ListedMainboardHERANBA

Heranba Industries Limited

Heranba Industries Limited is a mainboard IPO raising ₹625 Cr at ₹626 – ₹627 a share. It listed on 5 Mar 2021 and trades at ₹179 today, −71.5% against its issue price of ₹627. It was subscribed 83× in total.

627
Issue price
179
Price now
−71.5%
Since issue price
5 Mar 2021
Listed on
83×Subscribed (final) · all exchanges

83.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
19,95,44813,45,88,15767×
Foreign Institutional Investorsno separate quota2,66,37,979n/a
Domestic Financial Institutionsno separate quota6,67,40,756n/a
Mutual fundsno separate quota52,22,449n/a
Othersno separate quota3,59,86,973n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
14,95,79140,55,88,923271×
Corporatesno separate quota6,29,25,240n/a
Individualsno separate quota32,30,16,485n/a
othersno separate quota1,96,47,198n/a
Retail
Ordinary investors bidding up to ₹2 lakh
34,90,1784,13,24,58312×
Cut Offno separate quota3,26,11,309n/a
Price bidsno separate quota87,13,274n/a
Total69,81,41758,15,01,66383×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:25 pm IST.

How demand built

We hold no subscription readings for this issue.