Heranba IPO opens today: Should you subscribe to the issue?
The basis of share allotment is expected to be finalised on March 2 and shares are likely to be credited to Demat accounts of investors on March 4. Equity shares are proposed to be listed on BSE and National Stock Exchange
BusinessToday.In | February 23, 2021 | Updated 12:33 IST
Emkay Global Financial Services and Batlivala & Karani Securities India are the book running lead managers to the IPO while Bigshare Services is the registrar of the issue
The Rs 625-crore initial public offering (IPO) of Heranba Industries opened for subscription on Tuesday, February 23, 2021, at a price band of Rs 626-627 per share. The issue closes on Thursday, February 25, 2021.
Heranba IPO: Heranba Industries IPO kicks off: Here is how 7 brokerages view the issue indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Markets lost considerable ground yet again on Monday after a weak start and extended their losing run to the fifth day. Weak global cues, rising bond yields, amid fears of Covid-19-led lockdown came to haunt the bulls on the Street. Meanwhile, elevated oil prices and stretched valuations also concerned investors as most chose to take the profit off the table and stay on the sidelines following a secular rally in the benchmark in nearly one year. The BSE barometer Sensex plunged 1,145 points or 2.25 per cent to give up the 50,000 mark and ended at 49,744. Its NSE counterpart Nifty slipped 306 points or 2.04 per cent to 14,676.
Read more about Global trends to guide markets; indices may remain range-bound: Analysts on Business Standard. Markets had registered sharp gains post the Union Budget, but last week profit-taking was witnessed