247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Heranba Industries Limited IPO (Heranba Industries IPO) Details

Heranba Industries Limited is an Chemical - Pesticides based company, located in Valsad, Heranba Industries Limited IPO size was 625.24 Cr. and was issued at 627.00 per share. The share of Heranba Industries Limited were listed at 812.25 per share and are currently trading at 381.55 per share.

Type :
Sub Sector : Manufacturing And Marketing Crop Protection Chemicals
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1238.42 Cr.

PAT :
132.62 Cr.

Pricing Report

Issue Price :
627.00

Listing Price :
812.25

Current Market Price :
381.55

Issue Price vs CMP :
245.45 (39.15%)

listing Price vs CMP :
430.7 (53.03%)

Performance Report (CAGR* wise)

CAGR : -12.01
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Heranba Industries

Company Information
Heranba Industries Limited is a crop protection chemical manufacturer, exporter, and marketing firm based in Vapi, Gujarat, specializing in the production of Intermediates, Technicals, and Formulations. It is one of the leading domestic producers of synthetic pyrethroids such as cypermethrin, alphacypermethrin, deltamethrin, permethrin, and lambda cyhalothrin. Its pesticide range includes insecticides, herbicides, fungicides, and public health products for pest control. The company's business verticals include domestic institutional sales of Technicals, exports of Technicals in bulk, branded formulations sold through its distribution network, exports of formulations in customer-specified packaging, and public health products supplied through governmental tenders and pest management companies.
Object of Issue
  • To meet business working capital requirements
  • To meet business working capital requirements
  • To meet public issue expenses

Heranba Industries MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2021
IPO Size :
625.24 Cr.
IPO Subscription :
83.29 X     
PE Multiple :
18.91
Merchant Banker :
Batlivala & Karani Securities India Private Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Heranba Industries operates in Chemical - Pesticides and Manufacturing And Marketing Crop Protection Chemicals. The Issue is listed on MainBoard in Mar, 2021. Heranba Industries IPO size was 625.24 Cr. with Issue price of 627.00 .

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 381.55.

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