Why should you go for Heranba Industries Ltd IPO?

February 22, 2021 . Manas muraleedharan

Unless you’re living under a rock, you must have heard the news of Heranba Industries Ltd that starts on Feb 23, 2021!

Let us give you a few pointers as to why you should invest in RailTel.

  • Heranba Industries is a leading company in the agrochemical domain. With a mission to improve Crop Productivity and Public Health, Heranba manufactures Synthetic Pyrethroids and its intermediates. 
  • Owns three independent manufacturing units in the industrial belt of Vapi, Gujarat. 
  • Produces a variety of insecticides, herbicides and fungicides. With domestic production facilities, it has scored a global market for its products. 
  • The ISO 9001:2015 Certified Plant ensures products of the highest quality. 
  • Heranba is also a proud recipient of Overseas Market Expansion Award, 2018, Rashtriya Udyog Ratan Award, and Outstanding Performance in Export Business Award by International Crop Science Conference & Exhibition.

Competitive Strengths

  • More than 100 brands in 20 potential states in India
  • International Presence
  • State-of-the-art R&D facility

Company Financials:

ParticularsFor the year/period ended 30-Sept-20 (₹ in million)
For the year/period ended 31-Mar-20 (₹ in million)
For the year/period ended 31-Mar-19 (₹ in million)
For the year/period ended 31-Mar-18 (₹ in million)

Total Assets

Total Revenue

Profit After Tax

IPO Details

IPO DateFeb 23, 2021 – Feb 25, 2021

Issue Type

Book Built Issue IPO

Issue Size

Equity Shares of ₹10 (aggregating up to ₹625.24 Cr)

Offer for Sale

9,015,000 Equity Shares of ₹10

Face Value

₹10 per equity share

IPO Price

₹626 to ₹627 per equity share

Market Lot


Minimum Order Quantity


Listing at

ApplicationLotsSharesAmount (Cut-off)




₹ 14,421




₹ 1,87,473

So what are you waiting for? Invest and own a part of 1 of India’s Agrochemical Giants!

How to buy IPO?
Click here for a detailed guide on how to buy IPO.

Get FundsIndia’s articles delivered straight to your inbox!

Enter your email address to get:

  • Mutual fund recommendations from experts
  • Buy, hold or sell calls for stocks
  • Investment tips and tricks
  • All the latest news from