Heranba Industries IPO Closed

An Indian agrochemical manufacturer & exporter is going public.

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Date 23 Feb 2021 – 25 Feb 2021
Price range 626 – 627
Minimum order quantity 23
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Heranba Industries is an agrochemical company that manufactures insecticides and chemicals that foster plant growth. The public offer comprises a fresh issue of equity shares worth Rs. 60 crores and an offer for sale of around 90 lakhs shares valuing the issue at around Rs. 625 crores.

Check out some recent financials figures of the company:

Financial Year Ended   Revenue (₹ Millions) Profit After Tax (₹ Millions) EPS (₹)
March 2018 7,504.10  468.76 12.00 
March 2019 10,118.38 754.02 19.31
March 2020 9,679.06 977.50 25.03
For six months ended September 30, 2019 5,022.33 532.43 13.63
For six months ended September 30, 2020 6,192.11 663.11 16.98

How do I apply for the Heranba IPO?

You can apply for the Heranba IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.