HindPrakash Industries Ltd IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 11.52 Cr. The company is based in Ahmedabad and caters to Chemical - Speciality sector. Hem Securities is the merchant banker of HindPrakash Industries Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th September 2019.
HindPrakash Industries Ltd IPO open date is 15th January 2020 and close date is 17th January 2020. IPO Allotment Date is 23rd January 2020 and Listing date is 27th January 2020.HindPrakash Industries Ltd IPO size is ₹ 11.52 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the HindPrakash Industries Ltd IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for HindPrakash Industries Ltd IPO.
HindPrakash Industries Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
HindPrakash Industries Ltd IPO, based in Ahmedabad, operates in the Chemical - Speciality sector with a focus on Manufacturing and trading of Dyes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. HindPrakash Industries Ltd IPO size is ₹ 11.52 Cr. with fresh issue size of ₹ 11.52 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for HindPrakash Industries Ltd IPO is expected to be 23rd January 2020, after the finalization of basis of allotment. Investors can check HindPrakash Industries Ltd IPO allotment status on the registrars website, Bigshare Services Private Limited . HindPrakash Industries Ltd IPO refund dates are 24th January 2020.
HindPrakash Industries Ltd IPO is expected to be listed on 27th January 2020.
The upper price band for the HindPrakash Industries Ltd IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on HindPrakash Industries Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the HindPrakash Industries Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th January 2020. After submission, funds are blocked until the basis of allotment of HindPrakash Industries Ltd IPO is finalised.
The merchant banker for HindPrakash Industries Ltd IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the HindPrakash Industries Ltd IPO RHP for further details.
The registrar for HindPrakash Industries Ltd IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to HindPrakash Industries Ltd IPO through their official website or helpline.
HindPrakash Industries Ltd IPO was subscribed 2.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
HindPrakash Industries Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on HindPrakash Industries Ltd Financial Review Page
Merchant Banker(s) of HindPrakash Industries Ltd IPO: Hem Securities Limited
HindPrakash Industries Ltd IPO subscription was 2.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
HindPrakash Industries Ltd IPO listed at a listing price of 41.30 against the offer price of 40.00.
The current market price of HindPrakash Industries Ltd is 128.55.
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