Heranba Industries Limited
ListedMainboardMaterials & Chemicals · NSE / BSE
Incorporated in 1992, Heranba Industries Limited is a Gujarat-based manufacturer of crop protection chemicals, specializing in synthetic pyrethroids such as cypermethrin, deltamethrin, and lambda-cyhalothrin, along with a wide range of insecticides, fungicides, herbicides, and other pest control products. The company operates across domestic and international markets, with 8,600 dealers in India and exports to over 60 countries. Heranba Industries has three manufacturing units in Vapi, Gujarat, with a total capacity of 14,024 MTPA, and maintains in-house R&D facilities recognized by the Department of Scientific and Industrial Research (DSIR), including a new facility at Sarigam operational from December 2020.
Price Band
₹626 – ₹627
Issue Size
₹625 Cr
Lot Size
23 shares
GMP
₹270
+43.1%
Est. Listing
₹897
at current GMP
Subscribed
—
Open
23 Feb 2021
Close
25 Feb 2021
Allotment
2 Mar 2021
Refund
3 Mar 2021
Demat Credit
4 Mar 2021
Listing
5 Mar 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Materials & Chemicals segment
- •Price band established at ₹626 - ₹627 per equity share
- •Minimum bid lot is 23 shares
- •Estimated listing target of ₹897 based on current grey market activity