IPO

Hindprakash Industries Limited IPO

NSE SME

Offer Date: Jan 15, 2019 - Jan 17, 2019

₹ 240000 /6000 Shares
*Min Investment

15 Jan, 2019

Open Date

17 Jan, 2019

Close Date

23 Jan, 2019

Allotment Date

27 Jan, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 40/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 28,80,000 Equity Shares of Rs 10/- at a price of Rs 40/- per share aggregating to Rs 11.52 Cr
  • Listing at NSE SME
  • Lead Manager HEM SECURITIES LIMITED
  • Registrar BIG SHARE SERVICE PRIVATE LIMITED
IPO Details
  • Retail Portion N/A
IPO Details


Hindprakash Industries Limited IPO is an SME IPO, priced at Rs 40/- 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 Jan 15, 2019 to Jan 17, 2019. The allotment is expected to be finalized on Jan 23, 2019, and the tentative listing date is Jan 27, 2019.


The registrar of the IPO is BIG SHARE SERVICE PRIVATE LIMITED, and

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IPO Subscription Analysis And Details
Retail
18.00x
Total
59.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved13,65,00013,65,00027,30,000
Day 1 - 15-01-20
1,71,000 0.13 x84,000 0.06 x2,55,000 0.09 x
Day 2 - 16-01-20
20,97,000 1.54 x4,71,000 0.35 x25,68,000 0.94 x
Day 3 - 17-01-20
40,38,000 2.96 x18,66,000 1.37 x59,04,000 2.16 x
Valuations
Earnings Per Share (EPS) Rs 2.72/-
P/E Ratio 14.7
RoNW 14.53%
Net Asset Value (post issue) Rs 31.42/-
IPO - Issue Objectives
1

To meet Working Capital Requirements ( Rs 8.22 Cr )

2

General corporate purpose ( Rs 2.70 Cr )

3

To meet the Issue expenses ( Rs 0.6 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Hindprakash Industries Limited1.2714.714.53%97.99
Camex Limited0.789.778.01%147.40
 Mahickra Chemicals Limited4.3732.279.49%80.05
Shree Pushkar Chemicals & Fertilisers Limited1.2612.1610.39%454.34