Hindcon Chemicals Ltd

- Hem Securities Ltd

Initial public issue of 27,60,000 equity shares of face value of Rs. 10 each (equity shares) of Hindcon Chemicals Limited (company or issuer) for cash at a price of Rs. 28.00 per equity share (including a share premium of Rs. 18.00 per equity share) (issue price) aggregating to Rs. 7.73 crores (issue) of which 1,44,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 28.00 per equity share, aggregating to Rs. 0.40 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 26,16,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 28.00 per equity share aggregating to Rs. 7.32 crores (the net issue). The issue and the net issue will constitute 26.96% and 25.55%, respectively of the post issue paid up equity share capital of the company.The Face Value of the equity shares is Rs. 10 each and the issue price is Rs. 28.00 each. The Issue price is 2.8 times of the face value.

  • Issue

    • Opens On26 Feb 2018
    • Closes On28 Feb 2018
  • Money Payable On

    • Application28
    • Allotment0
  • Project Cost (Cr.)7.73
  • Post Issue Equity Share Capital (Cr.)10.24
  • Issue Price (D)28

Further Multiples of: 4000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Link Intime India Pvt Ltd

    62B Braunfeld Row 1st Floor Kolkata

    West Bengal- 700027

    Phone - 91-033-24490835/39

    Fax - 91-033-24490849

    Email - contactus@hindcon.com

    Website - www.hindcon.com

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