HindPrakash Industries IPO Details

HindPrakash Industries IPOHindPrakash 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
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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
Finalisation of Basis of Allotment: To be updated
Initiation of refunds: To be updated
Transfer of shares to demat accounts: To be updated
Listing Date: To be updated
Opening Price on NSE Emerge: To be updated
Closing Price on NSE Emerge: To be updated

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