Heranba Industries IPO: Here is how to check share allotment status

Heranba Industries IPO: Here is how to check share allotment status
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  • The basis of allotment for ₹525 crore initial public offering (IPO) of agrochemical company Heranba Industries will be announced today (March 2).
  • The Gujarat-based company is a crop protection chemical manufacturer, exporter and marketer.
  • Here is how to check Heranba Industries IPO allotment status on the registrar website and stock-exchanges.
The basis of allotment for ₹525 crore initial public offering (IPO) of agrochemical company Heranba Industries will be announced today on March 2. The issue clocked in a strong response from investors — it was subscribed 88 times the offer value.

According to data from the stock-exchanges, the issue received bids for 58.15 crore equity shares against an offer size of 69.81 lakh shares.

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The Gujarat-based company is a crop protection chemical manufacturer, exporter and marketer. Heranba is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permethrin, lambda-cyhalothrin.

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Heranba Industries IPOQualified Institutional BuyerNon-institutional InvestorRetail Individual InvestorTotal
No. of times issue subscribed 67.45x271.15x11.84x83.29x

However, after this stellar response that Heranba Industries IPO has garnered, one thing is certain — not all investors will get the same amount of shares that they had subscribed for.

Here is how to check Heranba Industries IPO allotment status:

If you subscribed to the Heranba Industries IPO, you could check your allotment status by following these simple steps:

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To check on the stock-exchange website:
  • To check Heranba Industries IPO allotment status, go to the BSE website or NSE website here.
  • On BSE, Select ‘Equity’ and then from the dropdown, select ‘Heranba Industries’.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.
Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Bigshare Services) to check your application status.
  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on ‘Heranba Industries’. It will only appear post allotment on February 23.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.
Once you hit ‘submit’ the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

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