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Heranba Industries Limited IPO Message Board (Page 21)

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-120. Eagleye |   Link |  Bookmark | February 13, 2021 8:17:42 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Heranba Industries IPO – Schedule *(FINAL – Pg #323 of RHP)*

18th Feb – Announcement of Price Band
22nd Feb – Anchor Investors Allotment
23rd Feb – Offer Opens
25th Feb – Offer Closes
02nd Mar – Finalisation of Basis of Allotment
03rd Mar – Unblocking of ASBA Accounts
04th Mar – Credit of Equity Shares to Depository Accounts
05th Mar – Commencement of Trading


Heranba Industries IPO – Issue Information *(TENTATIVE)*

Issue Opens on: 23 February 2021
Issue Closes on: 25 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,00,15,000 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.590 – Rs.600 Share *(TENTATIVE)*
Discount: NIL
Market Lot: 25 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,90,56,530 Shares
Fresh Issue of 10,00,000 Shares @600/- = Rs.60.00Crs
Offer for Sale of 90,15,000 Shares @600/- = Rs.540.90Crs
Equity Shares outstanding after the Issue = 4,00,56,530 Shares

Category-wise Break up:
Anchor – 30,04,500 Shares = 180.27Crs
QIB – 20,03,000 Shares = 120.18Crs
NII – 15,02,250 Shares = 90.14Crs
RII – 35,05,250 Shares = 210.32Crs (Lot size: 25 = 1,40,210 Forms)
Total Issue – 100,15,000 Shares = 600.90Crs.
Issue Size = 25% of Post Issue Equity

Subscription required for 1X
RII = 1,40,210 Forms
NII = 90.14Crs


Heranba Industries IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated February 10, 2021 (383 pages)

EPS for FY17-18 >>> Rs.12.00 (Page #96 of RHP)
EPS for FY18-19 >>> Rs.19.31 (Page #96 of RHP)
EPS for FY19-20 >>> Rs.25.03 (Page #96 of RHP)
EPS for H120-21 >>> Rs.16.98 (Page #96 of RHP)

RoNW for FY17-18 >>> 29.80% (Page #97 of RHP)
RoNW for FY18-19 >>> 33.05% (Page #97 of RHP)
RoNW for FY19-20 >>> 30.47% (Page #97 of RHP)
RoNW for H120-21 >>> 17.39% (Page #97 of RHP)

NAV as on September 30, 2020 was Rs.97.62 (Page #97 of RHP)

Listed Industry Peer Group (Page #97 of RHP): Rallis India, Sumitomo Chemical India, Bharat Rasayan, Punjab Chemicals and Crop Protection
-120.1. Bala murali |   Link |  Bookmark | February 13, 2021 10:10:12 AM
if this is the final issue price then valuations are very much attractive.
Issue price at 17 PE to FY21 EPS, which is lowest among the peers mentioned in the RHP
-120.2. jajo |   Link |  Bookmark | February 13, 2021 9:51:59 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
@Eagleye Mam, Thank you for the information
-121. Chaheta |   Link |  Bookmark | February 12, 2021 10:33:21 PM
The war is getting complicated.This seems to be the new agenda of IPO companies.
** New members induced in famous IPO forms to influence investors. These members try to promote the company and sell it in brand new colors.**

God forbid, when this present rally bubble will burst, many people will be gone from these forms.
Exactly "Jaisey gadhey ke sar sey seeng"

People, please be ware of the comments, speculations and suggestions from ALL MEMBERS, be it New members or Old Gurus. It''s your money, you are responsible for it.

"Suno sabki par karo apney mann ki"
-121.1. Bishnoi |   Link |  Bookmark | February 13, 2021 2:38:54 PM
I 100% agree ! Capital is more important and returns, no capital no returns, do your own research
-122. BK Prajapati |   Link |  Bookmark | February 12, 2021 8:35:51 PM
Railtels blocked amount wl be release at the rime of heranba..... wl have less fund problems for appliers...
-123. NforNandkishor |   Link |  Bookmark | February 12, 2021 5:52:34 PM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
It''s RHP has been uploaded in NSE website. 23 Feb Dates Confirmed
-124. NforNandkishor |   Link |  Bookmark | February 11, 2021 5:40:30 PM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
Itna sara ipo aa raha hai. Lagta hai winter end sale chal raha hai.

Irfc k baad railtel mein apply karne ka mann nahi kar raha hai. Price band bhi 80 k expectations se bad kar 94 ho gaya. Yaha par 17% price bada diya. Greedy promoters, acche dinn aa gaye.

Nureca mein apply karu ya lottery ka ticket katu samajh mein nahi aa raha hai

Heranba ka price 710 rs k aas pass rahna chahiye. Aab yaha bhi promoters greedy ho gaye to gai bhesh pani mein.
-124.4. techuser |   Link |  Bookmark | February 12, 2021 3:01:50 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
@NandKishor ji, yeah lots hope for the best. It''s all about fancy and buzz, after looking at the listing of Indigo/StoveKraft, we could even get more than 10 Rs if "they" want.
-124.5. NforNandkishor |   Link |  Bookmark | February 12, 2021 5:40:09 PM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
@techuser
You are correct. GMP of railtel is unexpectedly rising from 35 to 62!

Stovekraft and hffc gave 20% listening gain after much negativity in the market
-125. NforNandkishor |   Link |  Bookmark | February 12, 2021 4:57:28 PM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
@All Experts
I have a question
Suryoday SFB filed Addendum to DRHP on 8 Feb. Does this requires Sebi approval/nod ?
-126. NforNandkishor |   Link |  Bookmark | February 12, 2021 12:56:07 PM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
My SIP in a mutual fund is deducted on every 5th day. Earlier it was processed on the same day.

This month my bank account was debited on 5th Feb(Friday) but the units were allotted on 10th Feb Nav. This is due to SEBI new rules applicable from 01-Feb-2021.

Even the debt mutual funds investment with upi transaction are allotted after a delay of 1-2 working days. Loss of interest due to system delay is now the loss of investors.

Hats off to Ache dinn for AMC companies.
-127. Bala murali |   Link |  Bookmark | February 12, 2021 12:45:53 PM
Heranba valuations 28 PE seems to be very attarctive at issue price of 711 and FY20 EPS 25.03.

I hope H1FY21 EPS will be better than FY20, If we calculate with H1FY21 EPS then valuations of this company could be the lowest as compared to peers.
-127.1. Bishnoi |   Link |  Bookmark | February 12, 2021 12:52:16 PM
Can you share the official announcement of price band as I am not able to find the same, lets wait for the official news
-128. Vijay Panchal |   Link |  Bookmark | February 12, 2021 7:55:45 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Hello Team,

Please share your views on this ? GMP please
-129. RAJAKUMAR |   Link |  Bookmark | February 11, 2021 11:58:53 PM (1400+ Posts, 1200+ Likes)
It is 700 Cr ipo
Another Chemical industry.
First Look good,
wait for gmp and Qib subscription.
-129.1. KrishnaTwentyFour |   Link |  Bookmark | February 12, 2021 7:17:21 AM
Yes Sir,,, chemical is promising sector in market...good company...will wait for subscription numbers and then decide...
-130. VINOD JAIN NICKY |   Link |  Bookmark | February 10, 2021 9:23:56 PM
it may be declared as SME ISSUE.
-130.2. Bishnoi |   Link |  Bookmark | February 11, 2021 1:07:18 PM
PLEASE CHECK SEBI WEBSITE, ITS A MAIN BOARD IPO DEAR
-130.3. kishenharendra |   Link |  Bookmark | February 11, 2021 4:18:32 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
This is a 700cr IPO...why will it be in SME?
-131. KrishnaTwentyFour |   Link |  Bookmark | February 11, 2021 2:05:47 PM
Issue size is decent...but LM point of view why there is no any big names handling this issue???

Will only apply on last day if subscription numbers are good...
-131.1. Eagleye |   Link |  Bookmark | February 11, 2021 3:20:18 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
GMP is NIL
-132. NforNandkishor |   Link |  Bookmark | February 11, 2021 10:40:12 AM
IPO Mentor IPO Mentor (600+ Posts, 800 Likes)
@admin
Dates officially announced?
-133. P Patel |   Link |  Bookmark | February 11, 2021 9:24:27 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Heranba Industries launch Rs 700-crore IPO. IPO would be a combination of fresh equity of Rs 60 crore and an offer for sale by promoters and other shareholders

Gujarat-based Heranba, having three manufacturing plants in and around Vapi in Gujarat with corporate office in Mumbai, is a crop protection chemical manufacturer, exporter, and marketing company.

It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc.

The pesticides range includes insecticides, herbicides, fungicides, and public health products for pest control. Heranba Industries also exports its products to more than 60 countries.
-134. PearlRohit |   Link |  Bookmark | February 11, 2021 9:00:32 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Heranba Industries issue is Very Well. Promoter is Well Experience Person. Listing Gain 100% Sure. Rare Allotment Change, Because IPO Size is Very Small.
-135. All Time High |   Link |  Bookmark | February 11, 2021 8:35:26 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Dear Eagleye!
I am always looking for your update.....
-136. Sougata Mukherjee |   Link |  Bookmark | February 10, 2021 8:28:21 PM
Small issue. Only 60 cr.
-136.1. sonal patel |   Link |  Bookmark | February 11, 2021 6:48:51 AM
IPO Guru IPO Guru (1500+ Posts, 5700+ Likes)
Who say small ipo..
Ipo size around 700 crore..
60 crore is only fresh issue.
So please read and after post comments
-136.2. SPR |   Link |  Bookmark | February 11, 2021 7:42:44 AM
Sonal ji ur view on this ipo pls....
-137. Ankit R patel |   Link |  Bookmark | February 11, 2021 5:16:10 AM
Another small company...and lottery candidate...crop protection chemicals are favourable for investors
-138. KING VINOD |   Link |  Bookmark | February 10, 2021 7:37:45 PM
IPO Guru IPO Guru (2400+ Posts, 5100+ Likes)
HOS
Heranba IPO
Feb 22 to 24 (Tentative)
-139. RaviKumar Gudapati |   Link |  Bookmark | February 10, 2021 2:53:23 PM
Hello all,

Any one aware of IPO starting date and closing date and issue price Tentatively

Ravi Kumar Gudapati