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Incorporated in 1998, Hindcon Chemicals Limited is engaged in manufacturing of chemicals particularly for construction industry. They offer Waterproofing additives, Plasticisers and Super Plasticisers, Tile Adhesives, Sealant Products, Floor Topping products, Epoxy Grout & Mortar and Cleaning Compound chemicals etc under brand names Hind Anti Rust, Hind Block Fix, Hind Crete Plus - WPM, Hind Fix TA, Hind Hydraproof Ceramic, Hind Plasto Guard and Hind Sealant.
They also provide waterproofing and rehabilitation jobs on works contract basis. Company's customers includes Larsen & Toubro Ltd., Gammon India Ltd., BGR Energy Systems Ltd., Hindustan Construction Company Ltd., Jaiprakash Associates Ltd., Patel Engineering Ltd, SEW Infrastructure Ltd. Company's manufacturing facility is located at Howrah, West Bengal which has an existing installed capacity of 30,000 MT per year.
The object of the issue are to:
1. To Meet Working Capital Requirement
2. To meet General Corporate Expenses
3. To meet Issue Expenses
| Hindcon Chemicals IPO Date | Feb 26, 2018 to Feb 28, 2018 |
| Hindcon Chemicals IPO Face Value | ₹10 per share |
| Hindcon Chemicals IPO Price | ₹28 per share |
| Hindcon Chemicals IPO Lot Size | 4000 Shares |
| Issue Size | 2,760,000 shares of ₹10 (aggregating up to ₹7.73 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The object of the issue are to: 1. Mr. Sanjay Goenka and |
The Hindcon Chemicals IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹112,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹112,000 |
| Maximum | 1 | 4000 | ₹112,000 |
Sudden jump in bottom line on a static top line is surprising and raising concern. However, based on performance it appears a lucrative bet. Investment may be considered for long term.
Read detail review...
Hindcon Chemicals IPO Recommendation by Members Hindcon Chemicals IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
The Hindcon Chemicals IPO is subscribed times on Feb 28, 2018 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| Total |
| Listing Date | Friday, March 9, 2018 |
| BSE Script Code | |
| NSE Symbol | HINDCON |
| Listing In | |
| ISIN | INE642Y01011 |
| IPO Price | ₹28 per share |
| Face Value | ₹10 per share |
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Hindcon Chemicals Limited
62/B, Braunfeld Row,
1st Floor,
Kolkata
Phone: 033-24490835/39
Email: contactus@hindcon.com,
Website: http://www.hindcon.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: hindcon.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Hindcon Chemicals IPO is a SME IPO of 2,760,000 equity shares of the face value of ₹10 aggregating up to ₹7.73 Crores. The issue is priced at ₹28 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Feb 26, 2018, and closes on Feb 28, 2018.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Hindcon Chemicals IPO opens on Feb 26, 2018 and closes on Feb 28, 2018.
Hindcon Chemicals IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Hindcon Chemicals 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.
The finalization of Basis of Allotment for Hindcon Chemicals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Hindcon Chemicals IPO allotment status.
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