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IPO update: Heranba Industries public issue to open next week; check issue price, size, other details

IPO update: Heranba Industries public issue to open next week; check issue price, size, other details

Continuing the spree of initial public offerings (IPO), agrochemical firm Heranba Industries’ public issue will open for subscription next week. The Gujarat-based agrochemical company is looking to raise Rs 625 crore from capital markets through the issue which will be a mix of an Offer for Sale (OFS) by existing shareholders and a fresh issue of equity shares. Heranba Industries will join peers such as Rallis India, Dhanuka Agritech, Sumitomo Chemical India, and PI Industries, among others on the stock exchanges.

Heranba’s IPO includes an OFS by promoters Sadashiv K. Shetty and Raghuram K. Shetty. Along with the promoters, Babu K. Shetty, Vittala K. Bhandary, and SAMS Industries Limited. The promoters will be seeling more than 81.22 lakh equity shares. Fresh issue portion of the IPO will be worth Rs 60 crore. Heranba will only be receiving this portion of the issue amount. The company, in its RHP, said that the firm plans to use the amount to fund working capital requirements and to fund expenditures for general corporate purposes.

Investors can bid for the issue in the price band of Rs 626-627 per share. The minimum bid size has been decided at 23 equity shares and multiples thereafter. This would translate into a minimum bid price of Rs 14,421. The issue opens for subscription on February 23 and closes on February 25. 50% of the issue will be reserved for Qualified Institutional Buyers (QIB), 15% will be available for Non-Institutional Investors (NII) and the remaining 35% is for Retail investors. 

Axis Capital in a note earlier said that the FY20 EPS of the company is Rs 25.03, with a return on net worth of 30.47%. Peers such as Rallis India and Sumitomo Chemicals currently trade at a P/E ration of 29.67 and 72.11.

Heranba Industries earns 49% of its revenue from exports, whereas 87% of the revenue comes from institutional customers. The company has a diverse customer base with only 20% of the total revenue coming from the top 10 customers. The company exported their products to more than 60 countries in Latin America, CIS, Middle East, Africa, Asia and South East Asia in the previous fiscal year. Heranba’s management said that it has started the process of entering developed markets such as the USA and Europe.

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Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

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Petrol at Rs 89 in Delhi, inches towards Rs 100-mark in Rajasthan

Petrol at Rs 89 in Delhi, inches towards Rs 100-mark in Rajasthan

Petrol and diesel prices on Monday were hiked for the seventh day in a row as a rally in international oil prices took retail rates in India to new highs.

Petrol price was increased by 26 paise per litre and diesel by 29 paise, according to a price notification of state-owned fuel retailers.

This pushed retail rates, which differ from state to state depending on the incidence of local sales tax or VAT and freight charges, to their highest level.

The hike took petrol price in Delhi to a record Rs 88.99 per litre and to a highest-ever rate of Rs 95.46 a litre in Mumbai.

Diesel rate climbed to Rs 79.35 a litre in Delhi and to Rs 86.34 in Mumbai.

Rajasthan, which levies the highest VAT on fuel in the country, had the highest petrol and diesel prices.

In Sriganganagar town of the state, petrol soared to Rs 99.56 and diesel to Rs 91.48 per litre.

The Rajasthan government had late last month cut VAT on petrol and diesel by 2 per cent. Despite this, the state has the highest VAT at 36 per cent plus Rs 1,500 per kilolitre road cess on petrol. On diesel, the state levies 26 per cent and Rs 1,750 per kilolitre road cess.

Branded or additive mixed petrol on Sunday crossed Rs 100-mark at some places in states like Maharashtra and Madhya Pradesh.

Branded petrol at Sriganganagar was priced at Rs 102.34 a litre and similar grade diesel at Rs 95.15.

The main difference between regular and premium fuel grades is the octane number. Regular fuel has a lower octane number — 87, while premium fuel generally gets a 91 octane rating or higher.

Octane number is a measure of the ignition quality of fuel — higher the number, the less susceptible is the fuel to ‘knocking’ when burnt in a standard engine.

In seven straight days, prices have gone up by Rs 2.04 per litre for petrol and Rs 2.22 for diesel.

The relentless hike in prices has been criticised by the opposition parties including Congress that has demanded an immediate cut in taxes to ease the burden on the common man.

A six-hour bandh called by the party in Odisha affected normal life on Monday.

Oil Minister Dharmendra Pradhan last week had told Parliament that the government is not considering a reduction in excise duty to cool rates from their record highs.

Central and state taxes make up for over 61 per cent of the retail selling price of petrol and about 56 per cent of diesel.

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Where can I find the Best Advisory services in Stock Market?

Where can I find the Best Advisory services in Stock Market?
  1. What is advisory services in the Indian stock market?
  2. How to find reliable and genuine advisory company in Indian stock market?
  3. Which is the best stock advisory company in India?
  4. Which are Top 10 SEBI registered stock advisory company in India?
  5. Who are Most successful stock advisors in India?
  6. Which is Best stock advisory service in India?

What is advisory services in the Indian Stock market?

People always need advise, recommendations or tips in the stock market and they search for advisory services so services related to stock investments and stock trading are considered as advisory services. There are pelnty of companies providing stock market advisory services but it’s difficult to find reliable and genuine advisory company so read our blog in details in order to find out about reliable stock advisory company in India.

How to find reliable and genuine advisory company in Indian stock market?

There are hundreds of advisory companies in stock market and commodity market which are giving different types of services by different mediums but it’s difficult to find genuine and reliable advisory company. Main question is that after finding any advisory company, how reliable or genuine are they? Online business is full of cheaters too who just wants to cheat innocent clients by taking money from them. But we can identify that kind of fraud people easily. You should never believe on anyone providing advisory services without SEBI registration certificate. SEBI has come up with very good law to follow compliances for all entities who are in the business of stock market advisory services and clients have to be aware about that. Those who are registered will be afraid of cheating their clients because of the rules and regulations of SEBI.

Please refer to this link for keypoints on how to find reliable and genuine advisory company. https://www.eqwires.com/tutorials/which-is-reliable-tips-provider-in-the-stock-market/#intraday-tips2

Which is the best stock advisory company in India?

Best services are meant to be consistent and quality services which gives good growth in capital. Best doesn’t mean that you will never get a loss but best advisory services mean you are getting full support and quality services on time. If a client getting overall good profit on monthly and quarterly basis, it’s called best service. One has to understand that nobody is God in this market and those who pretend to be God or Operator of this market are nothing but disguised thieves who just want to make you fool. Good results come with lot of experience and analysis. It never comes through miracles. So never believe on those who just claims big and lucrative promises like 500% to 1000% returns in intraday and all. 

Eqwires which is the best stock advisory company in India and in Top 10 SEBI registered stock advisory company in India is purely focusing on clients’ satisfaction with maximum client retention ratio. Our services are very clear and well defined where no false commitment or lucrative schemes are there. We just commit what we can deliver and we have delivered in last few years. Our team are well experienced and they have grip on market movement so they can minimize risk by predicting market direction on time. Eqwires has been always in a list of top 10 stock advisory company in India.

Which are Top 10 SEBI registered stock advisory company in India?

There are plenty of firms/companies/individuals who are into the business of stock market advisory services and it’s difficult to find top 10 amongst them because names/quality/efficiency are changin frequently with the movement of markets. Few are best in Equity delivery and few are best in F&O but the most important thing is who delivery consitent support and good results. At Eqwires, we purely focus on delivering high quality services with consistent support and that’s the reason why Eqwires is Top rated SEBI registered stock advisory company in India. Our constant endeavour to deliver best results in trading and investment making Eqwires the Best stock advisory company in India.

Who are Most successful stock advisors in India?

Success doesn’t happen overnight but it happens day by day with forward progress so to be Most successful stock advisors in India, it takes years and at Eqwires, we constantly monitor our efficiency and quality of trades which we are providing to our customers. Eqwires is undoubtedly Most Successful and best stock advisory service in India because of highest client retention ratio and minimum complaints ratio in this market despite of having large number of clients. Eqwires is a No 1 Stock advisory company in India.

Which is Best stock advisory service in India?

Eqwires provides Best stock advisory service in India and Best paid stock recommendation sites in India which provides best stock trading recommendations, Best intraday trading tips, Best stock tips, BTST STBT trading tips, Best Investment advice and many more. We have high qualified research team to do in-depth analysis about stock market activities and provide best share trading recommendations. Eqwires provides Best stock advisory service in India and Best Stock recommendation service in India.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Telegram | Facebook | Twitter

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

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Who is the best SEBI registered Investment advisor in India?

Who is the best SEBI registered Investment advisor in India?
  1. Who is an Investment advisor?
  2. Who is SEBI registered investment advisor?
  3. How to find genuine and authentic SEBI registered Investment advisor?
  4. Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?
  5. How to find best SEBI registered stock advisory company?
  6. How to find Best SEBI registered research analyst?
  7. About Best SEBI registered Investment advisor:
  8. Eqwires – Best SEBI registered Research Analyst:

Who is an Investment advisor?

Investment advisors are financial experts or professionals who make investment recommendations and provides suggestions for investment in different financial products.

An investment advisor gives advice to clients about investing in securities such as stocks, bonds, mutual funds or exchange traded funds.

Who is SEBI registered investment advisor?

An investment advisor has to be registered with SEBI (Securities and Exchange Board of India) and those who are registered with SEBI as an investment advisor under their regulation are called SEBI registered investment advisor. It’s compulsory to obtain SEBI registration in India in order to provide any kind of recommendations related to investments in Financial markets. Those who are not registered with SEBI and don’t have appropriate license to provide recommendations are doing unfair practices and we always suggest our clients or proposed clients to don’t follow unregistered people.

How to find genuine and authentic SEBI registered Investment advisor?

As soon as you find any investment advisor or research analyst providing services related to investment or trading in stock market, you just have to ask for their SEBI registration number. Each registered intermediary has their own SEBI registration number with valid license. If they provide their registration  number, you can verify the same through SEBI website www.sebi.gov.in If their number and name matches the details provide to you, they are authentic SEBI registered Investment advisor or research analyst. If their details don’t match or they don’t provide their registration number, don’t follow them at all. Just go for registered investment advisor or research analyst only.

Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?

Obtaining SEBI registration doesn’t mean that person or a company is reliable in terms of investment recommendations. Registration is a first process or step which everyone has to complete but quality of services and reliability is depending upon their track record. Many investment advisors or research analyst takes certificate but they don’t have sufficient knowledge to carry out thorough research and don’t have sufficient experience of practical things in stock market. So we always suggest to check their past records and check their live trading results in order to safeguard yourself. Eqwires is having vast experience of stock market in-depth analysis and we have best clients’ retention ratio in this industry. Eqwires is best and top-notch SEBI registered research analyst in India. 

How to find best SEBI registered stock advisory company?

There are numerous SEBI registered stock advisory companies in India registered as Investment advisors, research analysts, or Portfolio Managers. Most important thing is to find out the best amongst them because only a registered stock advisory company is not sufficient to give you the best results. Best SEBI registered stock advisory company or top SEBI registered investment advisor will give all information about their services and products transparently. Genuine advisory companies will not hide anything from their clients. An ethical SEBI registered investment advisor or research analyst will share the risk associated with an investment in the stock market. Best SEBI registered stock advisory company gives at least 80% genuine results in the stock market. If 8 recommendations out of 10 are profitable, it’s reliable and can give good results in the future. Never believe on tall claims website which just claims big profits but gives nothing once you subscribe. Eqwires not only gives transparent guidance to everyone but also shares each and every detail before joining the services. We have shared all the necessary information about our services on our website so that anyone can get transparent and genuine information. Eqwires is the Best SEBI registered research analyst in India providing the best, genuine, and ethical services in the stock market.

How to find Best SEBI registered research analyst?

There are more than 1000 SEBI registered Research Analysts who obtained SEBI registration out of which many are from brokerage companies that are not providing services to their individual clients. There are hardly 300 to 400 SEBI registered research analysts available who are individually providing services to retail clients. Some of them are inactive and have obtained registration but not providing services.

Now finding Best SEBI registered Research Analyst is a tough task because everyone will say that they are the best but you can’t believe everyone. First of all, you have to see their registered office, research facility, working strategy and trading patterns, skills of their team, and their infrastructure. These are primary requirements from any research analyst. You should never trust any unregistered service provider however they represent and claim about their services.

Best SEBI registered research analyst provides investment or trading recommendations after proper research. We have the best research facility with a highly qualified research team and well-trained qualified relationship managers. Our client retention ratio is more than 95% which is our biggest achievement in this industry because client satisfaction and retention say everything about any company’s services and due to this Eqwires is the Best SEBI registered research analyst.

About the Best SEBI registered Investment advisor:

Below are the qualities of the Best SEBI registered Investment advisor:

Transparency: There should be complete transparency in the services being offered to clients because 95% of SEBI registered investment advisors fail to maintain transparency and gives false commitment in order to get payments.

Responsibility: Best SEBI registered Investment advisors should be responsible for their duties and whatever services they are offering, it should be with proper risk management. 100% success rate is not possible anywhere but Best SEBI registered Investment advisors should be responsible for the recommendations they are providing to their investors.

Integrity: We hardly find integrity in SEBI registered investment advisors because honesty and strong principles make any SEBI registered investment advisor the best one.

Commitment: Best SEBI registered Investment advisors should be committed to their investment advice and research and recommendations. We have seen many irresponsible service providers who just provide random trades and don’t care after providing trading recommendations. Best and Genuine SEBI registered investment advisor should be committed to his quality of services.

Accountability: Most of the SEBI registered Investment advisors are not accountable for the services they have offered. They just wanted to take money from you as their professional charges which they already received and afterwards they are not accountable for the services they are offering. So there must be a responsibility and accountability for Best SEBI registered Investment advisor.

Persistence: Best SEBI registered Investment advisor should be persistent. They should stick to their quality research and core values in order to provide best services consistently. If any advisor is giving good service for a few days are not enough. They must be persistent.

Discipline: Discipline is most important in trading and investment in the stock market. There are many SEBI registered Investment advisors who are not able to monitor the risk of their clients and they keep on holding losing positions until everything is wiped out. This is the situation where discipline works. So discipline makes any SEBI registered Investment advisor the Best one.

Eqwires – Best Stock advisory company in India:

Which is the Best Stock advisory company in India?

List of Top 10 SEBI registered stock advisory companies in India

Best services are meant to be consistent and quality services that give good growth in capital. Best doesn’t mean that you will never get a loss but best advisory services mean you are getting full support and quality services on time. If a client gets overall good profit on a monthly and quarterly basis, it’s called best service. One has to understand that nobody is God in this market and those who pretend to be God or Operator of this market are nothing but disguised thieves who just want to make you fool. Good results come with a lot of experience and analysis. It never comes through miracles. So never believe on those who just claims big and lucrative promises like 500% to 1000% returns in intraday and all.

Eqwires Telegram Channel is listed as one of the best SEBI registered stock market Telegram channels in India.

We are purely focusing on clients’ satisfaction with the maximum client retention ratio. Our services are very clear and well defined where no false commitment or lucrative schemes are there. We just commit to what we can deliver and we have delivered in the last few years. Our team is well experienced and they have a grip on market movement so they can minimize risk by predicting market direction on time.

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Eqwires Research analyst is the Best SEBI registered research analyst providing best intraday tips and top rated SEBI registered research analyst. Eqwires is the Best Intraday tips provider in India, Best Research Analyst website in India.

Eqwires is registered with SEBI as a Research Analyst with SEBI registration number INH000007465. We are not registered with SEBI as an Investment advisor and we don’t claim to be an Investment Advisor.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

info@eqwires.com

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Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Disclaimer: Eqwires is SEBI registered research analyst and all above lines like “Best SEBI registered Investment advisor”, “Top rated SEBI registered Investment advisor” or “Most successful SEBI registered investment advisor” are used in the blogs for search engine ranking purposes only. We are registered with SEBI as a Research Analyst only and follow all regulations and compliances being a SEBI registered research analyst.

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