Listed Price₹900.00
Listing Gain+43.54%
Price Band₹626 - ₹627
Lot Size23 shares
Min Bid₹14,421
SubscriptionTracking
Listed Market Snapshot
₹900.00Listed price from market data
+43.54%listing gain
Issue Amount
₹625 Cr
Listed Price
₹900.00
Current Price
₹188.35
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open23 Feb 2021
Close25 Feb 2021
Allotment02 Mar 2021
Listing05 Mar 2021
Quota Reservation Portions
QIBPortion: 49,85,968 shares
50%HNIPortion: 14,95,791 shares
15%RetailPortion: 34,90,178 shares
35%Minimum Application Bracket Matrix
Retail1 lots / 23 shares
₹14,421sHNI14 lots / 322 shares
₹2,01,894bHNI70 lots / 1,610 shares
₹10,09,470About the 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.
Company Promoters
Sadashiv K. ShettyRaghuram K. Shetty
Lead Managers
Registrar
Bigshare Services Private Limited