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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 4,984,051 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,495,215 | — | 0.00x |
| Retail Individual (RII) | 3,488,836 | — | 0.00x |
| Total | 9,968,102 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 151,689 | 151,689 | 1.00x |
| HNIs (10L +) | 970 | 970 | 1.00x |
| HNIs (2-10L) | 4,644 | 4,644 | 1.00x |
| Total Applications | 157,303 | 157,303 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Heranba Industries Limited Public Issue & Market Profile
Heranba Industries Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹625 Crores. The shares are offered at a price band of ₹626 to ₹627 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 23 shares (approx. ₹14,421 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-04, while un-allotted funds or UPI block mandates will be released on 2021-03-03.
Frequently Asked Questions
What is Heranba Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Heranba Industries Limited IPO is ₹270 per equity share. Based on the upper price band of ₹626 to ₹627 per equity share, the estimated listing price is ₹897 (+43.1% expected listing gain).
What is the expected profit per lot for Heranba Industries Limited IPO?
With a lot size of 23 shares and current GMP of ₹270, the expected profit per application lot is approx ₹6,210 (+43.1% gain). Minimum application cost is approx ₹14,421.
What is the issue size and price band for Heranba Industries Limited IPO?
The Heranba Industries Limited IPO aggregate issue size is ₹625 Crores with an equity price band set at ₹626 to ₹627 per equity share. The retail lot size is 23 shares requiring a minimum capital outlay of approx. ₹14,421.
How can I check Heranba Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Heranba Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2021-03-02. Investors can verify status using PAN card or application number.
When is the listing date for Heranba Industries Limited IPO?
Heranba Industries Limited shares are scheduled to list on NSE and BSE on 2021-03-05.