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Open
6 Mar 2018
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Close
8 Mar 2018
3
Allotment
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Listing
Fri, Mar 16, 2018
Price Band
₹54 per share
Issue Size
12,00,000 shares (agg. up to ₹6 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Mar 16, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.32x |
Restated Financials (₹ Cr.)
| Period Ended | 20 Jan 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 10.69 | 5.76 | 1.70 | 0.02 |
| Total Income | 25.42 | 18.06 | 3.92 | |
| Profit After Tax | 0.80 | 0.46 | 0.06 | -0.01 |
| NET Worth | 3.19 | 0.79 | 0.29 | 0.01 |
| Reserves and Surplus | 0.44 | |||
| Total Borrowing | 0.84 | 0.72 | 0.15 | |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 2.50 |
| 2 | Capital Expenditure | 3.00 |
| 3 | General Corporate Expenses | 0.28 |
About Inflame Appliances IPO
Incorporated in 2017, Inflame Appliances Ltd is engaged in manufacturing of LPG Gas Stove/cooktops and Sheet Metal Components. Company's product range includes cooktops, hobs, cooker hoods(Chimneys) and Cooking ranges.They manufacture Gas Stove/ Cooktops in various range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3 Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh.Company has Marketing agreements with Indian Oil Corporation Limited to market, sell, distribute, and promote of LPG Stoves through Indane Distributers to domestic Indane Customers. They also made marketing arrangement with HPCL and BPCL for selling their products to their distributers and customers.Company sell it's product under the brand "Inflame" and Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like “Hindware” and “Avaante”.+ Read More
Contact Details
Inflame Appliances Ltd. AddressKhewat Khatoni No.45/45Khasra No.942/855/1Village Kalyanpur Tehsil-BaddiSolan, Himachal Pradesh, 173205+91-1795-246820info@inflameindia.comVisit Website