HindPrakash Industries Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,365,000 (47%) | — | ₹546 Cr |
| Retail | — | 1,365,000 (47%) | — | ₹546 Cr |
| Market Maker | — | 150,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 2,880,000 (100%) | — | ₹11,520 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sept-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 5,064 | 9,799 | 8,748 |
| Profit After Tax | 178 | 283 | 232 |
| Total Assets | 4,793 | 4,814 | 3,116 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements – 8.22
- General Corporate Purpose – 2.70
- To Meet the Issue Expenses – 0.60
Company Overview
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 prices
2. Prime location advantage
3. Long-term clients