Heranba Industries Limited

Heranba Industries Limited is a leading crop protection chemical manufacturer based in Gujarat, India, incorporated in March 1992. The company specializes in the end-to-end synthesis, manufacture, and distribution of synthetic pyrethroids, agrochemical technicals, intermediates, and formulations used across agriculture and public health applications. Operating across three primary business segments (technicals, formulations, and public health products), Heranba manufactures a diverse product lineup including insecticides, herbicides, and fungicides. The company maintains three state-of-the-art manufacturing facilities in Vapi, Gujarat, and exports products to over 60 countries across Latin America, Asia-Pacific, the Middle East, and Africa, supported by an extensive domestic distribution network of over 8,600 dealers. Backed by fully integrated backward-and-forward manufacturing capabilities, robust in-house R&D, and extensive product registrations globally, Heranba maintains strong market share in synthetic pyrethroid technicals in India. The company continues to drive growth through capacity expansion, new product registrations, and deepening penetration in high-margin export markets while keeping debt levels prudent.

Heranba Industries Limited raised Rs 187.51 crore from 18 anchor investors on February 22, 2021, allocating 2,990,520 equity shares at the cap price of Rs 627 per share. Key participants included Government Pension Fund Global, HDFC Mutual Fund, IDFC Mutual Fund, Cohesion Benefit Fund, and Elara India Opportunities Fund.