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IPO

IPO Synopsis
Hindprakash Industries Ltd
Registered Office: 301 Hindprakash House,Plot No 10/6 GIDC Vatva , Ahmedabad - 382445 , Gujarat , India.
Phone : 91-79-68127000-10   Fax:91-79-68127096
Email :  uht@hindprakash.com  
Website :  www.hindprakash.in
Initial Public Issue of 28,80,000 equity shares of face value of Rs.10 each (the "equity shares") of Hindprakash Industries Limited ("the company" or "hil" or "the issuer") for cash at a price of Rs.40 per equity share (including a share premium of Rs. 30 per equity share) ("issue price") aggregating to Rs. 11.52 Crores ("the issue") of which 1,50,000 equity shares aggregating to Rs. 0.60 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. 27,30,000 equity shares of face value of Rs.10 each at an issue price of Rs. 40 per equity share aggregating to Rs. 10.92 Crores is herein after referred to as the ônet issueö. The issue and the net issue will constitute 27.63% and 26.19%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 and the issue price is 40 is 4 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Jan-20 17-Jan-20 Rs40.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 11.52
Hem Securities Ltd
Project Financed through Current Offer 11.52  
Post Issue Equity Share Capital 10.42  
Issue Price Rs40.00  
 
Projects
To Meet Working Capital RequirementsGeneral Corporate Purpose
Promoted By
Sanjay Prakash Mangal
Om Prakash Mangal
Santosh Narayan Nambiar
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd