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Heranba Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 625.24 Cr. The company is based in Valsad and caters to Chemical - Pesticides sector. Batlivala & Karani Securities India , Emkay Global Financial Services are the merchant bankers of Heranba Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd September 2020.
Heranba Industries IPO open date is 23rd February 2021 and close date is 25th February 2021. IPO Allotment Date is 2nd March 2021 and Listing date is 5th March 2021.
IPO
Size:
₹ 625.24 Cr.
Avg IPO Size (Sector Based)
: ₹
492.04 cr.
Sector: Chemical - Pesticides
IPO so far:
7
Merchant Banker:
Batlivala &
IPO by BRLM so far:
3
City:
Valsad
IPO so far:
1
Revenue (annualised):
₹
1238.42
cr. 
PE
Ratio:
18.91x
Average Sector PE Ratio: 13.06x
Heranba Industries IPO size is ₹ 625.24 Cr. with IPO price of ₹ 627.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Batlivala & Karani Securities India Private Limited is the book-running lead manager of the Heranba Industries IPO. Bigshare Services Private Limited is the Registrar for Heranba Industries IPO.
Heranba Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Heranba Industries IPO, based in Valsad, operates in the Chemical - Pesticides sector with a focus on manufacturing and marketing crop protection chemicals. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Heranba Industries IPO size is ₹ 625.24 Cr. with fresh issue size of ₹ 625 and Offer for sale being ₹ Nil
The IPO allotment date for Heranba Industries IPO is expected to be 2nd March 2021, after the finalization of basis of allotment. Investors can check Heranba Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . Heranba Industries IPO refund dates are 3rd March 2021.
Heranba Industries IPO is expected to be listed on 5th March 2021.
The upper price band for the Heranba Industries IPO is set at ₹ 627.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Heranba Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Heranba Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th February 2021. After submission, funds are blocked until the basis of allotment of Heranba Industries IPO is finalised.
The merchant banker for Heranba Industries IPO is Batlivala & Karani Securities India Private Limited , Emkay Global Financial Services Limited . Batlivala & Karani Securities India Private Limited , Emkay Global Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Heranba Industries IPO RHP for further details.
The registrar for Heranba Industries IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Heranba Industries IPO through their official website or helpline.
Heranba Industries IPO was subscribed 83.29 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 625.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 492.04 Cr.
Sector: Chemical - Pesticides
IPO so far:
7
Merchant Banker:
Batlivala &
IPO by BRLM so far:
3
City:
Valsad
IPO so far:
1
Revenue (annualised):
₹ 1,236.60 cr.
PE
Ratio:
18.91x
Average Sector PE Ratio: 13.06x
Heranba Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Heranba Industries Financial Review Page
Merchant Banker(s) of Heranba Industries IPO: Batlivala & Karani Securities India Private Limited , Emkay Global Financial Services Limited
Heranba Industries IPO subscription was 83.29 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Heranba Industries IPO listed at a listing price of 812.25 against the offer price of 627.00.
The current market price of Heranba Industries is 390.40.
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