Inflame Appliances Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

06 Mar 2018

Close Date

08 Mar 2018

Allotment

14 Mar 2018

Listing Date

16 Mar 2018

Exchange

BSE SME

Price Band

₹54

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹54

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

12,00,000 shares (aggregating up to ₹6.48 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

28,00,000 shares

Promoters

Post-IPO Holding

40,00,000 shares

Promoters

UPI Deadline

2018-03-08

Mandate

Anchor AllotmentMon, 05 Mar 2018

Basis of AllotmentWed, 14 Mar 2018

Refund InitiationThu, 15 Mar 2018

Demat CreditThu, 15 Mar 2018

Listing DayFri, 16 Mar 2018

UPI Mandate Deadline2018-03-08

Sale TypeFresh Capital

Net Offer to Public11,36,000 shares (aggregating up to ₹6.13 Cr)

Market Maker Quota64,000 shares (aggregating up to ₹0.3456 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Inflame Appliances Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Mar 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	64,000	—	₹0.35
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,200,000	100%	₹6.48

IPO Shares Offered

Inflame Appliances Ltd. IPO total issue size: ₹6.48 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	64,000	₹0.35	5.33%
Total	1,200,000	₹6.48	100.00%

* Based on upper price band ₹54 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹54.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹216,000
Retail (Max — 13 Lots)	13	26,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,344,000

* Issue Price ₹54 × Lot Size 2,000 shares

IPO Schedule

Anchor

05 Mar 2018

✓ Done

IPO Open

06 Mar 2018

✓ Done

IPO Close

08 Mar 2018

✓ Done

Allotment

14 Mar 2018

✓ Done

Refunds

15 Mar 2018

✓ Done

Demat Credit

15 Mar 2018

✓ Done

Listing Day

16 Mar 2018

✓ Done

₹54.00

INR · BSE

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Issue ₹54.00 Live Price

About Inflame Appliances Ltd.

Incorporated in 2017, Inflame Appliances Ltd is engaged in manufacturing of LPG Gas Stove/cooktops and Sheet Metal Components. Company's product range includes cooktops, hobs, cooker hoods(Chimneys) and Cooking ranges.They manufacture Gas Stove/ Cooktops in various range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3 Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh.Company has Marketing agreements with Indian Oil Corporation Limited to market, sell, distribute, and promote of LPG Stoves through Indane Distributers to domestic Indane Customers. They also made marketing arrangement with HPCL and BPCL for selling their products to their distributers and customers.Company sell it's product under the brand "Inflame" and Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like “Hindware” and “Avaante”.

Objects of the Issue

1 Working Capital Requirements

2 Capital Expenditure

3 General Corporate Expenses

Inflame Appliances Ltd. Financials (Amount in Lakhs)

Revenue from Operations

N/A

31-Mar-15

₹391.6

31-Mar-16

₹1,806.1

31-Mar-17

Profit After Tax (PAT)

-₹1.3

31-Mar-15

₹6.3

31-Mar-16

₹45.9

31-Mar-17

Particulars	31-Mar-17	31-Mar-16	31-Mar-15
Revenue from Operations	1806.13	391.56	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	45.85	6.25	-1.31
Net Worth	N/A	N/A	N/A
Total Assets	576.31	170.01	1.60
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered12,00,000 (100.00%)

Net Offer to Public11,36,000 shares (aggregating up to ₹6.13 Cr)

Reserved for Market Maker64,000 shares (aggregating up to ₹0.3456 Cr)

Pre-Issue Promoter Holding28,00,000 shares

Post-Issue Promoter Holding40,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

virenr@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Swastika Investmart Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Inflame Appliances Ltd. IPO subscribed? ▲

Inflame Appliances Ltd. IPO is subscribed 1.00 times by Mar 08, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Inflame Appliances Ltd. IPO retail subscription status? ▼

The Inflame Appliances Ltd. IPO retail category is subscribed 1.00 times as of 08 Mar 2018. The retail portion is oversubscribed.

How to subscribe Inflame Appliances Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 06 Mar 2018 and closes 08 Mar 2018. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2018-03-08.

How many times Inflame Appliances Ltd. IPO subscribed? ▼

The Inflame Appliances Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Inflame Appliances Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Mar 2018. Refunds: on 15 Mar 2018.

When Inflame Appliances Ltd. IPO will be listed? ▼

The Inflame Appliances Ltd. IPO listing date is 16 Mar 2018, Friday. Listed on: BSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Inflame Appliances Ltd. IPO close? ▼

The Inflame Appliances Ltd. IPO closes on 08 Mar 2018, Thursday. UPI mandate: 2018-03-08. Allotment: 14 Mar 2018. Listing: 16 Mar 2018.

Quick Actions

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Live Price LIVE

Last Price₹54.00

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Issue Price₹54.00

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Quick Summary

StatusListed

Issue Price₹54

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹54

Subscribed1.00x

Open Date06 Mar 2018

Close Date08 Mar 2018

Allotment14 Mar 2018

Listing Date16 Mar 2018

ExchangeBSE SME

UPI Deadline2018-03-08