Hindprakash Industries Limited was originally incorporated as a Private Limited Company as 'Hindprakash Lonsen Industries Private Limited' on November 11, 2008. Further, name of the Company was changed to Hindprakash Industries Private Limited on March 14, 2018. Subsequently, the Company converted into a Public Limited Company and the name of Company was changed to 'Hindprakash Industries Limited' on November 29, 2018.
The Company is engaged in the manufacturing and trading of Dyes, Auxiliaries, Intermediates and Chemicals. The Company started its manufacturing unit in 2008 to produce Disperse Dyes, Reactive Dyes and Textile auxiliaries for catering the needs of domestic textile industry. The Company has achieved a steady growth in productivity and has expanded its range of products from dyes to auxiliaries to speciality chemicals. With its wide range of products, the company caters to various industries viz. Dyestuff and Dye intermediates, Textiles, Construction Chemicals, Speciality Chemicals etc.
The Company is located at Vatva i.e. in Gujarat Industrial Development Corporation, an Industrial Estate for manufacturing, blending and formulation of dyes, auxiliaries & intermediaries. The Estate has common effluent treatment plant of which most of the units in the estate are members apart from having their own environmental treatment facilities.
The Company has started its operations to become a leader & frontrunner in dyes & chemical industry by providing the best an ...d innovative quality products. From humble beginnings, the Company integrated all manufacturing activities to achieve operational efficiency and achieved a good position in chemical industry.
On 17 January 2020, Company came up with the IPO of issuing 28,80,000 equity shares of Rs 10 each, and raised Rs 11.52 Crore through fresh issue.
The Company in 2022-23, acquired 5,00,000 equity shares of M/s Hindparagone Polyresins Private Limited and it became an Associate company of the Company effective on January 07, 2023 and similarly, it sold 3,20,000 equity shares of M/s Hindparagone Polyresins Private Limited and ceased to be the associate of the Company w.e.f. 30 September, 2023.
FAQs on Hindprakash Industries Ltd
1. Can I buy Hindprakash Industries Ltd from PL Capital? ›
Yes, you can invest in Hindprakash Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hindprakash Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Hindprakash Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hindprakash Industries Ltd pay dividends? ›
Hindprakash Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Hindprakash Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Hindprakash Industries Ltd. is ₹ 130.7 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hindprakash Industries Ltd ? ›
The 52-week high and low of Hindprakash Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
