| Hindcon Chemicals Ltd |
|---|
| Registered Office: 62B Braunfeld Row, 1st Floor, Kolkata - 700027, West Bengal |
| Phone: 91-033-24490835/39 |
| Email: contactus@hindcon.com |
| Website: www.hindcon.com |
| Initial public issue of 27,60,000 equity shares of face value of Rs. 10 each ("equity shares") of Hindcon Chemicals Limited ("company" or "issuer") for cash at a price of Rs. 28.00 per equity share (including a share premium of Rs. 18.00 per equity share) ("issue price") aggregating to Rs. 7.73 crores ("issue") of which 1,44,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 28.00 per equity share, aggregating to Rs. 0.40 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 26,16,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 28.00 per equity share aggregating to Rs. 7.32 crores (the "net issue"). The issue and the net issue will constitute 26.96% and 25.55%, respectively of the post issue paid up equity share capital of the company. The Face Value of the equity shares is Rs. 10 each and the issue price is Rs. 28.00 each. The Issue price is 2.8 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 26-Feb-2018 | 28-Feb-2018 | ₹ 28.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 7.73 | Hem Securities Ltd |
| Project Financed through Current Offer | 7.73 | |
| Post Issue Equity Share Capital | 10.24 | |
| Issue Price | ₹28.00 | |
| Projects |
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| To Meet working capital requirement |
| To meet general corporate expenses |
| Promoted By |
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| Sanjay Goenka |
| Nilima Goenka |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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