Hindcon Chemicals Ltd - Prospectus Synopsis

Hindcon Chemicals Ltd RHP

Registered Office : 62B Braunfeld Row , 1st Floor , Kolkata - 700027 , West Bengal , India.

Phone : 91-033-24490835/39  Fax : 91-033-24490849

Email : contactus@hindcon.com    Website : www.hindcon.com

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 Money Payable On
Opens On Closes On Application Allotment
26-Feb-2018 28-Feb-2018 Rs 28 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 7.73 Hem Securities Ltd
Project Financed through Current Offer 7.73  
Post Issue Equity Share Capital 10.24  
Issue Price Rs. 28  
To Meet working capital requirement
Promoted By Listing At Registrar to the Issue
Nilima Goenka
Sanjay Goenka
NSE - SME Link Intime India Pvt Ltd

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