HGI Automotives Limited IPO Details

SME

HGI Automotives IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

The Lead Managers for HGI Automotives IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Nirbhay Capital Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the HGI Automotives Limited DRHP.

HGI Automotives IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
Share holding post issue
Total Issue Size
shares
Fresh Issue
shares
Offer for Sale
shares
DRHP Status
Filed with Exchange

HGI Automotives IPO Lot Size

ApplicationLotsSharesAmount
To be announced

HGI Automotives IPO Reservation

Promoter Holding

Pre Issue:-
Post Issue:-

Documents

HGI Automotives IPO Valuations

ROE:62.13%
ROCE:37.03%
DEBT/EQUITY:2.37
RONW:48.31%
PAT MARGIN:7.07%

HGI Automotives Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets73.9745.8136.27
Total Income122.2599.7984.22
Profit After Tax8.583.642.12
EBITDA18.5410.387.42
NET Worth17.769.275.96
Reserves and Surplus16.307.894.25
Total Borrowing42.6627.3922.64
Amount in ₹ Crore

About HGI Automotives IPO

Incorporated in 1998, HGI Automotives Limited is manufacturer of the non-ferrous pressure die cast components.

The company specializing in High-Pressure Die Casting, Machining and painting of non-ferrous components catering to various entities in the automotive, agriculture and white goods.

The company product portfolio encompasses a diverse range of Aluminium & Zinc components such as Inside Rear View Mirror, Base Frames for Mirror, Brackets for Wiper, Housing, Engine parts, Brake parts, FFD, PCB Cover, Manifold, Pump Body, Starter motor & Pulleys/Inner Hub for washing machine and Head covers for compressor, etc.

The company design and manufacture customised automotive components for their customers which gets either assembled at the respective OEM’s or at the Tier-1 which assembled for the OEM’s. Their  manufacturing units, are located in Faridabad.

Strength Of HGI Automotives IPO

To be announced

Risk Of HGI Automotives IPO

To be announced

Objectives HGI Automotives IPO

1. Prepayment or repayment of outstanding secured borrowings availed by the Company

2. Meeting Capex Requirement for purchasing plant and machinery

3. General Corporate Purpose

Company Contact Details

HGI Automotives Ltd.
Plot No. 19,
Sector-58,
Faridabad, Haryana, 121001
Phone: +91-8800195569
Email: info@hgiautomotives.com
Website: http://www.hgiautomotives.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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