Hindcon Chemicals IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 7.73 Cr. The company is based in Kolkata and caters to Chemical sector. Hem Securities is the merchant banker of Hindcon Chemicals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd January 2018.
Hindcon Chemicals IPO open date is 26th February 2018 and close date is 28th February 2018. IPO Allotment Date is 30th November -0001 and Listing date is 9th March 2018.Hindcon Chemicals IPO size is ₹ 7.73 Cr. with IPO price of ₹ 28.00. 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 Hindcon Chemicals IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Hindcon Chemicals IPO.
Hindcon Chemicals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Hindcon Chemicals IPO, based in Kolkata, operates in the Chemical sector with a focus on chemicals particularly for construction industry. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Hindcon Chemicals IPO size is ₹ 7.73 Cr. with fresh issue size of ₹ 7.73 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Hindcon Chemicals IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Hindcon Chemicals IPO allotment status on the registrars website, Link Intime India Private Limited . Hindcon Chemicals IPO refund dates are 30th November -0001.
Hindcon Chemicals IPO is expected to be listed on 9th March 2018.
The upper price band for the Hindcon Chemicals IPO is set at ₹ 28.00 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 Hindcon Chemicals 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 Hindcon Chemicals 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 28th February 2018. After submission, funds are blocked until the basis of allotment of Hindcon Chemicals IPO is finalised.
The merchant banker for Hindcon Chemicals IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Hindcon Chemicals IPO RHP for further details.
The registrar for Hindcon Chemicals IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Hindcon Chemicals IPO through their official website or helpline.
Hindcon Chemicals IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Hindcon Chemicals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Hindcon Chemicals Financial Review Page
Merchant Banker(s) of Hindcon Chemicals IPO: Hem Securities Limited
Hindcon Chemicals IPO subscription was 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.
Hindcon Chemicals IPO listed at a listing price of 29.30 against the offer price of 28.00.
The current market price of Hindcon Chemicals is 35.49.
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