Company Profile

Heranba Industries is currently trading at Rs. 378.40, up by 0.20 points or 0.05% from its previous closing of Rs. 378.20 on the BSE.

The scrip opened at Rs. 377.00 and has touched a high and low of Rs. 380.40 and Rs. 374.05 respectively. So far 5903 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.00 on 25-Jan-2023 and a 52 week low of Rs. 265.00 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 393.35 and Rs. 369.70 respectively. The current market cap of the company is Rs. 1514.11 crore.

The promoters holding in the company stood at 74.94%, while Institutions and Non-Institutions held 0.23% and 24.83% respectively.

Heranba Industries’ wholly owned subsidiary -- Mikusu India has acquired 104,499 equity shares (i.e 1.74% of the equity and voting share capital) of Daikaffil Chemicals India. As on date, the total holding of Mikusu India is 21,59,019 constituting 35.98% of the equity and voting share capital of the target company. 

Heranba Industries is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation.

Heranba Industries’ wholly owned subsidiary -- Mikusu India has acquired 104,499 equity shares (i.e 1.74% of the equity and voting share capital) of Daikaffil Chemicals India. As on date, the total holding of Mikusu India is 21,59,019 constituting 35.98% of the equity and voting share capital of the target company. 

Heranba Industries is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation.

Heranba Industries through its wholly owned subsidiary Mikusu India has entered into a definitive Share Purchase Agreement (SPA) for acquisition of 29,09,719 fully paid up equity shares of Rs 10 each, constituting 48.49% of the paid up equity share capital of M/s Daikaffil Chemicals India, from its Promoters and Other shareholders at a price of Rs 24 per equity share aggregating to Rs 6.98 crore.

The company is also making an open offer to the public equity shareholders of Daikaffil Chemicals India to acquire from them upto 26% of fully diluted outstanding equity share capital at a price of Rs 38.72 per share, under the relevant provisions of SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011.

Heranba Industries is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation.