Exchanges
BSE, NSE
Issue
Book building

Heranba Industries IPO

₹812.25

+29.55% on listing

Listing-day close · BSE · 5 Mar 2021 · issue price ₹627

Heranba Industries’ ₹625 crore IPO was priced at ₹627 a share. It listed on the BSE on 5 Mar 2021 and closed its first day at ₹812.25, up 29.55% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹625 Cr
Fresh issue
₹60 Cr
Offer for sale
₹565 Cr
Lot size
23 shares
Minimum investment
₹14,421
Face value
₹10
Registrar
Bigshare Services

Subscription

Heranba Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—57.49×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,049 Cr
Promoter holding
98.85% → 74.15%

From the offer documents.

Listing

Listing date
5 Mar 2021
Issue price
₹627
Open
₹900.00
High
₹944.95
Low
₹796.35
Close
₹812.25

Listing day on the BSE. The close was +29.55% on the issue price.

HERANBA share price today

FAQs

When did the Heranba Industries IPO open and close?

It opened on 23 Feb 2021 and closed on 25 Feb 2021.

What was the Heranba Industries IPO price?

The price band was ₹626–627 a share. The final issue price was ₹627.

What is the lot size and minimum investment?

One lot is 23 shares, ₹14,421 at ₹627 a share. Retail investors apply in whole lots.

How much did Heranba Industries raise?

₹625 crore: ₹60 crore of new shares and ₹565 crore offered by existing shareholders.

How many times was the Heranba Industries IPO subscribed?

57.49 times overall.

How did Heranba Industries list?

It listed on the BSE on 5 Mar 2021 at ₹900.00 and closed the day at ₹812.25, up 29.55% on the ₹627 issue price.

Who is the registrar of the Heranba Industries IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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