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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 and the retail quota 11.84 times the limit. The HNI quota saw 271.15 times subscription. ....
Heranba Industries will finalise the share allotment of its Rs 625-crore initial public offer (IPO) on Tuesday. The IPO, which was open for bidding for three days from February 23 to 25. Heranba Industries is Gujarat-based crop protection chemicals manufacturer.