Heranba IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- Heranba IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Heranba IPO
- Heranba IPO Important Details
- Heranba IPO Price – Details
- Heranba IPO Lead Managers
- Heranba IPO Registrar
- Objects of the Issue
- Heranba IPO Allotment Date, Listing Date and other Important Dates
- Heranba IPO DRHP & RHP
- Heranba IPO – FAQs
About Heranba IPO
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.
Heranba produce advance agro-chemical solutions based on specially developed technology. The Public Health products are supplied in both Government Tenders and to Pest control companies.
Heranba is 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.
Expertise on all the key chemical reactions on commercial scales. Presently engaged in the following processes:
- Ammonolysis
- Condensation
- Cyanation
- Cyclisation
- Esterification
- Favorski Reaction
- Friedel Crafts
- Halogenation
- Hydrolysis
- Isomerisation
- Methoxylation
- Sulphonation
Heranba IPO Important Details
| Date | Details |
|---|---|
| March 17, 1992 | Incorporated as a private limited with the name ‘Heranba Industrial Chemicals Private Limited’ |
| June 15, 1996 | The company was converted into a public limited company and name of the Company was changed to ‘Heranba Industrial Chemicals Limited’ |
| July 26, 1996 | The name of the company was changed to ‘Heranba Industries Limited’ |
Heranba IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Initial Public offer of [.] Equity Shares comprising a Fresh Issue of up to Rs 600 Million and an Offer for Sale of 90,15,000 Equity Shares |
| Issue Period | 23-Feb-2021 to 25-Feb-2021 |
| Issue Type | 100% Book Building |
| IPO Price Band | Rs.626 to Rs.627 |
| Face Value | Rs.10 |
| Market Lot | 23 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 23 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | HERANBA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Heranba IPO Lead Managers
- Emkay Global Financial Services Limited
- Batlivala & Karani Securities India Private Limited
Heranba IPO Registrar
- Bigshare Services Private Limited
Objects of the Issue
- To fund working capital requirements; and
- To fund expenditures towards general corporate purposes.
Heranba IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 23-Feb-21 |
| Bid / Offer Closes on | 25-Feb-21 |
| Finalisation of Basis of Allotment | 02-Mar-21 |
| Initiation of refunds | 03-Mar-21 |
| Credit of the Equity Shares | 04-Mar-21 |
| Commencement of trading – Listing | 05-Mar-21 |
Heranba IPO DRHP & RHP
- Draft Red Herring Prospectus
- Red Herring Prospectus
Heranba IPO – FAQs
When Heranba IPO will open ?
The Heranba IPO opens on Feb 23, 2021 and closes on Feb 25, 2021
What is the lot size of Heranba IPO ?
Heranba IPO lot size is 23 Shares and the minimum order quantity is 23 Shares.
What is the price band for Heranba IPO ?
The Heranba IPO price band at Rs.626 to Rs.627 per share
Who is the Registrar for Heranba IPO ?
The Registrar is Bigshare Services Private Limited
How to apply in Railtel IPO through UPI?
Check the step by step process here – Click here