Heranba Industries IPO
SEBI has given a green signal to agrochemical company, Heranba Industries Ltd., to launch IPO shares worth Rs 625 cores. The equity shares will launch in the fixed price band of Rs 626-627. The bidding window will open on February 23 for two days until February 25, 2021. Investors must apply for a minimum lot size of 23 shares and increase their bid size upto 13 lots or maximum investment amount of Rs 187,473.
Heranba Industries IPO
Heranba Industries
IPO Date : 23rd February 2021 - 25th February 2021
₹20/- For Intraday, F&O, Currencies & Commodities
Heranba Industries INFORMATION
Gujarat-based Heranba Industries Ltd. is a leading domestic player in the Indian agrochemical sector. The company produces synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, and more. Established in 1996, the firm has a long success record of providing innovative agrochemical products to farmers.
Heranba has three fully integrated modern manufacturing units in Vapi, Gujarat, with an in-house R&D facility, producing a range of crop protection and public health products. It covers the pan India market through a strong network of 8600 dealers and exports to 60 countries.
Competitive strength
- Established track record, dated back in 1996
- Well-diverse product portfolio including intermediates, formulations, and technical
- Domestic and global market reach
- Strong distributor network
- Experienced management, with a strong understanding of the Indian agrochemical market
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