Share Market IPO
IPO is out in the stock market, after RailTel, now another IPO is open from today. The IPO of Heranba Industries has opened for retail investors from today. If you want to invest in it, but are confused whether to do it or not, then we are going to tell you everything about this IPO which is very important for you to know. Also, experts will also give their opinion whether you should subscribe to this issue or not.
Price band of Heranba Industries IPO
The price band for the IPO of agrochemical company Heranba Industries has been kept at Rs 626-627 per share. The company is issuing 60 crore new shares in this issue. Apart from this, the company will allot 90,15,000 shares through Offer for Sale (OFS). This is the eighth IPO of this month, you can bid till February 25 in the 625 million rupees Heranba Industries IPO. By 1 pm, the issue had subscribed to 43%.
Whether or not to invest in Heranba Industries IPO?
The size of this company is small. In such a situation, there is great hope of growth. Promoters are very experienced. The company has a new issue of 60 crores, the rest is offer for sale. Out of 60 crores, 50 crores will be used in the working capital. In such a situation, money can be invested in this company.
'Investors can invest in this company for short listing gains or long term. He said that the valuation of the company's IPO is renewable. The business of the company is good. It is in the business of Agro Chemical. The export of this company is 60 percent. Return to equity is very good. Investors can get 15 to 20 percent return on the listing of this IPO.
7 IPOs hit the market so far this month
Indian Railway Finance Corporation
Indigo Paints
Home First Finance Company
Stove Kraft
Brookfield India REIT
Nureca
RailTel Corporation of India.
Indigo Paints
Home First Finance Company
Stove Kraft
Brookfield India REIT
Nureca
RailTel Corporation of India.
RailTel IPO shares allocation from today
Allotment of shares under RailTel IPO has also started from today. If you get shares, then shares will come in your account on February 24. If you do not get shares, then you will start getting your money back from February 24. The shares will be listed on February 26, after which you will be able to trade these shares.
Check as to whether you got a share or not
First of all visit this link https://kcas.kfintech.com/ipostatus/
Here you have to select RailTel Corporation of India IPO, after this you will have to enter your application number.
After this, enter DPID / Client ID, Select NSDL / CDSL, and Enter DPID and Client ID, In case of PAN, Enter PAN Number.
Enter the captcha given here. Submission of captcha will show IPO share allocation status.
You can also check share allotment through BSE website. For this, first of all you go to the website of BSE https://www.bseindia.com/investors/appli_check.aspx, go here to select Equity and then select RailTel Corporation of India. After entering the application number, PAN number, you have to click, after this you will see the IPO allotment status.
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