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Open
26 Feb 2018
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Close
28 Feb 2018
3
Allotment
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Listing
Fri, Mar 9, 2018
Price Band
₹28 per share
Issue Size
27,60,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Mar 9, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 136.65x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 29.56 | 25.62 | 24.23 | 25.18 |
| Total Income | 18.13 | 34.25 | 33.45 | 34.96 |
| Profit After Tax | 2.19 | 2.06 | 0.86 | 0.34 |
| NET Worth | 17.04 | 14.85 | 12.79 | 11.93 |
| Reserves and Surplus | 9.56 | 13.36 | 11.30 | 10.44 |
| Total Borrowing | 6.42 | 4.99 | 5.25 | 8.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Arvee Laboratories (India) Ltd. | SME | ₹8.91 Cr | ₹61 | null | ₹62.50 | +2.46% | ₹158.01 (+0.00%) |
| Vadivarhe Speciality Chemicals Ltd. | SME | ₹14.46 Cr | ₹42 | null | ₹50.40 | +20.00% | ₹29.00 (-3.49%) |
| Yug Decor Ltd. | SME | ₹2.88 Cr | ₹26 | null | ₹26.10 | +0.38% | ₹25.37 (-4.98%) |
| Chemcrux Enterprises Ltd. | SME | ₹2.40 Cr | ₹18 | null | ₹21.60 | +20.00% | ₹89.29 (-0.94%) |
| Sanginita Chemicals Ltd. | SME | ₹10.05 Cr | ₹22 | null | ₹22.90 | +4.09% | ₹55.85 (+1.99%) |
| Galaxy Surfactants Ltd. | Mainboard | ₹937.09 Cr | ₹1480 | null | ₹1,700.45 | +14.90% | ₹1,926.20 (-0.79%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 5.38 |
| 2 | To meet General Corporate Expenses | 1.60 |
About Hindcon Chemicals IPO
Incorporated in 1998, Hindcon Chemicals Limited is engaged in manufacturing of chemicals particularly for construction industry. They offer Waterproofing additives, Plasticisers and Super Plasticisers, Tile Adhesives, Sealant Products, Floor Topping products, Epoxy Grout & Mortar and Cleaning Compound chemicals etc under brand names Hind Anti Rust, Hind Block Fix, Hind Crete Plus - WPM, Hind Fix TA, Hind Hydraproof Ceramic, Hind Plasto Guard and Hind Sealant.They also provide waterproofing and rehabilitation jobs on works contract basis. Company's customers includes Larsen & Toubro Ltd., Gammon India Ltd., BGR Energy Systems Ltd., Hindustan Construction Company Ltd., Jaiprakash Associates Ltd., Patel Engineering Ltd, SEW Infrastructure Ltd. Company's manufacturing facility is located at Howrah, West Bengal which has an existing installed capacity of 30,000 MT per year.+ Read More
Contact Details
Hindcon Chemicals Ltd. Address62/B, Braunfeld Row1st FloorKolkata, West Bengal, 700027033-24490835/39contactus@hindcon.comVisit Website