
Materials / Basic Materials Sector · NSE
Hindprakash Industries Limited, incorporated in 2008 and based in Ahmedabad, is engaged in manufacturing and trading products such as disperse dyes, reactive dyes, textile auxiliaries, intermediates, and chemicals for industries including specialty chemicals, construction chemicals, textiles, dye intermediates, and dyestuff. The company operates a manufacturing facility in Vatva, Gujarat, supported by a dedicated laboratory and equipped with the required machinery to manage its operations efficiently. It handles the entire production process in-house, covering raw material procurement, inspection, synthesis, drying, blending, packaging, and delivery, and maintains two warehouses for storing raw materials and finished goods, while using third-party transport services for logistics.
Price Band
₹40
Issue Size
₹11.52 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹40
at current GMP
Subscribed
—
Open
15 Jan 2020
Close
17 Jan 2020
Allotment
23 Jan 2020
Refund
24 Jan 2020
Demat Credit
25 Jan 2020
Listing
27 Jan 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,440,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 432,000 | — | 0.00x |
| Retail Individual (RII) | 1,008,000 | — | 0.00x |
| Total | 2,880,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 336 | 336 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 10 | 10 | 1.00x |
| Total Applications | 348 | 348 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
HindPrakash Industries Limited is bringing an initial public offering (IPO) in the Materials / Basic Materials Sector sector with an aggregate issue size of ₹11.52 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-01-25, while un-allotted funds or UPI block mandates will be released on 2020-01-24.
Currently, HindPrakash Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹40 to ₹40 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹40 per equity share.
The HindPrakash Industries Limited IPO aggregate issue size is ₹11.52 Crores with an equity price band set at ₹40 to ₹40 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2020-01-23. Investors can verify status using PAN card or application number.
HindPrakash Industries Limited shares are scheduled to list on NSE on 2020-01-27.