A Baljit Group Venture

IPO DETAILS : Hindprakash Industries Ltd.

Plot No. A2-114 &115, GIDC, Industrial Estate, Phase-II, Vatva, Ahmedabad, Gujarat -

Public Issue of 2880000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 30.00 per share.

Issue Open Date	Issue Closing Date	Application Money	Allotment Money
15/01/2020	17/01/2020	40.00	-

Lead Managers	Registrar	Listed at
HEM SECURITIES LIMITED	Bigshare Services Pvt. Ltd. 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,, Makwana Road, Marol, Mumbai, Maharashtra - 400059 Phone: 62638200 Fax:	NSE

Object of the issue

The Issue includes a Fresh Issue of 28,80,000 Equity Shares of the Company at an Issue Price of Rs 40 per Equity Share.

The Fresh Issue

The Company intends to utilize the Issue Proceeds towards the following objects:

- To Meet Working Capital Requirements,
- General Corporate Purpose,
- To Meet the Issue Expenses.

Project Cost
	(Rs. in Crs.)
ISSUE EXPENSES	0.60
WORKING CAPITAL REQUIREMENTS	8.22
GENERAL CORPORATE EXPS.	2.70
TOTAL COST	11.52

Means of Finance
	(Rs. in Crs.)
PUBLIC ISSUES	11.52
TOTAL COST	11.52

Promoted by

The Promoters of the Company are

1. Mr. Sanjay Prakash Mangal
2. Mr. Om Prakash Mangal
3. Mr. Santosh Narayan Nambiar

1. Mr. Sanjay Prakash Mangal : Mr. Sanjay Prakash Mangal, aged 47 years, is the Managing Director of the Company. He has completed his Bachelor of Commerce (Honors) from Maharshi Dayanand Saraswati University, Ajmer in the year 1993. He has around 24 years of experience. His core management style is collaborative, disciplined and meticulous. He has sophisticated understanding of marketing that enables successful product strategy development with focus on profitability, ability to anticipate market trends, initiate timely development and enhance value in highly competitive and mature markets.

Permanent Account Number : ACJPM2990A
Aadhaar Card Number : 8578 7547 6497
Driving License Number : GJ01 20120064723

2. Mr. Om Prakash Mangal : Mr. Om Prakash Mangal, aged 76 years, is the Promoter and Non-Executive Director of the Company. He plays pivotal role in formulation and implementation of business strategy for growth and expansion of business. He developed and built the business from start up to generate seven figure sales annually and established strong customer base.

Permanent Account Number : AXSPM7946C
Aadhaar Card Number : 6880 2286 7107

3. Mr. Santosh Narayan Nambiar : Mr. Santosh Narayan Nambiar, aged 49 years, is the Whole-Time Director of the company. He has completed his Bachelor of Commerce from Gujarat University in the year 1994. He has around 27 years of experience in Dyes, Chemical and Auxiliaries Industry. He has been on the Board of the Company since its incorporation. He is responsible for International and Domestic sthecing of products and raw materials, export and domestic marketing, market analysis, research and product development and banking & financial management.

Permanent Account Number : ABDPN6872B
Aadhaar Card Number : 4061 3538 4049
Driving License Number : GJ01/158156/08