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Heranba Industries Limited logo

Heranba Industries Limited IPO

Mainboard IPOListedHERANBANSE
Current Market Price (CMP)
₹147.26(-76.51%)
Current Price (CMP)
₹147.26(-76.51%)

Live Market Quote

Listing Price & Gain
₹900(+43.54%)

Day 1 Exchange Open

IPO Issue Price
₹627

Band: ₹626 - ₹627

Total Subscription
83.29x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
23 Feb 2021
IPO Bidding Closes
25 Feb 2021
Allotment & Refunds
Completed
Exchange Listing Day
05 Mar 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 83.29x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)67.45x
Non-Institutional Investors (NII / HNI)271.15x
Retail Individual Investors (RII)11.84x
Total Subscription83.29x
Updated as on 25-Feb-2021 17:00:00

Listing Day & Return Performance

Listing Day Gain+43.54%
₹627 (Issue) → ₹900 (List)
Per share profit: +₹273.00
Holding Return (Till Date)-76.51%
₹627 (Issue) → ₹147.26 (CMP)
Net gain per share: ₹-479.74
Post-Listing Performance (Listing Day → Today):-83.64%

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.

Frequently Asked Questions

What was the issue price or price band of Heranba Industries Limited IPO?
The issue price of Heranba Industries Limited IPO was fixed at ₹627 per equity share. The indicative bidding price band was ₹626 - ₹627.
What were the open, close, and listing dates for Heranba Industries Limited IPO?
Heranba Industries Limited IPO opened on 23 Feb 2021, closed on 25 Feb 2021, listed on 05 Mar 2021.
How much was Heranba Industries Limited IPO subscribed?
The IPO received an overall subscription of 83.29 times. Category-wise, QIBs subscribed 67.45x, NIIs subscribed 271.15x, and Retail investors subscribed 11.84x.
What was the listing price and listing gain of Heranba Industries Limited IPO?
Heranba Industries Limited IPO listed on the stock exchange at ₹900, delivering a listing gain of 43.54% compared to the IPO issue price of ₹627.
Is Heranba Industries Limited IPO a Mainboard or SME IPO?
Heranba Industries Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Heranba Industries Limited IPO since its IPO?
At the latest market quote of ₹147.26, Heranba Industries Limited IPO has generated an all-time return of -76.51% since its initial public offering.

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