Heranba Industries Limited
23 Feb 2021 – 25 Feb 2021
LISTED
Offer Price
₹626–627
Bid lot
23
Min Application
₹14,421
Issue Size
₹625 Cr
Key dates
Open date
23 Feb 2021
Done
Close date
25 Feb 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
05 Mar 2021
Today
Issue reservation
₹625 CrQIB 50%Retail 35%
QIB
49.8 L sh · ₹312.50 Cr
Retail
34.9 L sh · ₹218.75 Cr
BRLM: Emkay Global Financial Services Limited · Batlivala & Karani Securities India Private Limited
Lot ladder — how much to bid
1 lot = 23 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
23 sh · ₹14,421
Max · 13 lots
299 sh · ₹1,87,473
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
322 sh · ₹2,01,894
Max · 69 lots
1,587 sh · ₹9,95,049
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,610 sh · ₹10,09,470
Entry point
₹10,09,470 onward
Issue details
Lead managersEmkay Global Financial Services Limited, Batlivala & Karani Securities India Private Limited
Face value₹10
Listing onNSE
RegistrarBigshare Services Private Limited
Live subscription
44.55×
0×1×2×3×+
Oversubscribed
Book₹531.25 Cr
Subscribed₹23,668 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 49,84,051₹312.50 Cr | 33,61,74,240₹21,078 Cr | 67.45× |
| HNI | 14,95,215₹93.75 Cr | 40,54,27,629₹25,420 Cr | 271.15× |
| Retail | 34,88,836₹218.75 Cr | 4,13,07,815₹2,590 Cr | 11.84× |
| Total | 84,72,887₹531.25 Cr | 37,74,82,055₹23,668 Cr | 44.55× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 21,078.12 |
| HNI | 25,420.31 |
| Retail | 2,590.00 |
| Total | 23,668.12 |
Amounts at the upper band (₹627). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Heranba Industries Limited IPO?
One lot of 23 shares — ₹14,421 at the upper price band of ₹627.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-03-05 on NSE.