IPO Synopsis

Inflame Appliances Ltd
Registered Office: Khewat Khatoni No 45/45,KhasraNo942/855/1 VilKalyanpur,Solan-173205, Himachal Pradesh
Tel. No: 91-1795-246820
Fax No:
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-2018 08-Mar-2018 ₹54.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ 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