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Hindprakash Industries Ltd

Hindprakash Industries Ltd

    Registered Office : 301 Hindprakash House,Plot No 10/6 GIDC Vatva,Ahmedabad Gujarat 382445 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

Opens On

Closes On

15-Jan-2020

17-Jan-2020

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

11.52

11.52

10.42

40.00

Hem Securities Ltd

Projects
  • To Meet Working Capital Requirements
  • General 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