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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Heranba Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹627
Per ShareLot Size
23 Shares
Minimum Investment
₹14,421
Issue Size
₹624.34 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
69.58%
Issue Type
Book Building
ISIN
INE694N01015
Heranba Industries Ltd is a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat, with Corporate and Administration Offices in Mumbai. It manufactures Intermediates, Technicals and Formulations. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc. Its Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control.
Heranba Industries Ltd operates in the agrochemicals industry.
Heranba Industries Limited was originally incorporated as a private limited company under the provisions of the Companies Act, 1956 vide certificate of incorporation dated March 17, 1992 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli with the name Heranba Industrial Chemicals Private Limited'. Subsequently, the Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on June 15, 1996 and consequently, the name of the Company was changed to Heranba Industrial Chemicals Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli on July 26, 1996. Subsequently, the name of the company was changed to Heranba Industries Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli on July 26, 1996.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 99,71,937 equity shares of face value of Rs. 10.00 each of Heranba Industries Limited ("The company" or "The Issuer") for cash at a price of Rs. 627 per equity share ("offer price") (including a share premium of Rs. 617 per equity share) agregating to Rs. 625.24 crores ("the offer") comprising a fresh issue of 9,56,937 equity shares aggregating to Rs. 60.00 crores ("fresh issue") and an offer for sale of 90,15,000 equity shares comprising 58,50,000 equity shares by, Sadashiv K. Shetty, up to 22,72,038 equity Shares, by Raghuram K. Shetty, 8,12,962 equity shares, by Sams Industries Limited, 40,000 equity shares by Babu K. Shetty, 40,000 equity shares and by Vittala K. Bhandary (collectively, The "selling shareholders") aggregating to Rs. 565.24 crores ("offer for sale") of the offer. The offer will constitute 24.92%, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the offer price Rs.627 is 62.7 times of the face value.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Whole Salers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.