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graph-market IPO

Inflame Appliances Ltd

Registered Office: Khewat Khatoni No 45/45,KhasraNo942/855/1 VilKalyanpur, Solan - 173205, Himachal Pradesh, India.
Phone : 91-1795-246820   Fax:
Email :  info@inflameindia.com  
Website :  www.inflameindia.com

Initial public issue of 12,00,000 equity shares of face value of Rs.10 each ("equity shares") of Inflame Appliances Limited ("the company" the "issuer") fthe cash at a price of Rs. 54.00 per equity share (including a share premium of Rs. 44.00 per equity share) ("issue price") aggregating to Rs. 6.48 Crores ("issue") of which 64,000 equity shares of face value of Rs.10.00 each fthe a cash price of Rs. 54.00 per equity share, aggregating to Rs. 0.35 Crores will be reserved fthe subscription by market maker ("market maker reservation pthetion"). The issue less the market maker reservation pthetion i.e. Issue of 11,36,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 54.00 per equity share aggregating to Rs. 6.13 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 30.00% and 28.40%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 54.00. The issue price is 5.4 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Mar-18 08-Mar-18 54.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 6.48 Swastika Investmart Ltd
Project Financed through Current Offer 6.48  
Post Issue Equity Share Capital 4.00  
Issue Price 54.00  

Projects

  • Working capital requirements
  • Capital expenditure
  • General corporate expenses

Promoted By

Aditya Kaushik

Dinesh Kaushik

Amit Kaushik

Listing At

BSE - SME

Registrar to the Issue

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