IPO

Inflame Appliances Ltd IPO

BSE SME

Offer Date: Mar 6, 2018 - Mar 8, 2018

₹ 216000 /4000 Shares
*Min Investment

06 Mar, 2018

Open Date

08 Mar, 2018

Close Date

14 Mar, 2018

Allotment Date

16 Mar, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 54 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 12,00,000 Equity Shares of Rs 10/- each at a price of 54/- per share aggregating to 6.48 Cr
  • Listing at BSE SME
  • Lead Manager Swastika Investmart Ltd
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Inflame Appliances Ltd IPO is an SME IPO, priced at Rs 54 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Mar 6, 2018 to Mar 8, 2018. The allotment is expected to be finalized on Mar 14, 2018, and the tentative listing date is Mar 16, 2018.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Analysis And Details
Retail
25.00x
Total
31.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved5,68,0005,68,00011,36,000
Day 1 06-03-18
64,000 0.11 x2,22,000 0.39 x2,86,000 0.25 x
Day 2 07-03-18
98,000 0.17 x7,32,000 1.29 x8,30,000 0.73 x
Day 3 08-03-18
6,00,000 1.06 x25,30,000 4.45 x31,30,000 2.76 x
Valuations
Earnings Per Share (EPS) Rs 1.15
P/E Ratio 47.11
RoNW 58.05%
Net Asset Value (NAV) - (After issue) Rs 24.17
IPO - Issue Objectives
1

To meet Working Capital requirements

2

To meet Capital Expenditure

3

General Corporate Expenses

4

To meet Issue Expenses