MARKET CLOSED
Heranba Industries Limited
mainboardlistedRegistrar: Bigshare Services Private Limited. · Listing 2021-03-05
IPO Timeline
Today · 20 Oct 2026
Opens
23 Feb 2021
Closes
25 Feb 2021
Allotment
25 Feb 2021
Refund
03 Mar 2021
Demat
02 Mar 2021
Listing
05 Mar 2021
Price Band
₹626–627
GMP
₹0
0%
Lot Size
23 Shares
Min ₹14,421
Subscription
0x
Issue Size
₹625.24 Cr
Open
2021-02-23
Close
2021-02-25
Listing
2021-03-05
About the company
Heranba Industries is a crop protection chemical manufacturer, exporter, and marketer based in Vapi, Gujarat. It is one of the leading domestic producers of synthetic pyrethroids. Their range of pesticides includes insecticides, herbicides, fungicides, and public health products for pest control.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
Current Status · as of 20 Oct 2026
Listed
Listed on 05 Mar 2021
IPO Opens
Completed23 Feb 2021Bidding starts for all investor categories
IPO Closes
Completed25 Feb 2021Last day to place your bid
Basis of Allotment
Completed25 Feb 2021Share allotment finalised
Refund Initiation
Completed03 Mar 2021Refunds credited for non-allottees
Credit to Demat
Completed02 Mar 2021Allotted shares credited to demat account
Listing on Exchange
Completed05 Mar 2021Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
Lot Size
23 shares
Price / Share (upper)
₹627
Min Investment (1 lot)
₹14,421
Price Band
₹626–627
Retail
≤ ₹2,00,000
Min lots
1
Min shares
23
Min amount
₹14,421
Max amount
₹187,473
sHNI (Small HNI)
₹2L – ₹10L
Min lots
14
Min shares
322
Min amount
₹201,894
Max amount
₹995,049
bHNI (Big HNI)
> ₹10L
Min lots
70
Min shares
1610
Min amount
₹1,009,470
Max amount
₹1,081,575
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 23 | ₹14,421 | 13 | ₹187,473 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 322 | ₹201,894 | 69 | ₹995,049 | ₹2L – ₹10L |
| bHNI (Big HNI) | 70 | 1610 | ₹1,009,470 | 75 | ₹1,081,575 | > ₹10L |
Shares reserved per category & allotment probability
QIB
100% allotment
Reservation
50%
Amount
₹312.62 Cr
Shares offered
4,989,944
Shares bid
0
Subscribed
0.00x
NII
100% allotment
Reservation
15%
Amount
₹93.79 Cr
Shares offered
1,496,983
Shares bid
0
Subscribed
0.00x
Retail
100% allotment
Reservation
35%
Amount
₹218.83 Cr
Shares offered
3,492,961
Shares bid
0
Subscribed
0.00x
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 4,989,944 | 312.62 | 0 | 0.00x | 100% |
| NII | 15% | 1,496,983 | 93.79 | 0 | 0.00x | 100% |
| Retail | 35% | 3,492,961 | 218.83 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
