Thursday, February 22, 2018

Hindcon Chemicals IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

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Hindcon Chemicals Ltd incorporated in 2007. Hindcon Chemicals is manufacturer, designer and marketer of readymade garments. They have brand names like 'Monteil & Munero', 'Monteil' and 'Calgari'. Their product range includes casual wear for men and women. The company has 18 store/ outlets located in cities like Delhi, Uttar Pradesh and Haryana. Hindcon Chemicals ipo is starting from 31 January and ends on 06 February. The price band is around Rs.10 with 10000 market lot. The ipo size is around 7.73 crore rupees.

IPO Review:
  • Apply for Listing Gain
Hindcon Chemicals IPO Dates & Price Band:
  • IPO Open: 26 February 2018
  • IPO Close: 28 February 2018
  • IPO Size: Approx Rs 07.73 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 28 Per Equity Share
  • Listing on: NSE SME
  • Shares: 2,760,000 
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,12,000
Financial Results:

Rs. in Crore

2014 2015 2016 2017 2018 (H1)
Revenues 30.9 35.0 33.5 34.3 18.1
Expenses 30.4 34.5 32.2 31.2 15.2
PAT 0.3 0.3 0.8 2.1 2.1

Grey Market Premium:
  • The grey market is around Rs.15000 Subject to Sauda.
Hindcon Chemicals IPO Subscription Status:
  • IPO Subscribed 132.29 times overall
Hindcon Chemicals IPO Allotment Status:
Company Promoters:
  • Mr. Sanjay Goenka
  • Mrs. Nilima Goenka
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]

IPO Lead Managers:
  • Hem Securities Limited
Company Address:
Hindcon Chemicals Limited
62/B, Braunfeld Row,
1st Floor,
Phone: +91-033-24490835/39
Fax: +91-033-24490849
Email: [email protected],


  1. Hindcon's issue is at 6 PE against 30 PE of the Industry. Must apply for short/ medium / long term gain.

  2. Admin,
    Pl check for hindcon chemical ipo, wrong data shown at ipo watch