Hindprakash Industries Limited SME IPO
Hindprakash Industries Limited is an Ahmedabad based company, incorporated in 2008. It manufactures Disperse Dyes,Textile auxiliaries, Reactive Dyes,Intermediates and Chemicals. Apart from production, the company also trades its products to multiple industries. Some of the industries are Construction Chemicals, Speciality Chemicals, Dye intermediates, Textiles and Dyestuff.
Hindprakashis situated at Vatva (Gujarat), very well known for formulation, blending, and manufacturing of auxiliaries, dyes and intermediaries.The company has a manufacturing unit and a laboratory for operational efficiency. It is also in possession of all the related types of machinery for optimum business operations.
The complete process, beginning with raw material procurement, inspection, synthesizing, drying, blending to packaging and delivery is fully carried out by the company in-house. HindPrakash Industries Ltd own two warehouses for storing the raw material and finished goods but uses a 3rd party facility for transportation.
Key Strengths of the Company are:
- Quality products at reasonable prices
- Prime location advantage
- Long-term clients
Company Promoters: Mr. Sanjay Prakash Mangal, Mr. Om Prakash Mangal and Mr. Santosh Narayan Nambiar.
Issue Details
| Hindprakash Industries Limited- SME IPO | |
| Issue Open | Jan 15, 2020 - Jan 17, 2020 |
| Issue Size | 2,880,000 Eq Shares of ₹10 (aggregating up to ₹11.52 Cr) |
| Face Value | Rs 10 per Equity Share |
| Issue Price | Rs 40 per Equity Share |
| Market Lot | 3000 Shares |
| Listing At | NSE SME |
|
Objectives |
1. To Meet Working Capital Requirements |
Company Financials
| Particulars | For the year/period ended (in lakh rupees) | ||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 4,813.53 | 3,116.38 | 3,467.16 |
| Total Revenue | 9,799.48 | 8,747.58 | 8,611.78 |
| Profit After Tax | 283.42 | 231.91 | 214.26 |
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