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Heranba IPO Date & Details

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Heranba IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Heranba IPO

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

DateDetails
March 17, 1992Incorporated as a private limited with the name ‘Heranba Industrial Chemicals Private Limited’
June 15, 1996The company was converted into a public limited company and name of the Company was changed to ‘Heranba
Industrial Chemicals Limited’
July 26, 1996The name of the company was changed to ‘Heranba Industries Limited’

Heranba IPO Price – Details

DescriptionDetails
Public IssueInitial 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 Type100% Book Building
IPO Price BandRs.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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolHERANBA
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

  1. To fund working capital requirements; and
  2. To fund expenditures towards general corporate purposes.

Heranba IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on23-Feb-21
Bid / Offer Closes on25-Feb-21
Finalisation of Basis of Allotment02-Mar-21
Initiation of refunds 03-Mar-21
Credit of the Equity Shares04-Mar-21
Commencement of trading – Listing05-Mar-21

Heranba IPO DRHP & RHP

Heranba IPO – FAQs

When Heranba IPO will open ?

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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

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