Inflame Appliances Ltd IPO (Inflame Appliances IPO) Detail

Mar 6, 2018 - Mar 8, 2018

Incorporated in 2017, Inflame Appliances Ltd is engaged in manufacturing of LPG Gas Stove/cooktops and Sheet Metal Components. Company's product range includes cooktops, hobs, cooker hoods(Chimneys) and Cooking ranges.

They manufacture Gas Stove/ Cooktops in various range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3 Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh.

Company has Marketing agreements with Indian Oil Corporation Limited to market, sell, distribute, and promote of LPG Stoves through Indane Distributers to domestic Indane Customers. They also made marketing arrangement with HPCL and BPCL for selling their products to their distributers and customers.

Company sell it's product under the brand "Inflame" and Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like “Hindware” and “Avaante”.

Company Promoters:

The promoters of the company are:

1.Mr. Aditya Kaushik,
2. Mr. Dinesh Kaushik and
3. Mr. Amit Kaushik

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	576.31	170.01	1.60	1.87
Total Revenue	1,806.13	391.56	-	-
Profit After Tax	45.85	6.25	-1.31	-1.25

Objects of the Issue:

The object of the issue are:

1. To meet Working Capital requirements;
2. To meet Capital Expenditure;
3. General Corporate Expenses;
4. To meet Issue Expenses.

Inflame Appliances IPO Details

Issue Open	Mar 6, 2018 - Mar 8, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	1,200,000 Eq Shares of Rs 10 (aggregating up to Rs 6.48 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 54 Per Equity Share
Market Lot	2000 Shares
Min Order Quantity	2000 Shares
Listing At	BSE SME

Inflame Appliances IPO Subscription Status (Bidding Detail)

Inflame Appliances IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	568,000	568,000	1,136,000
Mar 7, 2018 17:00	0.17x	1.29x	0.73x

Inflame Appliances IPO Prospectus

› Red Herring Prospectus

Inflame Appliances IPO Rating

4.0

Rating:

Vote Here ...

Inflame Appliances IPO Listing Date

› Listing Date: Friday, March 16, 2018
› BSE Script Code: 541083
› NSE Symbol:
› Listing In: MT
› ISIN: INE464Z01017
› Issue Price: Rs 54 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 54.00
Rs 53.35
Rs 50.70
Rs 53.35
Rs 50.70
316,000

Inflame Appliances IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

Company Contact Information

Inflame Appliances Ltd
Khewat Khatoni No. 45/45, Khasra No. 942/855/1,
Village Kalyanpur Tehsil-Baddi,
Solan -173205
Phone: +91-1795-246820
Fax: NA
Email: info@inflameindia.com
Website: http://www.inflameindia.com

Inflame Appliances IPO Registrar

Skyline Financial Services Private Ltd   »  Report
   D-153A, 1st Floor,
   Okhla Industrial Area, Phase-I,
   New Delhi -110020

Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: virenr@skylinerta.com
Website: http://www.skylinerta.com

Inflame Appliances IPO Lead Manager(s)

Swastika Investmart Ltd » Report

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Inflame Appliances IPO Review / Comments

34. Mutyala Ramalingachowdary May 3, 2018 13:22

Hold 1 lot give suggestion hold or sell 16rs loss per share

33. AGARWAL RAJESH Mar 22, 2018 16:36

issue subscription details not available on bse sme website.
where to see the subscription status?

33.1. AGARWAL RAJESH Mar 22, 2018 16:40

sorry, wrongly posted here.

32. IPOANALYSIS Mar 22, 2018 02:02

1 |

The Market Maker shall fulfill the applicable obligations and conditions as specified in the SEBI (ICDR) Regulations, and its
amendments from time to time and the circulars issued by the BSE and SEBI regarding this matter from time to time.
Following is a summary of the key details pertaining to the Market Making arrangement:
1. The Market Maker(s) (individually or jointly) shall be required to provide a 2-way quote for 75% of the time in a day. The same
shall be monitored by the stock exchange. Further, the Market Maker(s) shall inform the exchange in advance for each and every
black out period when the quotes are not being offered by the Market Maker(s).
2. The prices quoted by Market Maker shall be in compliance with the Market Maker Spread Requirements and other particulars
as specified or as per the requirements of SME Platform of stock exchange and SEBI from time to time.
3. The minimum depth of the quote shall be ` 1,00,000/-. However, the investors with holdings of value less than `1,00,000/- shall
be allowed to offer their holding to the Market Maker(s) (individually or jointly) in that script provided that he sells his entire
holding in that script in one lot along with a declaration to the effect to the selling broker.
4. The Market Maker shall not sell in lots less than the minimum contract size allowed for trading on the SME Platform (in this
case currently the minimum trading lot size is 2000 equity shares; however the same may be changed by the SME Platform of
stock exchange from time to time).
5. After a period of three (3) months from the market making period, the Market Maker would be exempted to provide quote if the
Shares of Market Maker in our company reaches to 25% of Issue Size. Any Equity Shares allotted to Market Maker under this
Issue over and above 25% of Issue Size would not be taken in to consideration of computing the threshold of 25% of Issue Size.

31. RISHIBHA Mar 21, 2018 19:59

Any one tell what is happening here plz

31.1. IPOANALYSIS Mar 21, 2018 23:13

2 |

MAKE A COMPLAINT WITH SEBI
THE MARKET MAKER IS RESPOSIBLE TO BUY SHARES IF NO TRADE, ITS NOT HAPPENING HERE
MAKE SURE NOT TO APPLY IN ANY SWASTIKA ISSUES FROM HERE ON

30. S AGARWAL Mar 19, 2018 12:31

1 |

It is just like Reliance Power end of All IPO`s and Inflame Appliances is end of all SME-IPO`s-that`s all.

29. IPOANALYSIS Mar 16, 2018 18:21

1 |

SEBI IS SLEEPING.

DESPITE NO TRADE HAPPENING BEELINE AND SWASTIKA DID NOT PURCHASE SHARE TODAY

29.1. v for vendetta Mar 17, 2018 00:29

Top Contributor (200+ Posts, 200+ Likes)

Is there any such rule?

28. IPOANALYSIS Mar 16, 2018 12:22

2 |

WATE OF TIME AND ENERGY TO APPLY NEW SME IPO

ITS NOW A BIG FAILURE AS LAST 15 SME IPO ONLY 2 HAVE GIVEN RETURNS.

NOW STOP APPLYIMG NEW SME IPO AND BUY FROM SECONDARY MARKET.

27. Sunder Mar 16, 2018 11:00

NOW @ 50.70 LOWER CIRCUIT 5% DOWN

26. S Patel Mar 16, 2018 09:50

listing at 53.35

25. S Patel Mar 16, 2018 09:39

https://www.bseindia.com/stock-share-price/-/inflame/541083/

current price Rs. 50

24. RISHIBHA Mar 15, 2018 09:09

Listing kab hai ???

24.1. saasipo Mar 15, 2018 20:53

listing tomorrow

23. dpcdsl Mar 14, 2018 00:15

Top Contributor (200+ Posts, 100+ Likes)

Allotment status can be checked at
http://www.skylinerta.com/ipo.php

22. saasipo Mar 13, 2018 20:06

allotment out. u can check

21. NPP Mar 13, 2018 19:03

Allotment kab hai ?
Any listing gain ?

20. Carn Mohan Mar 9, 2018 14:45

2 |

IPO Mentor (600+ Posts, 200+ Likes)

I don''t apply but i think 5,7 % up or at par listing.

19. DownriteVJ Mar 8, 2018 15:01

1 |