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Inflame Appliances Ltd
Registered Office:
Khewat Khatoni No 45/45,KhasraNo942/855/1 VilKalyanpur,
Solan - 173205,
Himachal Pradesh, India.
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
Skyline Financial Services Pvt
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