I wish I applied, Kudos To The Alotters!
About Heranba Industries
Heranba Industries is a crop-protection, chemical manufacturer, exporter and marketing company formed in the year 1996 based out in Gujarat. They are one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc. The Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control.
a) Domestic Institutional sales of Technicals: manufacturing and selling of Technicals in bulk to domestic companies.
b) Technicals Exports: Exports of Technicals in bulk to customers outside India.
c) Branded Formulations: Manufacturing and selling of Formulations under their brands through its own distribution network in India.
d) Formulations Exports: Export of Formulations in bulk and customer specified packaging outside India.
e) Public Health: Manufacturing and selling of general insect control chemicals by participating in public health tenders issued by governmental authorities and selling to pest management companies.
Formulation means the final products sold to farmers as Pesticides, Herbicides, and Fungicides for crop protection.
a) They have intermediates, Technicals and Formulations and holds registrations for eighteen (18) Technicals for manufacture and sale in India.
b) One hundred and three (103) Technicals & Formulations for manufacture and sale in the export markets.
c) One hundred and sixty nine (169) Formulations registered for manufacturing and sale in India.
d) Applications for registration of fourteen (14) Technicals & Formulations for manufacture & sale in India and seven (7) Technicals and Formulations to manufacture for the export markets have been filed with the CIB&RC and are in the process of evaluation.
They have an extensive distribution network in India supported by a skilled sales force. They have more than nine thousand four hundred (9,400) dealers having access to twenty-one (21) depots of the Company across sixteen (16) states and one (1) union territory in India supporting the distribution of the products.
They have three (3) manufacturing and packaging facilities in and around the industrial belt of Vapi, Gujarat having one hundred seventy-four (174) reactors with an aggregate manufacturing capacity of 14,024 MTPA.
Objects of the Heranba IPO:
Heranba IPO Details:
|Open Date:||Feb 23 2021|
|Close Date:||Feb 25 2021|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Building|
|Issue Size:||625 Cr.|
|Lot Size:||23 Shares|
|Issue Price:||₹ 625-627 Per Equity Share|
|Listing Date:||Mar 05 2021|
Promoters And Management:
Financials of Heranba IPO:
Comparison With Peers:
|Company||Rev (cr)||3Y Rev Growth||3 year PAT Growth||OPM (FY20)||ROE (FY20)||D/E (FY20)||P/E||Mcap (Cr)|
Recommendation on Heranba IPO:
Lead Manager of Heranba IPO:
Registrar of Heranba IPO:
Discussion on Heranba IPO:
Congrats all allotters…
Sell 50% at 900 and rest keep 50% with stop loss of 800…… The stock might go to 1000.
I have alloted 4 application what we do please tell me advice umeshji
Got 1 out of 3 appl., what should I do? Should go for listing gain, (if listing is higher than issue price).
no allotment in 8 application
HERANBA IPO: Link to check allotment for Heranba IPO
*Basis of Allotment date is March 2nd*
*Initiation of Allotment or refunds date is March 3rd*
Allotment is out.
No Allotment in three Applications.
Link for Heranba Allotment status check
(May be uploaded later in the night or tomorrow)
allotment kb aaynga?
On 3rd Mar 21.
Gmp 200 rs.
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