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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹626 – ₹627
Cut-off price₹627
Issue size₹625 Cr
Shares per lot23
Minimum application₹14,421
Minimum quantity23
Face value₹10
Listing exchanges—
ISININE694N01015
Bidding hours10:00 – 17:00 IST
Bidding window23 Feb 2021 – 25 Feb 2021
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.