Heranba Industries Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹626-₹627
- Lot size
- 23 shares
- Issue amount
- ₹625 cr
- Total subscription
- 0×
- Opens
- 23 Feb 2021
- Closes
- 25 Feb 2021
- Allotment
- 2 Mar 2021
- Listing
- 5 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 99,71,937 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,398
- Fresh issue
- ₹60 cr
- Offer for sale
- ₹565 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,421
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,90,56,530
- Shares after issue
- 4,86,26,603
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 23 | ₹14,421 |
| sHNI | 14 | 322 | ₹2,01,894 |
| bHNI | 70 | 1,610 | ₹10,09,470 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Diverse Product Portfolio: Offers Intermediates, Formulations, and Technicals.
- Global & Domestic Reach: Serves markets both in India and internationally.
- Strong Distribution: Well-established network for product delivery.
- Large Customer Base: Wide and diverse clientele.
- Experienced Leadership: Promoters supported by a skilled management team.
Promoters
Sadashiv K. Shetty
Raghuram K. Shetty
Registrar & documents
Lead manager
Batlivala & Karani Securities India Private Limited, Emkay Global Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 1504 / 1505 / 1506/1 GIDC Phase-III, Vapi, Valsad – 396195
91 260 240 1646
[email protected]Company website ↗Understanding HERANBA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.