Heranba Industries Limited IPO Message Board (Page 8)

Very Poor Response why????

Generally 1st 2 days retails response matters most. Last day belong to hni qib. So tomorrow will get actual response. So wait n watch.

Retail

20X

NII

Atleast 36X

QIB

27X

ભાઈ આ Ipo કેવો સારો to છે ને???
કેટલા malse સોનલ બેન જો લાગી જાય તો ???
Pls suggest me...

Exports are 50%
Looks niche player in this sector but of small base.
Looks good for listing as well as for long term.

Yes ipo is good
Apply for listing gain and also for long term
Gmp is 140 - 145 rs

Gmp watchers
130-150

Can this will do rossari.
Will know in coming days.

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 *(FINAL)*

Issue Opens on: 23 February 2021
Issue Closes on: 25 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 99,71,937 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.626 – Rs.627 Share
Discount: NIL
Market Lot: 23 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,90,56,530 Shares
Fresh Issue of 9,56,937 Shares @627/- = Rs.60.00Crs
Offer for Sale of 90,15,000 Shares @627/- = Rs.565.240Crs
Equity Shares outstanding after the Issue = 4,00,13,467 Shares

Category-wise Break up:
Anchor – 29,91,581 Shares = 187.57Crs
QIB – 19,94,387 Shares = 125.05Crs
NII – 14,95,791 Shares = 93.79Crs
RII – 34,90,178 Shares = 218.83Crs (Lot size: 23 = 1,51,747 Forms)
Total Issue – 99,71,937Shares = 625.24Crs.

Subscription required for 1X
RII = 1,51,747 Forms
NII = 93.79Crs


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


Heranba Industries IPO – *Market’s Current Estimates of oversubscription*:

NII = 17K Crs. = ~181.26X
RII = 20L Forms = 13.18X Applic. wise (Avg allotment of ~1.75 shares per lot)

Interest cost *@7.00%p.a.* for 7days = *84.17paise for 1X*

Thus, for NII the costing = 181.26 X 84.17paise = Rs.152.57 per share (= GMP)

And, for RII the costing = 107.70 X 1.75 = Rs.266/- (= Kostak)


Heranba Industries IPO – *GMP Estimated*
GMP 152 +/- 1
Kostak 265 +/- 10
Subject 2 @3,000/-

If NII costing and GMP are the same then whats the point of applying?

And as of now the GMP is not more than 110.

Its a big risky game looking at ur calculations.

I THINK TOMORROW RESPONSE WILL COME

kal dhamaka hoga - aaj railtel paisa unblock ho gaya hai - 150 lot lagaya toh allotment milega guys?

MTAR Technologies Ltd IPO.
Approx 660 Crores.
Fresh issue 40 Lakh Shares & OFS 82 Lakh Shares.
Tentative Dates 03 - 05 March.
Iam Expecting price band around 580

Pre-ipo done @ 540/- per share.
Expected issue price around 580 to 590

GMP
HERANBA 110/-
Railtel 15/-to17/-

Owls eye gave me your application at GMP 10

Railtel around 14.

10 rate is nowhere.

Very Poor Response?
Any reason if someone can give bullet points

MTAR IPO

Opens : 3rd March
Closes : 5th March

MTAR Technologies Ltd IPO
Approx 660 Crores.
Fresh issue 40 Lakh Shares & OFS 82 Lakh Shares.
Tentative Dates 03 - 05 march
Basis of allotment mar 10, 2021
Initiation of refunds mar 11, 2021
Credit of share to demat account mar 12, 2021
Ipo listing date mar 15, 2021

Expected Price Band 580 - 585
Lot size - 25 share

Issue price band shall be 535-540

Expected price band 580 to 600

Dear Lekkar
Apply
Yesterday Nureca fund released, today Rail fund to be released.
Today onwards retail pick up.
Jain Factor so retail will be 12 to 15 times,
GMP still trading above 100 .

#BreakingNews | NSE ने कैश मार्केट 11:40 पर बंद किया, नया समय थोड़ी देर में बताएंगे

"Some technical glitch"

Latest GMP Plz

113-115 rs gmp..

In which category will it be listed? B or T? Where to check?

Heranba Industries:
Good company..... crop protection chemical.... good distribution network.... diversified product portfolio... well presence in domestic as well as international market... posted excellent growth and financials.... bright future of this sector.... market at ATH.... reasonable valuation.... high liquidity in market.....although some cons will be there but it will also be a good bet in present IPO boom.....
So already applied single lot per application for listing gain as well as long term prospectus....

NSE Market to open at 3:45 pm
End Time: 5pm fwd

Gmp plz market 300+

NSE extends trading time till 5PM

Moneycontrol

Came to know that power circuit break at NSE server block , links redirected to Kolkata servers , there technical glitches in kolkata servers , professionals trying to redirect to Chennai servers taking time never done this before by NSE

But Chennai servers are advanced mechanism

OPTIONS WRITERS ENJOY FREE PARTY

NSE will pay 3 hours theta premium to Option Sellers where as Option Buyers will get back their Premium as Subsidy directly to their Bank account?

One other better option is that expiry date of all the derivative contract expiring tomorrow should be extended by 1 day i.e. expiry on 26-02-2021 instead of 25-02-2021