Inflame Appliances Ltd IPO
BSE SMERs 1,08,000 / 2000 Shares
Inflame Appliances Ltd IPO Details
The Inflame Appliances Ltd IPO price band is set between Rs 54 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 6 Mar, 2018 and closes on 8 Mar, 2018. Investors can check the allotment status on 14 Mar, 2018, while the listing date is tentatively scheduled for 16 Mar, 2018.
The total issue size is 12,00,000 Equity Shares of Rs 10/- each at a price of 54/- per share aggregating to 6.48 Cr, aggregating up to . Stay tuned for the latest Inflame Appliances Ltd IPO review and GMP updates.
Inflame Appliances Ltd IPO Review, Rating & Analysis
Inflame Appliances Ltd IPO Review
NO REVIEWInflame Appliances Ltd IPO Rating
Inflame Appliances Ltd IPO Highlights
IPO Date
Mar 6, 2018 - Mar 8, 2018
Listing Date
16 Mar, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 54 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Inflame Appliances Ltd IPO Lot Size
The minimum market lot for Inflame Appliances Ltd IPO is 2000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,80,000 |
Inflame Appliances Ltd IPO Timeline
Issue Price
Rs 54 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Swastika Investmart LtdIssue Size
12,00,000 Equity Shares of Rs 10/- each at a price of 54/- per share aggregating to 6.48 CrPromoters & Share Holding
Promoter(s) Name
- Mr Aditya Kaushik
- Mr Dinesh Kaushik
- Mr Amit Kaushik
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Inflame Appliances Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,68,000 | 5,68,000 | 11,36,000 |
Day 1 -06-03-18 | 64,000 0.11 x | 2,22,000 0.39 x | 2,86,000 0.25 x |
Day 2 -07-03-18 | 98,000 0.17 x | 7,32,000 1.29 x | 8,30,000 0.73 x |
Day 3 -08-03-18 | 6,00,000 1.06 x | 25,30,000 4.45 x | 31,30,000 2.76 x |
Frequently Asked Questions about Inflame Appliances Ltd IPO IPO
When will Inflame Appliances Ltd IPO open for subscription?
The Inflame Appliances Ltd IPO opens on 6 Mar, 2018 and closes on 8 Mar, 2018.
What is the investors portion for Inflame Appliances Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 568000.
How to apply for Inflame Appliances Ltd IPO?
You can apply for Inflame Appliances Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Inflame Appliances Ltd IPO?
The issue size of Inflame Appliances Ltd IPO is approx ₹12,00,000 Equity Shares of Rs 10/- each at a price of 54/- per share aggregating to 6.48 Cr crores.
What is the price band of Inflame Appliances Ltd IPO?
The price band for Inflame Appliances Ltd IPO is Rs 54 Per Equity Share to ₹undefined.
What is the lot size of Inflame Appliances Ltd IPO?
The minimum bid (lot size) for Inflame Appliances Ltd IPO is 2000 shares with an investment of approx Rs 1,08,000 .
What is the allotment date of Inflame Appliances Ltd IPO?
The allotment date for Inflame Appliances Ltd IPO is 14 Mar, 2018.
What is the listing date of Inflame Appliances Ltd IPO?
The listing date for Inflame Appliances Ltd IPO is expected to be 16 Mar, 2018.
What is the GMP of Inflame Appliances Ltd IPO?
The latest Grey Market Premium (GMP) for Inflame Appliances Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
