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HERANBAEQ / NSE, BSEListed
Heranba Industries

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.

drhpanchor
₹626 - ₹627Open
Listed Price₹900.00
Listing Gain+43.54%

IPO Schedule & Timeline

Bookbuilding IPO
Open23 Feb 2021
Close25 Feb 2021
Allotment02 Mar 2021
Listing05 Mar 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB49,85,968 shares
50%
HNI14,95,791 shares
15%
Retail34,90,178 shares
35%

Minimum Application Lots

Retail1 Lot (23 shares)
₹14,421
sHNI14 Lots (322 shares)
₹2,01,894
bHNI70 Lots (1,610 shares)
₹10,09,470

Company Promoters

Sadashiv K. ShettyRaghuram K. Shetty

Company Background

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 internationa...

Lead Managers & Bankers

Batlivala & Karani Securities India Private LimitedEmkay Global Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-20)₹6192.11 Cr
Growth-17.5%
Revenue Trend (₹ in Crores)
0.03.9k7.8k11.6kMar-18Mar-19Mar-20Sep-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-206,192.11663.117,881.200
Mar-209,679.06977.506,247.630
Mar-1910,118.38754.025,604.430
Mar-187,504.10468.764,504.650

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
02 Mar 2021
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
05 Mar 2021

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Heranba Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Mar 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Mar 2021Trading commences on exchange

How to Check Heranba Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Heranba Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Heranba Industries IPO

Complete issue overview for Heranba Industries (HERANBA) IPO. The issue features an equity share price band of ₹626 – ₹627 per share with a minimum retail lot size of 23 Shares (minimum application amount of ₹14,421). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions