Hanung Toys And Textiles Ltd IPO (Hanung IPO) Detail

Sep 28, 2006 - Oct 5, 2006

Hanung Toys and Textiles, HTTL, a USD 45-million (Rs 207 crore) company that manufactures soft toys as well as caters to the home furnishing segment.

Hanung Toys and Textiles Ltd. is planning to raise up to 902.5 million rupees through a public issue of 9.5 million shares. Hanung, which makes stuffed toys, home furnishings and textiles, has fixed the price brand of the issue at 85-95 rupees per share. The proceeds from the issue would be used to set up an integrated textile unit at Roorkee in northern Uttaranchal state.

Hanung IPO Details

IPO Opening Date	Sep 28, 2006
IPO Closing Date	Oct 5, 2006
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹85 to ₹95 per equity share
Market Lot	60 Shares
Min Order Quantity	60 Shares
Listing At	BSE, NSE
Issue Size	9,500,000 Eq Shares of ₹10 (aggregating up to ₹90.25 Cr)

Hanung IPO Lot Size

The Hanung IPO market lot size is 60 shares. A retail-individual investor can apply for up to 35 lots (2100 shares or ₹199,500).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	60	₹5,700
Maximum	35	2100	₹199,500

Hanung IPO Prospectus

Hanung IPO Rating

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Hanung IPO Listing Date

Listing Date	Friday, October 20, 2006
BSE Script Code	532770
NSE Symbol	HANUNG
Listing In
ISIN	INE648H01013
IPO Price	₹95 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹95.00
₹122.00
₹89.55
₹122.00
₹96.45
12,039,884

NSE
₹95.00
₹100.55
₹89.70
₹109.70
₹96.70
10,885,952

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Company Contact Information

Hanung Toys And Textiles Ltd
Hanung Toys And Textiles Limited,
E-93, 2nd Floor, Greater Kailash Enclave, Part I,
New Delhi - 110 048, India.

Phone: +91 120 256 7501
Email: investor@hanung.com
Website: http://www.hanung.com

Hanung IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email:
Website: https://karisma.kfintech.com/

Hanung IPO Lead Manager(s)

Lead Manager Reports

Hanung IPO FAQs

What is Hanung IPO?

Hanung IPO is a main-board IPO of 9,500,000 equity shares of the face value of ₹10 aggregating up to ₹90.25 Crores. The issue is priced at ₹85 to ₹95 per equity share. The minimum order quantity is 60 Shares.

The IPO opens on Sep 28, 2006, and closes on Oct 5, 2006.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Hanung IPO will open?

The Hanung IPO opens on Sep 28, 2006 and closes on Oct 5, 2006.
What is the lot size of Hanung IPO?

Hanung IPO lot size is 60 Shares and the minimum order quantity is 60 Shares.
How to apply for Hanung IPO?

You can apply in Hanung IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Hanung IPO allotment?

The finalization of Basis of Allotment for Hanung IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Hanung IPO allotment status.
When is Hanung IPO listing date?

The Hanung IPO listing date is on Friday, October 20, 2006.

Hanung IPO Message Board

Ranked Members

4. Vikram |May 20, 2007 06:36

Money Time (Monday, May 21 - 27, 2007)

Hanung Toys & Fabrics is being cornered by knowledgeable persons. Its EPS of Rs.11 is likely to go up to Rs.17 plus in FY08 and further to Rs.30 in FY09 on the back of massive expansion of Rs.172 cr. Our first target is Rs.230.

3. Guest |Oct 20, 2006 07:52

Hanung Toys & Textiles to list on 20.10.06

2. Ramesh |Oct 17, 2006 03:01

Price of this issue has been fixed at Rs.95/-.

1. Dhananjay |Sep 29, 2006 09:28

Capital Market Analysis:

Strengths

1. HTTL is the largest player in the organised market of stuffed toys and its co-branding initiatives with Walt Disney Company and Percept Picture Company (for Hanuman) can fuel growth in the domestic market due to the retailing boom in India.

2. The project is to be located in Uttaranchal, where the company enjoys various tax benefits.

Weaknesses

1. The inventory-holding period is around 150-180 days, which is considered to be very high. This is attributed to the fact that the raw material (in case of stuff toys) is imported and the company has to maintain finished goods stock for its buyers. Moreover, of the total expansion of Rs 168 crore, around Rs 48 crore will be used for meeting existing and future working capital requirement. Even though net profit in FY 2006 was Rs 12.98 crore, cash flow from operating activities was a negative Rs 2.07 crore.

2. The capacity utilisation in the home furnishing sector has been 12%, 26% and 53% in FY 2004, FY 2005 and FY 2006, respectively, which is considered to be significantly low.

3. Post expansion, processing facilities will meet only 12% of its fabric requirement in-house as HTTL has a 21,000-meter per day weaving capacity and 1,65,000-meter per day processing capacity.
Chinese competition is a key threat to its business.

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