IPO

Hindcon Chemicals Limited IPO

NSE SME

Offer Date: Feb 26, 2018 - Feb 28, 2018

₹ 224000 /8000 Shares
*Min Investment

26 Feb, 2018

Open Date

28 Feb, 2018

Close Date

07 Mar, 2018

Allotment Date

09 Mar, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 28 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 27,60,000 Equity Shares of Rs 10/- each at a price of 28/- per share aggregating to 7.73 Cr
  • Listing at NSE SME
  • Lead Manager HEM SECURITIES LIMITED
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Hindcon Chemicals Limited IPO is an SME IPO, priced at Rs 28 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Feb 26, 2018 to Feb 28, 2018. The allotment is expected to be finalized on Mar 7, 2018, and the tentative listing date is Mar 9, 2018.


The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Analysis And Details
Retail
16.00x
Total
36.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved13,08,00013,08,00026,16,000
Day 1 26-02-18
32,68,000 2.50 x44,96,000 3.43 x77,64,000 2.97 x
Day 2 27-02-18
52,92,000 4.05 x3,63,20,000 27.77 x4,16,12,000 15.91 x
Day 3 28-02-18
20,26,88,000 154.96 x16,24,32,000 124.19 x36,51,20,000 139.57 x
Valuations
Earnings Per Share (EPS) Rs 2.03
P/E Ratio 13.81
RoNW 13.76%
Net Asset Value (NAV) ( on 31.09.2017) Rs 34.42
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

To meet General Corporate Expenses

3

To meet Issue Expenses