Issue Price
₹40
Per Share
GMP
NIL
Grey Market
Est. Listing
₹40
Expected Price
Min. Application
₹240,000
2 lots × 3000 shares
Incorporated in 2008, Ahmedabad based Hindprakash Industries Limited manufactures Disperse Dyes, Reactive Dyes, Textile auxiliaries, Intermediates and Chemicals. Along with production, the company is also engaged in the trading of its products to various industries. Some of the industries are Speciality Chemicals, Construction Chemicals, Dye intermediates, Textiles and Dyestuff.The company is located at Vatva (Gujarat) which is known for blending, formulation, and manufacturing of auxiliaries, dyes and intermediaries. Hindprakash has a manufacturing unit and a separate laboratory for operational efficiency. For business operations, the company has all the related types of machinery.All the process starting from raw material procurement to inspection to synthesizing to drying to blending to packaging to delivery are carried out in-house by the company. HindPrakash Industries Ltd has two warehouses to store the raw material and finished goods. HindPrakash uses a 3rd party transportation facility.Key Strengths of the Company are:1. Quality products at reasonable prices2. Prime location advantage3. Long-term clients
HindPrakash Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 150,000 | — | ₹0.60 Cr | — |
| TOTAL | 2,880,000 | 100.00% | ₹11.52 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| sNII (Min) | 14 | 42,000 | ₹1,680,000 |
| bNII (Min) | 68 | 204,000 | ₹8,160,000 |
| Particulars | 30-Sept-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 5063.80 | 9799.48 | 8747.58 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 177.81 | 283.42 | 231.91 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 4793.36 | 4813.53 | 3116.38 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |