Heranba Industries IPO Date – The Heranba Industries IPO open date is Feb 23, 2021, and the close date is Feb 25, 2021. The issue may list on Mar 5, 2021.
Heranba Industries IPO Promoters
The Promoters of this company are:
- Sadashiv K. Shetty.
- Raghuram K. Shetty.
Heranba Industries IPO Price Band – Heranba Industries has set the IPO price band in the range of Rs 626 to Rs 627.
Heranba Industries IPO Lot Size – The Heranba Industries IPO market lot size is 23 shares. A retail-individual investor can apply for up to 13 lots (299 shares or Rs 187,473).
Heranba Industries IPO Equity Size – Heranba Industries IPO is a public issue of 6,981,417 equity shares. The issue offers 3,490,178 shares to retail individual investors, 1,995,448 shares to qualified institutional buyers, 1,495,791 share to non-institutional investors.
Heranba Industries IPO Listing Date – Heranba Industries IPO Listing on 5 March on NSE and BSE.
Heranba Industries IPO Subscription – The Heranba Industries IPO is subscribed 83.29x times on Feb 25. The public issue subscribed 11.84x in the retail category, 67.45x in the QIB category, and 271.15x in the NII category
Heranba Industries IPO Allotment Status – These are the following ways to check the allotment status of IPO:
You can check your Demat account or ask your stockbroker. If the equity shares are credited into your Demat account then you have got the allotment. You can log in to your Bank Account to check if the amount is Debited or not or visit this link and select the IPO to check the Status. You can Click on Registrar Link and check the Allotment.
Heranba Industries IPO Financial Statements
|Particulars||For the year/period ended (Rs in millions)|
|Profit After Tax||663.11||977.50||754.02||468.76|
Objects of the Issue:
- To meet business working capital requirements.
- To meet general corporate purposes.
- To meet public issue expenses.
Heranba Industries IPO Grey Market Premium – Heranba Industries Limited shares were trading at a premium of Rs 120-125 per equity share in the grey market.
Heranba Industries IPO Listing Price – The company listed at Rs 900, which is over 40% premium to the issue price.