Anchor Investors:
Heranba Industries raises Rs 187.5 crore from anchor investors. The marquee anchor investors included Government Pension Fund Global, Jupiter India, Cohesion MK Best Ideas Sub-Trust, Dovetail India Fund, Societe Generale and Morgan Stanley. The domestic front, HDFC Trustee Company, Max Life Insurance Company, IIFL Special Opportunities Fund and Emkay Emerging Stars Fund received shares in the anchor book.
Equity Shares outstanding prior to the Issue = 3,90,56,530 Shares
Fresh Issue of 9,56,937 Shares @627/- = Rs.60.00Crores
Offer for Sale of 90,15,000 Shares @627/- = Rs.565.240Crores
Equity Shares outstanding after the Issue = 4,00,13,467 Shares
Category-wise Break up:
Anchor: 29,91,581 Shares = 187.57Crores
QIB: 19,94,387 Shares = 125.05Crores
NII: 14,95,791 Shares = 93.79Crores
RII: 34,90,178 Shares = 218.83Crores (Lot size: 23 = 1,51,747 Forms)
Total Issue: 99,71,937Shares = 625.24Crores.
Subscription required for 1X
RII: 1,51,747 Forms
NII: 93.79Crores
Listing Pear Group Companies:
Rallis India
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Heranba Industries IPO Date & Price Band
| IPO Open: | 23 February 2021 |
| IPO Close: | 25 February 2021 |
| IPO Size: | Approx ₹625 Crore |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹626 to ₹627 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 9,015,000 Shares |
Heranba Industries IPO Market Lot
| Minimum Lot Size: | Minimum 23 Shares |
| Minimum Amount: | ₹14421 |
| Maximum Lot Size: | Maximum 299 Shares |
| Maximum Amount: | ₹187473 |
Heranba Industries IPO Allotment & Listing
| Basis of Allotment: | 2 March 2021 |
| Refunds: | 3 March 2021 |
| Credit to Demat Account: | 4 March 2021 |
| Listing Date: | 5 March 2021 |
Heranba Industries IPO Form
How to apply the Heranba Industries IPO? You can apply Heranba Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Heranba Industries IPO in the Invest section. The other option you can apply Heranba Industries IPO via IPO forms download via NSE and BSE. Check out the Heranba Industries forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Heranba Industries Company Financial Report
| ₹ in Crore | |||||
| Revenue | Expense | Net Income | |||
| 2017 | – | – | – | ||
| 2018 | 750 | 674 | 47.0 | ||
| 2019 | 1012 | 890 | 75.6 | ||
| 2020 | 968 | 839 | 97.4 | ||
| 2021 – H1 | – | – | – | ||
Company Promoters
- Sadashiv K. Shetty
- Raghuram K. Shetty
About Heranba Industries
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, this is achieved by its research and product development divisions, where “Chemistry is at its best”.
HERANBA’s mission is to improve Crop Productivity and Public Health. It is committed to the wellness of world citizens.
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.
We produce advance agro-chemical solutions based on specially developed technology. Our Public Health products are supplied in both Government Tenders and to Pest control companies.
We have fully equipped in house laboratory with all the laboratory equipment’s such as HPLC’s, GC’s, Polarimeters, Particle size Analysers, Spectrophotometers and other conventional lab equipment’s.
Quick Links
DRHP Draft Prospectus
RHP Draft Prospectus
Heranba Industries IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Note: Check Heranba Industries IPO allotment status on Bigshare website allotment URL. Click Here
Heranba Industries IPO Lead Managers
- Batlivala & Karani Securities India Private Limited
- Emkay Global Financial Services Ltd
Company Address
Heranba Industries Limited
Plot No. 1504 / 1505 / 1506/1 GIDC
Phase-III, Vapi,
Valsad – 396195
Phone: 91 260 240 1646
Email: [email protected]
Website: https://www.heranba.co.in/
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