Issue Price
₹28
Per Share
GMP
NIL
Grey Market
Est. Listing
₹28
Expected Price
Min. Application
₹224,000
2 lots × 4000 shares
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.
Hindcon Chemicals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 144,000 | — | ₹0.40 Cr | — |
| TOTAL | 2,760,000 | 100.00% | ₹7.73 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹112,000 |
| Retail (Max) | 13 | 52,000 | ₹1,456,000 |
| sNII (Min) | 14 | 56,000 | ₹1,568,000 |
| bNII (Min) | 68 | 272,000 | ₹7,616,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |