Hindprakash Industries Ltd
Registered Office:
301 Hindprakash House,Plot No 10/6 GIDC Vatva,
Ahmedabad
-
382445,
Phone : 91-79-68127000-10
Fax : 91-79-68127096
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.
Opens On
Closes On
Application
Allotment
15-Jan-20
17-Jan-20
40.00-0.00
0.00-0.00
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
To Meet Working Capital Requirements
General Corporate Purpose
Sanjay Prakash Mangal
Om Prakash Mangal
Santosh Narayan Nambiar