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.
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
|Year||Total Revenue||Total Expenses||Total Net Income|
|2018||750 Crore||674 Crore||47.0 Crore|
|2019||1012 Crore||890 Crore||75.6 Crore|
|2020||968 Crore||839 Crore||97.4 Crore|
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 Date||February 23, 2021|
|IPO Closing Date||February 25, 2021|
|Share Price||Rs 626 - Rs 627|
|Minimum Lot Size||23 Shares|
|Minimum Amount||Rs 14,421|
|Maximum Lot Size||325 Shares|
|Maximum Amount||Rs 1,95,000|
|Face Value||Rs 10 per share|
|Allotment Date||March 2, 2021|
|Refund||March 3, 2021|
|Listing Date||March 2, 2021|
|Listing on||BSE & 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.