Inflame Appliances IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 6.48 Cr. The company is based in Solan and caters to Engineering sector. Swastika Investmart is the merchant banker of Inflame Appliances IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th February 2018.
Inflame Appliances IPO open date is 6th March 2018 and close date is 8th March 2018. IPO Allotment Date is 30th November -0001 and Listing date is 16th March 2018.Inflame Appliances IPO size is ₹ 6.48 Cr. with IPO price of ₹ 54.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Inflame Appliances IPO. NSDL Database Management Limited is the Registrar and Market Maker is Beeline Broking Limited for Inflame Appliances IPO.
Inflame Appliances IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Inflame Appliances IPO, based in Solan, operates in the Engineering sector with a focus on manufacturing of LPG Gas Stove/cooktops and Sheet Metal Components. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Inflame Appliances IPO size is ₹ 6.48 Cr. with fresh issue size of ₹ 6.48 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Inflame Appliances IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Inflame Appliances IPO allotment status on the registrars website, NSDL Database Management Limited . Inflame Appliances IPO refund dates are 30th November -0001.
Inflame Appliances IPO is expected to be listed on 16th March 2018.
The upper price band for the Inflame Appliances IPO is set at ₹ 54.00 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 Inflame Appliances 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 Inflame Appliances 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 8th March 2018. After submission, funds are blocked until the basis of allotment of Inflame Appliances IPO is finalised.
The merchant banker for Inflame Appliances IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Inflame Appliances IPO RHP for further details.
The registrar for Inflame Appliances IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Inflame Appliances IPO through their official website or helpline.
Inflame Appliances IPO was subscribed 0.73 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Inflame Appliances IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Inflame Appliances Financial Review Page
Merchant Banker(s) of Inflame Appliances IPO: Swastika Investmart Limited
Inflame Appliances IPO subscription was 0.73 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.
Inflame Appliances IPO listed at a listing price of 50.70 against the offer price of 54.00.
The current market price of Inflame Appliances is 243.90.
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