HindPrakash Industries IPO Details
HindPrakash IPO description – HindPrakash Industries is engaged in the manufacturing and trading of Dyes, Auxiliaries, Intermediates and Chemicals. The company started its manufacturing unit in the year 2008 to produce Disperse Dyes, Reactive Dyes and Textile auxiliaries for catering the needs of domestic textile industry. The company has achieved a steady growth in productivity and has expanded its range of products from dyes to auxiliaries to speciality chemicals. Its expertise in chemical manufacturing has enabled it to expeditiously increase production capacity and expand into new value added products. With its wide range of products, the company caters to various industries viz. Dyestuff and Dye intermediates, Textiles, Construction Chemicals, Speciality Chemicals etc.
The company is located at Vatva, an Industrial Estate for manufacturing, blending and formulation of dyes, auxiliaries & intermediaries. The Estate has common effluent treatment plant of which most of the units in the estate are members apart from having their own environmental treatment facilities. The company has integrated all its manufacturing activities to achieve operational efficiency and also boasts of having a separate laboratory in its manufacturing unit, to check the quality before dispatching any material to its clients.
Promoters of HindPrakash Industries – Mr Sanjay Prakash Mangal, Mr Om Prakash Mangal and Mr Santosh Narayan Nambiar
| HindPrakash Industries IPO details | |
| Subscription Dates | 15 – 17 January 2020 |
| Price Band | INR40 per share |
| Fresh issue | 2,880,000 shares (INR11.52 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,880,000 shares (INR11.52 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
HindPrakash Industries’ financial performance (in INR crore) | ||||
| FY2017 | FY2018 | FY2019 | H1 FY2020 | |
| Revenue | 86.1 | 87.5 | 98.0 | 50.6 |
| Expenses | 81.5 | 82.6 | 92.6 | 47.4 |
| Net income | 2.1 | 2.3 | 2.8 | 1.8 |
Registrar of HindPrakash Industries
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road
Marol, Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Valuation of HindPrakash Industries IPO
Earnings Per Share (EPS): INR3.76
Price/Earnings (PE ratio): 10.64
Return on Net Worth (RONW): 14.53%
Net Asset Value (NAV): INR25.86 per share
HindPrakash Industries IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.09 |
| Day 2 | 0.94 |
| Day 3 | 2.05 |
HindPrakash Industries Contact Details
HindPrakash Industries Limited
301, Hindprakash House,
Plot No.10/6, GIDC,
Vatva, Ahmedabad- 382445
Phone: +91 79-6812 7000-10
Email: [email protected] Website: www.hindprakash.in
HindPrakash Industries IPO Allotment Status
HindPrakash Industries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing Performance of HindPrakash Industries
IPO Opening Date: 15 January 2020
IPO Closing Date: 17 January 2020
Listing Date: 27 January 2020
Opening Price on NSE Emerge: INR40.7 per share (up 1.75% from IPO price)
Closing Price on NSE Emerge: INR41.3 per share (up 3.25% from IPO price)