
Heranba Industries Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹626 - ₹627
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Heranba Industries Limited IPO
Heranba Industries Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 23 Feb 2021 and concluded on 25 Feb 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹626 - ₹627.
During the bidding window, Heranba Industries Limited witnessed heavy demand with an overall subscription of 83.29 times. Institutional investors (QIB) subscribed 67.45x, non-institutional high-net-worth investors (NII) subscribed 271.15x, and retail individual investors (RII) bid 11.84x their reserved quota.
The equity shares of Heranba Industries Limited officially debuted on the stock exchanges on 05 Mar 2021 at an opening listing price of ₹900, delivering a listing day return of +43.54% (premium) over the final issue price. As per the latest market data, the stock trades at ₹147.26, representing an overall decline of -76.51% since its IPO allotment.