Heranba Industries IPO Allotment Status Online

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Heranba Industries IPO Details

Issue OpenFeb 23, 2021
Issue CloseFeb 25, 2021
IPO Price₹626 – ₹627
Face Value₹10
IPO Size₹625.24 Cr
Listing AtBSE, NSE
IPO Lot Size23

Heranba Industries IPO Schedule

  • Bid/Offer Opens On: Feb 23, 2021
  • Bid/Offer Closes On: Feb 25, 2021
  • Finalization of Basis of Allotment: Mar 2, 2021
  • Initiation of refunds: Mar 3, 2021
  • Credit of Equity Shares: Mar 4, 2021
  • Listing Date: Mar 5, 2021

Note: Registrar of the Heranba Industries IPO is responsible for IPO allotment and refund processing. Please contact the registrar with questions related to IPO Allotment Status Online. To understand the allocation of shares for Heranba Industries Limited IPO, check the Basis of Allotment document.Heranba Industries IPO Allotment Status

Heranba Industries IPO Allotment FAQs

  1. When is Heranba Industries IPO allotment expected?
    The Heranba Industries IPO allotment status will be available on Mar 2, 2021, as per the timeline provided in the red-herring prospectus.
  1. How to check Heranba Industries IPO Allotment Status?
    Below are the steps to check Heranba Industries IPO allotment status online:
    • Visit the Heranba Industries IPO allotment status page.
    • Click on the green Heranba Industries IPO Allotment Status.
    • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Heranba Industries IPO allotment status.
  2. What is the expected listing price of the Heranba Industries IPO?
    The expected listing price of Heranba Industries IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Heranba Industries IPO grey market premium gives some hint but the actual listing price is difficult to guess.
  3. Where to check Heranba Industries IPO allotment status?
    Heranba Industries IPO allotment status is expected on Mar 2, 2021. Click the green button Heranba Industries IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.
  4.  On what basis Heranba Industries IPO shares are allotted to retail investors?
    If Heranba Industries IPO oversubscribed in the retail category, the Heranba Industries IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
  5. When will Heranba Industries IPO get listed?
    The Heranba Industries IPO listing date is not available at this time. The Heranba Industries IPO is planned to list the shares on Mar 5, 2021, at BSE, NSE.
  6. Why I didn’t get allotment in Heranba Industries IPO?
    The reason you didn’t get the Heranba Industries IPO could be:
    • IPO become oversubscribed and allotment process is completed through a lottery
    • The IPO application got rejected due to mismatch/incomplete information
    • The issue price is higher than the bid price. (Always apply on cut-off price).
  7. When Heranba Industries IPO is coming?
    The Heranba Industries IPO will open for bidding on Feb 23, 2021. The IPO application closes on Feb 25, 2021.

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