As Heranba Industries' IPO opens today, here are few factors to take note of
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New Delhi, Feb. 23 -- Agrochemical company, Heranba Industries Ltd's initial public offering (IPO) opens today and here are some things that investors can take note of. Now, the issue is expected to be lapped up with ease, but will there be a listing pop is the moot question.
Arun Kejriwal, founder of Kejriwal Research and Investment Services Pvt. Ltd said, "Like most recent IPOs, Heranba's issue too is likely to be lapped up without hassles. Although, note that the stock markets have been on a weak footing lately and if this trend sustains then the chances of a listing pop will reduce as the robinhood investors will run away."
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