Heranba Industries are a crop protection chemical manufacturer, exporter
and marketing company based out of Vapi, Gujarat. Company manufactures
intermediates, technicals and formulations.. Company return ratios are superior
to peers (ROE is above 30%). Company has a strong financial position and has
been generating positive cash flow. We expect a good listing for the Company.
We are positive on the long-term prospects of the Company, we recommend
“SUBSCRIBE” to the Heranba Industries IPO for long term as well as for
listing gains.

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