Heranba Industries makes a bumper debut on stock exchanges shares soar 44% over the issue price band
Heranba Industries makes a bumper debut on stock exchanges shares soar 44% over the issue price band
Navdeep YadavMar 5, 2021, 10:11 IST
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The agrochemical company
Heranba Industries listed nearly 43.5% higher and was trading at ₹900 a piece, compared to the IPO issue price of ₹626-627.
The company s market value expanded to ₹3,678 crore after the listing.
Heranba is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permethrin, lambda-cyhalothrin.
Check out the latest news and updates on Business Insider.The agrochemical company Heranba Industries made a bumper debut on the bourses today. The share price of the Gujarat-based crop protection chemical manufacturer, exporter and marketer listed nearly 43.5% higher and was trading at ₹900 a piece, compared to the IPO issue price of ₹626-627.
India Business News: The Rs 625 crore issue was subscribed 83.29 times, with the quota for qualified institutional investors seeing bids for 67.45 times the quota limit an
India Business News: NEW DELHI: The share allocation of Gujarat-based crop protection chemicals manufacturer Heranba Industries will be finalised on Tuesday.
The basis of allotment for ₹525 crore initial public offering (IPO) of agrochemical company Heranba Industries will be announced today (March 2).The Gujarat-based
Heranba Industries IPO allotment status: Those who had bid for the issue can check allotment status on BSE and online portal of Bigshare Services, the registrar to the issue