not Available at the moment.
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