Heranba Industries IPO Date, Share Price, GMP, Issue Size, Allotment, Listing BSE & NSE

Another time & on another day one more IPO comes in our knowledge which going to amaze every investor by the massive returns. We want to tell you that Gujarat Based crop protection chemical manufacturing company Heranba Industries Limited set to launch its first-ever initial public offer. The Heranba Industries IPO Date is officially announced by the company including the various important details regarding the IPO. Heranba IPO will launch on February 23, 2021. Here is the information about the Issue size, Share Price, Allotment date, Minimum Lot, and Heranba Industries IPO Listing. So stay here to know the complete detail without missing any related official announcement.

IPO

Heranba Industries IPO

Heranba Industries Limited was incorporated in 1996. This is one of the leading domestic producer companies among the chemical producer of India. They serving the product synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, etc. Besides this, Heranba manufactures various types of agricultural pesticides including insecticides, herbicides, fungicides, and other pest control products. Currently, the company leading the market with a huge network of 8600 dealers across 16 states of India including 1 union territory also. Along with it, they export the mentioned products to more than 60 countries around the globe. Read; Flipkart IPO Date and Price

Heranba Industries Limited financial Stats

YearTotal RevenueTotal ExpensesTotal Net Income
2018750 Crore674 Crore47.0 Crore
20191012 Crore890 Crore75.6 Crore
2020968 Crore839 Crore97.4 Crore
2021-H1N/AN/AN/A

Heranba IPO Lot Size

As per the information, the minimum lot is 23 shares which will cost Rs 14,421. The maximum Lot size of 325 shares will cost around Rs 1,95,000.

Heranba IPO Listing

If we talk about the Heranba listing on BSE & NSE. So this upcoming IPO will be list on stock exchanges on March 5, 2021.

Heranba IPO Allotment

The Allotment of the shares will be initiate on March 2, 2021, and all the shares will be allotted to you by the company. But the refund of rejected application will be credit in the Demat immediately on March 3, 2021.

Heranba IPO Size

On the basis of available information, the Issue size is approx Rs 60 Crores and along with it, we have the news about the price band that it is Rs 626 to Rs 627 per share.

Heranba IPO Details
IPO Opening DateFebruary 23, 2021
IPO Closing DateFebruary 25, 2021
Share PriceRs 626 - Rs 627
Minimum Lot Size23 Shares
Minimum AmountRs 14,421
Maximum Lot Size 325 Shares
Maximum AmountRs 1,95,000
Face ValueRs 10 per share
Allotment DateMarch 2, 2021
RefundMarch 3, 2021
Listing DateMarch 2, 2021
Listing onBSE & NSE

The Heranba Industries IPO last date is February 25, 2021. So now, as you know the last date of this Initial Public Offer then get ready with your funds to make a big hit for the big return from this upcoming IPO. Make sure you applied the application for allotment of shares. For more Upcoming IPO 2021 you may check out our other articles that are also related to Stock Market. Stay connected to know every business news on this website Businesspatrika.com.

Previous articleBharti Airtel awards Rs 300 crore to Chinese Company Huawei Check Full Details Here
Next articleEasy Trip IPO Subscription Status, Allotment, Listing Price Find Out Live Share Price