Hindcon Chemicals Limited IPO

Hindcon Chemicals Limited Profile

Hindcon Chemicals Limited IPO Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
Hindcon Chemicals Limited IPO

HINDCON CHEMICALS LTD (Earlier known as Hind Silicates Pvt Ltd.) was incorporated in 2000.  Its chemical production roots date back to as early as 1947, with its parent company Hind Chemicals producing Sodium Silicate within the installed capacity of 1800 MT per Annum from its Dum Dum plant. As it now stands, the Hind Silicates factory at Jalan Industrial Complex is equipped with a production capacity of 25000 MT per Annum, not to mention that more than 6 decades of concrete experience in the field. A full-fledged laboratory conforming to the respective I.S. Standards has been set up, enabling the issue of Test Certificates as and when necessary. Hindcon Chemicals is a biologically friendly company. Its take great care in preserving the surrounding by implementing environmentally safe methods of production.

They have implemented various waterproofing and repair rehabilitation work with great satisfaction of clients. Some of their Major Clientele includes companies like l&t construction, metro railway, and cementation limited, Emami Ltd. gannon Dunkerley & Co. Ltd, Mapex infrastructure Pvt Ltd, valecha engineering ltd, druk green power corporation limited –Bhutan, & Bengal Unitech universal Unitech Pvt. Ltd. They accept all types of Repair & Retrofitting for Residential Houses, Waterproofing Works, Schools, Malls, Manufacturing Plants, Hotel, Commercial buildings and Industrial Epoxy flooring jobs, etc.

Hindcon Chemicals Limited Promoters: The Promoters of the company are:

  1. Mr. Sanjay Goenka and
  2. Mrs. Nilima Goenka

Hindcon Chemicals Limited IPO details:

Symbol: HINDCON

Issue Size: Public issue of 27,60,000 Equity Shares (including Market Maker reservation portion of 1,44,000 equity shares)

Face Value: Rs 10

Price Range: Rs 28

Issue Type: Fixed Price

Bid Lot: 4000 Equity Shares and in multiples thereof.

Minimum Order Quantity: 4000 Equity Shares

Issue Period: 26-February-2018 to 28-February-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar: Link Intime India Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Hindcon Chemicals Limited Financials:

                      Hindcon Chemicals’  financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 H1 FY2018
Total revenue 30.9 30.9 35.0 33.5 34.3 18.1
Total expenses 30.5 30.4 34.5 32.2 31.2 15.2
Profit after tax 0.3 0.3 0.3 0.8 2.1 2.1

Hindcon Chemicals Limited IPO Subscription Details:

Total Issue Size 2760000
Total Bids Received 355352000
Total Bids Received at Cut-off Price  –
No. of times issue is subscribed 128.75

* Last updated  on 28-Feb-2018 16:15:01 IST

Bid Details for  HINDCON as on 28-Feb-2018 16:15:01 IST

Sr. No Category No of shares bid for
 1  Qualified Institutional Buyers(QIBs)  2,00,000
 2  Non Institutional Investors  20,24,88,000
 3  Retail Individual Investors(RIIs)  15,26,64,000
 4  Employees  –
   Total 35,53,52,000

Hindcon Chemicals Limited Allotment Status:


Hindcon Chemicals Limited IPO Allotment Date:  N/A

Hindcon Chemicals Limited IPO Listing Date: N/A

You can check your allotment status using your PAN number.

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