Monday, March 05, 2018

Inflame Appliances IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

   
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Inflame Appliances Ltd incorporated in 2017 based in Solan, Himachal Pradesh. Inflame Appliances is a manufacturer of LPG Gas Stoves, Cooktops and Sheet Meta Components. The company has marketing agreement with IOC for the marketing, sell and distribution of LPG stoves to Indane customers. They also have agreement with HPCL and BPCL for selling products to distributors and customers. The company has brand names like Inflame, Hindware and Avaante. Inflame Appliances ipo is starting from 06 March and ends on 08 March. The price band is around Rs.54 with 2000 market lot. The ipo size is around 6.48 crore rupees.

IPO Review:
  • Apply for Listing Gain
Inflame Appliances IPO Dates & Price Band:
  • IPO Open: 06 March 2018
  • IPO Close: 08 March 2018
  • IPO Size: Approx Rs 06.48 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 54 Per Equity Share
  • Listing on: BSE SME
  • Shares: 1,200,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,08,000
Financial Results:

Rs. in Crore

2014 2015 2016 2017 2018 (9M)
Revenues - - 3.92 18.06 25.42
Expenses - - 0.08 0.61 1.05
PAT - - 0.06 0.46 0.80


Grey Market Premium:
  • The grey market is around Rs.8000 Subject to Sauda.
Inflame Appliances IPO Subscription Status:
  • IPO Subscribed 2.61 times overall
Inflame Appliances IPO Allotment Status:
Company Promoters:
  • Mr. Aditya Kaushik
  • Mr. Dinesh Kaushik
  • Mr. Amit Kaushik
Quick Links:
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IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:
  • Swastika Investmart Ltd
Company Address:
Inflame Appliances Ltd
Khewat Khatoni No. 45/45, Khasra No. 942/855/1,
Village Kalyanpur Tehsil-Baddi, Solan - 173205
Phone: +91-1795-246820
Email: [email protected]
Website: http://www.inflameindia.com

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