Heranba Industries Limited IPO GMP


Incorporated in 1992, Heranba Industries Limited is a Gujarat-based crop protection chemical manufacturer. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, etc. The company manufactures different types of pesticides including insecticides, fungicides, herbicides, and other pest control products.

Heranba Industries operates in different verticals including 1. Domestic sales of Technicals to companies 2. Technicals exports, 3. Domestic sales of Branded formulations under its own brand name, 4. Formulations export, and 5. Manufacturing and selling of insect control chemicals. It has a strong network in the domestic as well as the overseas market. In India, it has 8600 dealers across 16 states and 1 union territory whereas, in the overseas market, it exports its products to more than 60 countries through international distribution partners.

The company has 3 well-equipped manufacturing units in Vapi, Gujarat with an aggregate manufacturing capacity of 14,024 MTPA. It further has an in-house R&D team at Unit I and II that are recognized by the Department of Scientific and Industrial Research (DSIR) and its new R&D facility at Unit III, Sarigam will become operational from December 2020.

 



Below are Details of Grey Market Premium (GMP) and Kostak Rate of Heranba Industries Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
1463230-240 RsNILL03 Mar 2021
1461140-150 Rs NILL02 Mar 2021
1462140-150 Rs NILL01 Mar 2021
1458140-150 Rs250 Rs26 Feb 2021
1457140-150 Rs250 Rs25 Feb 2021
1454130-140 RsNILL23 Feb 2021
1453130-140 RsNILL22 Feb 2021
1448170-180 Rs300 Rs19 Feb 2021


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Apparao Raghunath chalak Mar 4 2021 10:56:52 PM
Ipo king is sing

admin Feb 27 2021 4:37:16 AM
sorry for late response Guys. Here Final retail subscription. Total No.of Application Approx : 1455311 Retail Subscription on the basis of Apps : 9.59 times.

Punter Feb 26 2021 11:10:53 AM
@IPO King, Admin Sir chhutiyon pe chale gaye hai.

IPO King Feb 25 2021 10:03:33 PM
@Admin, what is final appwise figures for retail?

@sajalsinghal83 Feb 25 2021 5:38:21 PM
@turtur, under ASBA mode from a single bank account of axis banK, NOT more than 5 applications can be made for a particular IPO

naresh Feb 25 2021 3:50:48 PM
blockbuster ipo... will give return between 5000-15000 plus.like another chemcon..looks like operator game ipo

Punter Feb 25 2021 3:44:27 PM
@Alert, you seem to be "satodiya" who believe in lottery system. Better you try yuor luck in lotteries. I never said the company is "Chor". You quoted that statement. I am neither saying that the company is extraordinary. All I said is IPO is good. It is individual choice to decide whether listing gains, long term investment or don't apply.

Alert Feb 25 2021 2:25:19 PM
@punter, just because a company gave massive listing gains doesnt mean its a very good company. Listing price depends on the valuation and euphoria in the market. Since it got listed its down 23% meanwhile nifty has rallied a massive 30%. Learn the basics. I dont want to waste any more of my time debating with you so dont expect any further replies. Thanks

Turtur Feb 25 2021 2:21:01 PM
Hello, I am apply IPO from single axis bank asba account, for mutiple dmat's, will the application accepted by the exchage or it will be rejected.

Gaurav Khaitan Feb 25 2021 12:14:59 PM
Don t make rubbish type of comment chiller party the retail investor has the right to decide whether he want to invest in this IPO or not they have their own decision I am also applying for this IPO after seeing all the company inside financials and background of the company I have decided to apply for this IPO And for listing gain only ok company have cases it will be resolved but we have to see that in the future company has growth and revenue or not that is the important don't blindly apply for all the IPO that company comes in study the company background and financials and valuation of the company and then only take decision to apply it is up to investor choice don't make this rubbish comment

Punter Feb 25 2021 11:59:50 AM
@Alert, cases were going on against Chemcon Speecialty Management as well which got listed at 120% premium few months back. If you are so worried as a chiller party (Retail investor), there are big names investing as well. Are they fool? Stop rubbish and move on.

Alert Feb 25 2021 11:47:15 AM
@punter i said that because there are many cases ongoing against the company and management. Pls get your facts right. You dont have to debate about everything. Ill be applying in the ipo for listing gains.

Punter Feb 25 2021 11:36:57 AM
@Alert, Please don't spam everywhere. If you don't want to participate in IPOs, please stop spreading false information. This is also a good IPO with GMP around 150 today. Admin Sir, please take a note of this fellow & block if possible. People visiting this platform need to understand the purpose and rules of this platform.

Alert Feb 23 2021 11:46:52 AM
Chor company hai. Sell on listing day

Investor Feb 23 2021 10:14:17 AM
https://www.nseindiaipo.com/issueforms/html/index.jsp You can download ipo form at above link, and submit to your bank for ASBA application.

Naresh Chauhan Feb 23 2021 10:12:15 AM
Heranba Industries Limited Positives -Low Debt company -Very Experienced Management -Bonus Shares allotment history -3 Year CAGR Revenue 8.8% Profit 27.3% EPS 27.7% NAV 27.0% Negatives -Lot of Civil & Criminal cases against & By the company -Very Competitive industry -Lot of Existing big playes

Mahesh Makwana Feb 23 2021 10:11:10 AM
Heranba Industries raises Rs 187.5 crore from anchor investors. The marquee anchor investors included Government Pension Fund Global, Jupiter India, Cohesion MK Best Ideas Sub-Trust, Dovetail India Fund, Societe Generale and Morgan Stanley. On the domestic front, HDFC Trustee Company, Max Life Insurance Company, IIFL Special Opportunities Fund and Emkay Emerging Stars Fund received shares in the anchor book.