31 Mar 2018
Assets450.47
Total Income750.41
EBITDA93.13
Profit After Tax46.88
NET Worth157.32
Reserves and Surplus149.51
Total Borrowing75.99
At a glance
Updated 2026-08-23The shares listed at ₹900.00, a 43.54% move from the issue price. Heranba Industries Limited is a Mainboard IPO with an issue size of ₹625.24 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Feb 2021 and closes on 25th Feb 2021. The issue structure includes a fresh issue of ₹60.00 crore and an offer-for-sale component of ₹565.24 crore. The current listing schedule points to 5th Mar 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹625.24 Cr
Fresh issue₹60.00 Cr
Offer for sale₹565.24 Cr
Face value₹10
Price band₹626.00–₹627.00
Allotment2nd Mar 2021
Listing5th Mar 2021
Listing performance
Full performance ↗Issue price₹627.00
Listing price₹900.00
Current price—
Listing gain43.54%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹270.00
GMP / upper price43.06%
Est. listing₹897.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Feb 2021
Closes25th Feb 2021
Allotment2nd Mar 2021
Refund3rd Mar 2021
Demat4th Mar 2021
Listing5th Mar 2021
Subscription demand
Full bidding ↗Total83.29×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 23 | ₹14,421 |
Company
Incorporated1992
Use of proceeds
| Object | Amount |
|---|---|
| To fund working capital requirements | ₹50.00 Cr |
| General corporate purposes | ₹7.48 Cr |
Financials
Full financials ↗31 Mar 2019
Assets560.44
Total Income1,011.84
EBITDA138.81
Profit After Tax75.40
NET Worth228.18
Reserves and Surplus189.12
Total Borrowing49.87
31 Mar 2020
Assets624.76
Total Income967.91
EBITDA145.88
Profit After Tax97.75
NET Worth320.85
Reserves and Surplus281.79
Total Borrowing43.08
30 Sep 2020
Assets788.12
Total Income619.21
EBITDA100.14
Profit After Tax66.31
NET Worth381.26
Reserves and Surplus342.20
Total Borrowing38.02
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 13.87 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 5.16 |
| 3 | Fees payable to the Registrar to the Offer | 0.54 |
| 4 | Fees payable to the other advisors to the Offer | 0.5 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 2.25 |
| 6 | Printing and stationery | 1.42 |
| 7 | Advertising and marketing expenses | 1.54 |
| 8 | Fee payable to legal counsels | 0.47 |
| 9 | Miscellaneous | 0.5 |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Managers’ fees | ₹13.87 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹5.16 Cr |
| Fees payable to the Registrar to the Offer | ₹0.54 Cr |
| Fees payable to the other advisors to the Offer | ₹0.50 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹2.25 Cr |
| Printing and stationery | ₹1.42 Cr |
| Advertising and marketing expenses | ₹1.54 Cr |
| Fee payable to legal counsels | ₹0.47 Cr |
| Miscellaneous | ₹0.50 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Batlivala & Karani Securities...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.