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:
| Particulars | For 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 | 7881 | 6247 | 5604 | 4504 |
Total Revenue | 6192 | 9679 | 10118 | 7504 |
Profit After Tax | 663 | 977 | 754 | 468 |
IPO Details
| IPO Date | Feb 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 | 23 shares |
Minimum Order Quantity | 23 shares |
Listing at | BSE, NSE |
| Application | Lots | Shares | Amount (Cut-off) |
Minimum | 1 | 23 | ₹ 14,421 |
Maximum | 13 | 299 | ₹ 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.
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