IPO DETAILS : Heranba Industries Ltd.


101 / 102, Kanchanganga, Factory Lane, Borivali - West, Mumbai, Maharashtra - 400092
Phone: 28987912

Public Issue of 9971937 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 617.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
23/02/202125/02/2021627.00 -
Lead Managers Registrar Listed at
BATLIVALA & KARANI SECURITIES INDIA PRIVATE LIMITE
EMKAY GLOBAL FINANCIAL SERVICES LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 40430200 Fax: 28475207
BSE
NSE
Object of the issue

Offer for Sale

The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate 90,15,000 of Equity Shares subject
to finalization of Basis of Allotment held by them. the Company will not receive any proceeds from the Offer for Sale.

Fresh Issue

The net proceeds of the Fresh Issue, i.e. gross proceeds of the Fresh Issue less the Offer expenses apportioned to the
Company (“Net Proceeds”) are proposed to be utilised in the following manner:

1. To fund working capital requirements
2. To fund expenditures towards general corporate purposes.

Promoted by

The Promoters of the Company are :

1. Sadashiv K. Shetty
2. Raghuram K. Shetty

1. Mr. Sadashiv K. Shetty : Sadashiv K. Shetty, aged 66 years, is the Promoter, Chairman and Executive Director of the Company. He is a resident Indian national. He holds a bachelor’s (physics and chemistry) and master’s (chemistry) degree in science from University of Mysore. He has experience of more than three (3) decades in agrochemicals industry. He has been on the Board since September 29, 1994. He has been and is responsible for the overall supervision, direction and management of the Company. He is fully involved in day to day affairs of the Company and future business strategies. He has been instrumental in new products development and addition of capacities. He has been previously associated with Sudarshan Chemical Limited, Gharda Chemical Limited, Hoechst Pharmaceuticals and Nirlon Limited.

PAN No: AAJPS4330G
Aadhaar No: 937511907455

2. Mr. Raghuram K. Shetty : Raghuram K. Shetty, aged 61 years, is the Promoter and Managing Director of the Company. He is a resident Indian national. He holds a bachelor’s degree in economics from University of Mysore. He has pursued government commercial diploma from the Department of Education, Bureau of Government Examinations, Maharashtra. He has also done diploma in export and import management from the India International Trade Centre, Mumbai. He has experience of more than three (3) decades in agrochemicals industry. He has been on the Board since September 29, 1994 and has been instrumental in developing export business of the Company

PAN No: AMWPS0596B
Aadhaar No: 937203543699
Driving License: MH0220100130712