Hindcon Chemicals IPO vs Inflame Appliances IPO

Comparison between Hindcon Chemicals IPO and Inflame Appliances IPO.

IPO Details

Hindcon Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Inflame Appliances IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Hindcon Chemicals IPO is up to ₹7.32 Cr whereas the issue size of the Inflame Appliances IPO is up to ₹6.13 Cr. The final issue price of Hindcon Chemicals IPO is ₹28.00 per share and of Inflame Appliances IPO is ₹54.00 per share.

 Hindcon Chemicals IPOInflame Appliances IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹28.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size26,16,000 shares11,36,000 shares
Fresh Issue Size (Amount)up to ₹7.32 Crup to ₹6.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,16,000 shares11,36,000 shares
Issue Size Total (Amount)up to ₹7.32 Crup to ₹6.13 Cr

IPO Timetable

Hindcon Chemicals IPO opens on Feb 26, 2018, while Inflame Appliances IPO opens on Mar 06, 2018. The closing date of Hindcon Chemicals IPO and Inflame Appliances IPO is Feb 28, 2018, and Mar 08, 2018, respectively.

 Hindcon Chemicals IPOInflame Appliances IPO
Issue OpenFeb 26, 2018Mar 06, 2018
Issue CloseFeb 28, 2018Mar 08, 2018
Basis Of Allotment (Tentative)Mar 06, 2018Mar 13, 2018
Listing date (Tentative)Mar 09, 2018Mar 16, 2018

Financials & KPIs

Hindcon Chemicals IPO P/E ratio is , as compared to Inflame Appliances IPO P/E ratio of .

 Hindcon Chemicals IPOInflame Appliances IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets29.5625.6224.2325.18
Total Income18.1334.2533.4534.96
Profit After Tax2.192.060.860.34
NET Worth17.0414.8512.7911.93
Reserves and Surplus9.5613.3611.3010.44
Total Borrowing6.424.995.258.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended20 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets10.695.761.700.02
Total Income25.4218.063.92
Profit After Tax0.800.460.06-0.01
NET Worth3.190.790.290.01
Reserves and Surplus0.44
Total Borrowing0.840.720.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.13%100.00%
Promoter Shareholding (Post-Issue)62.18%70.00%
Market Cap₹28.67 Cr.₹21.60 Cr.

Shares Offered

In the Hindcon Chemicals IPO Retail Individual Investors (RII) are offered 13,08,000 shares while in Inflame Appliances IPO retail investors are offered 13,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Hindcon Chemicals IPO and 0 shares in Inflame Appliances IPO.

 Hindcon Chemicals IPOInflame Appliances IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,44,000 shares64,000 shares
QIB0 shares0 shares
NII13,08,000 shares5,68,000 shares
RII13,08,000 shares5,68,000 shares
Employee0 shares0 shares
Total26,16,000 shares11,36,000 shares

Bids Received (Subscription)

Hindcon Chemicals IPO subscribed 137.63x in total, whereas Inflame Appliances IPO subscribed 2.35x.

 Hindcon Chemicals IPOInflame Appliances IPO
NII (times)154.85x0.37x
RII (times)120.41x4.33x
Total (times)137.63x2.35x

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