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Heranba Industries Ltd IPO

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Heranba Industries Limited, an agrochemical company in India is a leading manufacturer of different types of pesticides including insecticides, fungicides, herbicides, and other pest control products.

Initial public offering of up to [*] equity shares of face value of Rs. 10.00 each of Heranba Industries Limited (The company or The Issuer) for cash at a price of Rs. [*] per equity share (offer price) (including a share premium of Rs. [*] per equity share) agregating to Rs. [*] crores (the offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 60.00 crores (fresh issue) and an offer for sale of up to 90,15,000 equity shares comprising up to 58,50,000 equity shares by, Sadashiv K. Shetty, up to 22,72,038 equity Shares, by Raghuram K. Shetty, up to 8,12,962 equity shares, by Sams Industries Limited, up to 40,000 equity shares by Babu K. Shetty, Up to 40,000 equity shares and by Vittala K. Bhandary (collectively, The selling shareholders) aggregating up to Rs. [*] crores (offer for sale) of the offer. The offer will constitute [*]%, of the post offer paid up equity share capital of the company.

Heranba Industries Ltd IPO Subscription Details

Company

Heranba Industries Ltd

Issue Type

(Book Built Portion)

Issue Size (In ` Crore)

₹625.24

Lot Size

23 equity shares

Open Date

23 Feb 2021

Close Date

25 Feb 2021

Offer Price

₹626 to ₹627 per equity share

DRHP

Click here

Subscription Status

Category Subscription Status Shares Offered
Qualified Institutional 67.45 Times 1,995,448
Non Institutional 271.15 Times 1,495,791
Retail Individual 11.84 Times 3,490,178
Others - -
Total 2.74 Times 61,195,923

Heranba Industries IPO Subscription Details (Day by Day)

Date QIB NII Retail Total
Feb-23-2021 5:00 0.00x 0.09x 1.65x 0.84x
Feb-24-2021 5:00 1.01x 0,86x 4.53x 2.74x
Feb-25-2021 10.00 67.45x 271.15x 11.84x 83.29x






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About Heranba Industries Ltd IPO

Heranba Industries Ltd. is agrochemical manufacturer, exporter and marketing company based out of Gujarat. The company manufactures Intermediates, Technicals, and Formulations.
It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda-cyhalothrin etc. Heranba Industries Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control.
Heranba Industries Limited has over 9400 distributors across 16 States and 1 Union Territory in India and also exports to over 60 countries.


Heranba Industries Financials

Particulars (Rs Cr)

FY18

FY19

FY20

Sept 2020

Total Assets

450.46

560.44

624.76

788.12

Total Income

750.41

1,011.84

967.90

619.21

Profit after Tax

46.87

75.40

97.75

66.31

How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the Heranba Industries IPO in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Heranba Industries Ltd IPO Frequently Asked Questions

Heranba Industries, an agrochemical company in India and a leading manufacturer of different types of pesticides including insecticides, fungicides, herbicides, and other pest control products is coming up with its Initial Public Offering on February 23 with the public issue comprising a fresh issue size of ₹60.00 Cr.

You can apply for the Heranba Industries IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Heranba Industries IPO will open on February 23,2021.

The Issue Size of Heranba Industries IPO is 9,015,000 Equity Shares of face value ₹10 aggregating ₹625.24 Cr.

Heranba Industries IPO Lot size is 23 equity shares, that means you can apply for one lot consisting 23 equity shares.

Shares of Heranba Industries will be getting allotted on 02nd March,2021.

Heranba Industries Shares will be getting listed on 05th March, 2021.

Here is the minimum investment calculation of Heranba Industries IPO
Lot size – 23 * Issue Price ₹627 = ₹14,421
Hence the minimum investment amount required to invest in Heranba Industries IPO is ₹14,421. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Heranba Industries IPO is ₹14,421

Read more IPO FAQs

Contact Details of Heranba Industries Ltd IPO

Company Contact Information

Heranba Industries Ltd IPO
Plot No 1504/1505/1506/1,
GIDC Phase-III,
VAPI, Gujarat 396195.

Phone: 91-260-2401646
Email: contact@heranba.com
Website: https://www.heranba.co.in/

Heranba Industries Ltd IPO Register

Bigshare Services Pvt Ltd

Heranba Industries Ltd IPO Lead Manager(s)

  • Batlivala & Karani Securities India Pvt Ltd
  • Emkay Global Financial Services Ltd

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