| Hindprakash Industries Ltd |
|
Registered Office:
301 Hindprakash House,Plot No 10/6 GIDC Vatva
,
Ahmedabad
-
382445
,
Gujarat
, India.
Phone :
91-79-68127000-10 Fax:91-79-68127096
Email : uht@hindprakash.com
Website : www.hindprakash.in
|
Initial Public Issue of 28,80,000 equity shares of face value of  10 each (the "equity shares") of Hindprakash Industries Limited ("the company" or "hil" or "the issuer") for cash at a price of 40 per equity share (including a share premium of 30 per equity share) ("issue price") aggregating to 11.52 Crores ("the issue") of which 1,50,000 equity shares aggregating to 0.60 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. 27,30,000 equity shares of face value of 10 each at an issue price of 40 per equity share aggregating to 10.92 Crores is herein after referred to as the ônet issueö. The issue and the net issue will constitute 27.63% and 26.19%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is 10 and the issue price is 40 is 4 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 15-Jan-20 |
17-Jan-20 |
Rs40.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
11.52 |
|
| Project Financed through Current Offer |
11.52 |
|
| Post Issue Equity Share Capital |
10.42 |
|
| Issue Price |
Rs40.00 |
|
|