Heranba Industries Ltd

Emkay Global Financial Services Ltd

Initial public offering of 99,71,937 equity shares of face value of Rs. 10.00 each of Heranba Industries Limited (The company or The Issuer) for cash at a price of Rs. 627 per equity share (offer price) (including a share premium of Rs. 617 per equity share) agregating to Rs. 625.24 crores (the offer) comprising a fresh issue of 9,56,937 equity shares aggregating to Rs. 60.00 crores (fresh issue) and an offer for sale of 90,15,000 equity shares comprising 58,50,000 equity shares by, Sadashiv K. Shetty, up to 22,72,038 equity Shares, by Raghuram K. Shetty, 8,12,962 equity shares, by Sams Industries Limited, 40,000 equity shares by Babu K. Shetty, 40,000 equity shares and by Vittala K. Bhandary (collectively, The selling shareholders) aggregating to Rs. 565.24 crores (offer for sale) of the offer. The offer will constitute 24.92%, of the post offer paid up equity share capital of the company.The face value of the equity shares is Rs.10 each and the offer price Rs.627 is 62.7 times of the face value.

  • Issue

    • Opens On23 Feb 2021
    • Closes On25 Feb 2021
  • Money Payable On

    • Application627
    • Allotment0
  • Project Cost (Cr.)60
  • Post Issue Equity Share Capital (Cr.)40.01
  • Issue Price (D)627

Further Multiples of: 23

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    Plot No 1504/1505/1506/1 GIDC Phase-III Vapi Valsad

    Gujarat- 396195

    Phone - 91-260-2401646

    Fax -

    Email - compliance@heranba.com

    Website - www.heranba.co.in

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