Hindware Home Innovation Limited Right Issue

₹249.70 Cr BSE, NSE 7 Nov 2024 – 22 Nov 2024

Closed Ratio: 119 : 758 BSE, NSE
HomeRight Issue › Hindware Home Innovation Limited
← Back to List
Issue Price
₹220.00
Face Value
₹2.00
Issue Size (Shares)
11,349,962
Issue Size (₹ Cr.)
₹249.70
📅 Right Issue Timetable
Last Date to Buy SharesThu, Oct 24, 2024
Record DateFri, Oct 25, 2024
Credit of Rights EntitlementsWed, Nov 6, 2024
Bid/Offer Opens OnThu, Nov 7, 2024
Issue Open DateThu, Nov 7, 2024
Renunciation Last DateMon, Nov 18, 2024
Bid/Offer Closes OnFri, Nov 22, 2024
Issue Close DateFri, Nov 22, 2024
Deemed Date of AllotmentWed, Nov 27, 2024
Credit DateMon, Dec 2, 2024
Listing DateWed, Dec 4, 2024
📋 Right Issue Details
Issue Size (Shares)11,349,962
Issue Size (Amount)₹249.70 Cr.
Issue Price₹220.00 per share
Face Value₹2.00 per share
Entitlement Ratio119 : 758
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price will be payable on application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income2,837.192,907.90
EBITDA
Net Worth597.83575.74
Reserves & Surplus592.23568.56

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Lending of fresh loans to Hindware Limited (HL, one of the subsidiaries of the Company) to facilitate them to repay / pre-pay in full or part of secured working capital loans availed by them from Banking institutions;
2Repayment or pre-payment, in full or in part, of all or a portion of certain borrowing availed by the Company.
🏢 About the Company
The company was incorporated on September 28, 2017 as Somany Home Innovation Limited and later renamed as Hindware Home Innovation Limited. It is a major player in the Indian home products and home appliances sector, manufacturing and distributing various products.

The range includes consumer appliances such as kitchen appliances, air coolers, fans and furniture fittings. In the building products segment, the company offers sanitaryware, faucets, high-quality tiles and plastic pipes and fittings.

Through its joint venture Hintastica Private Limited, it also manufactures water heaters and room heaters under the Hindware Atlantic brand. Their key services include product installation, after-sales service, warranty services, spare parts supply and technical support.
📞 Company Contact
CompanyHindware Home Innovation Limited
Address2,
Red Cross Place
Kolkata, 700001
Kolkata, West Bengal, 700001
Phone911244779200
Emailinvestors@hindwarehomes.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390/28460391/28460392
Emailpriya@cameoindia.com
WebsiteVisit ↗