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Open
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Close
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Allotment
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Listing
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Issue Size
55,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 46.73 | 37.50 | 8.51 | 3.57 |
| Total Income | 8.71 | 25.41 | 15.98 | 6.88 |
| Profit After Tax | 1.99 | 7.08 | 0.00 | 0.10 |
| NET Worth | 24.26 | 17.67 | 1.14 | 0.13 |
| Reserves and Surplus | 27.55 | 19.48 | 0.09 | 0.08 |
| Total Borrowing | 15.94 | 13.96 | 3.82 | 1.21 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting Up of New Units, Data Centers and Points of Presence (PoPs) | 32.89 |
| 2 | To Meet Incremental Working Capital Requirements. | 21.60 |
| 3 | Full or part repayment and /or prepayment of Loan | 9.02 |
| 4 | General Corporate purpose |
About HCIN Networks IPO
Incorporated in August 2019, HCIN Networks Limited offers B2B solutions, including Internet Services, Managed IT Services, and Telecom Infra Services. The company provides Internet Leased Lines, Business Broadband, SD-WAN, Managed IT Infrastructure, Remote IT Support, Data Centre Management, Ground Tower Construction, Solar Upgrades, Overhead Fiber Networks, and FTTH Networks. HCIN Networks Limited partners with telecom operators, specialising in FTTH deployment, tower construction, and 5G infrastructure support. The company is ISO 20000-1:2018, ISO 9001:2015, and 27001:2013 certified and a notable player in telecom infrastructure. As of June 30th, 2024, the Company has a total of 123 employees on payroll and eight on offrolls. HCIN Networks offers a comprehensive suite of services tailored for various industries: Internet Services:Internet Leased Lines, Business & Retail Broadband, SD-WAN and MPLS & VPN Solutions Managed IT Services:Onsite & Remote IT Infrastructure Management, IT Staffing and Data Centre Management Telecom Infrastructure:Tower Construction, FTTH Network Deployment, Overhead Fibre Network Leasing and 5G Network Support Data Centre Solutions:Colocation Services, Se
Contact Details
HCIN Networks Ltd. AddressSTS-524, 5th, Floor, DLF Star Tower,Sector 30, NH-8, Silokhra II, SilokhraRoad,Gurgaon,Gurugram, Haryana, 122001+91-9880577817cs@hicomindia.comVisit Website