Hindcon Chemicals Ltd , engaged in manufacturing wide range of chemical products , proposes to open its initial public offer (IPO) of up to 27,60,000 Equity Shares of face value of Rs. 10 each for cash at price of Rs. 28 per Equity Share, aggregating up to 7.73 Cr , on 26 February   2018 at the NSE Emerge platform. The issue will close on 28 February 2018. The net proceeds from the IPO will be utilized for meeting working capital requirements, general corporate and issue expenses.   The Lead Manager to the Issue is Hem Securities Limited, a leader in SME IPOs and the Registrar to the Offer is Link Intime India Private Limited. Hindcon Chemicals, incorporated in 1998, has been in the business of construction chemicals for the last 20 years. The Company has over 100 products in its portfolio with main foray into sodium silicate, waterproofing additives, plasticizers etc. The Company has its manufacturing facility located in Howrah which has an installed capacity of 30,00

Navi Mumbai, February 2 1 , 2018:  For the first time, people of Navi Mumbai are set for a unique movie night experience at their favorite Seawoods Grand Central Mall. SGC, known for its ‘Out of the Box’ ways of consumer engagement, is all set to soar entertainment experience to new heights with ‘Movie Night’. Popular Hollywood movie ‘TOP GUN’, featuring the all time legend Tom Cruise, will be viewed on a 30ft giant LED screen on 24 th  February at 10 PM. Guests will be treated to one of the most convenient ways of movie watching – relaxing on a bean bag. The entire set up will be developed at the mall atrium. To make Movie Nights a holistic experience, there are several prizes and contests which will be hosted during the screening of the movie. ‘TOP GUN’ shall be the theme for both these contests, where people in thematic dresses will stand a chance to win exciting vouchers. SGC will also play a quiz to test the knowledge of the patrons about this old classic.

Financial Highlights Q3FY18   - 3 months ending 30 Dec 2017   (in INR Cr) FY2018 – 9 months ending   30 Dec 2017 (In INR Cr) FY2017 – 12 months ending 31 March 2017 (In INR Cr) Total Revenue 39.56 97.81 110.14 PAT 5.62 12.10 8.09 PBIT 10.03 21.93 15.59 D&A 0.56 1.44 1.85 EBITDA 10.59 22.37 17.44 EBITDA Margin 26.76% 22.87% 15.80% Net Profit Margin 14.18% 12.37% 7.35% Share India Securities Ltd, a leading knowledge and technology driven stock broker, has reported strong financial performance for the third quarter ended 30 December 2017 . The Company’s net profit for Q3FY18 stood at Rs. 5.62 crore and total revenue stood at Rs39.55 crore.   For the 9 month ending Dec 30, 2017 Company’s PAT stood at 12.10 crore and total revenue stood at 97.81 crore.   The Company had reported

The Equity Shares of VASA Retail and Overseas Ltd , engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, surged 20 percent to Rs 36, post the listing on NSE Emerge platform. Gaurav Jain, Director, Hem Securities, Rahil Vasa, Vinod Ambani, President, Reliance Industries Ltd and Hardik Vasa, CMD, Vasa Retail ​​, Ringing the Gong Lead Managers to the issue Mr Gaurav Jain & Mr Prateek Jain, Directors, Hem Securities, said “We are delighted to have received such a staggering investor response to this IPO which came at an opportune time with right valuations. The Company’s maiden public issue generated record demand among this year’s SME public issues and was subscribed over 206 times.   It’s good to see the SME IPO investors continue to reap bumper returns in 2018 as well from the fundamentally good quality companies that are poised for accelerated growth” Kajal Vasa, Hardik Vasa,   Vinod Ambani(RIL) Rachna Bhusari  (N

The Finance Minister in his last full budget focused strongly on infrastructure, health, education, agriculture and rural sector.   Ice Make Refrigeration Limited (Ice Make) would rate this as a strongly positive budget for agriculture, food processing, dairy , and cold chain logistic and storage sector. The Budget is prudently focused on improving farm income through heavy investments into rural infrastructure and social welfare areas like education, health, affordable housing, sanitation and social security. All these measures are likely to significantly reduce farmer distress levels and increase disposable income in the hands of rural population, both from agriculture and non-agriculture activities. Rural population was one of the biggest winners of this budget, with a sharp increase in MSP, heavy investment in agricultural markets and health protection in addition to increased focus on education and other social welfare schemes. Some of the key measures announced by FM

Mr Abhinav Gupta, President, Capital Market, Share India Securities Ltd, says " Imposition of LTCG at 10% was on expected lines even as market was expecting increase of holding period to 3 years instead of imposition of tax. However, having said that market was factoring in some level of taxation for long term holders of 1 years in equity segment. The budget now leads to low benefit of holding a stock for more than 1 year which should lead to higher trading by market participants. The tax would impact sentiment in negative effect which would be completely priced in over the course of next few days. This would certainly reduce the flow of domestic money through SIP route in second half of the year " This budget in its perfect sense is a Roti-Kapada and Kisaan budget. The move to cut corporate taxes to 25 % for companies with turnover less than Rs 250 crore is great, will benefit MSMEs and enable them to have higher working capital and investment capex ,which is much

The Initial  Public  Offer of   VASA Retail and Overseas Ltd , engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, received an overwhelming response from the investors. The public issue which opened for subscription on Jan 24, 2018, was oversubscribed by 206 times. The HNI and Retail portion subscribed 175.93 and 261.24 times respectively on the last day, as per data available on NSE Emerge platform. Vasa Retail and Overseas Ltd public issue of up to 16, 00,000 Equity Shares of face value of Rs. 10 each for cash at price of Rs. 30 per Equity Share, aggregating up to 480 lakhs, will list on NSE Emerge.   The net proceeds from the IPO will be utilized for meeting working capital requirements, general corporate and issue expenses.  The Lead Manager to the Issue is Hem Securities Limited, a leader in SME IPOs and the Registrar to the Offer is Bigshare Services Pvt. Ltd. About VASA Retail and Overseas Ltd Incorporated on

VASA Retail and Overseas Ltd , engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, proposes to open its public issue of up to 16, 00,000 Equity Shares of face value of Rs. 10 each for cash at price of Rs. 30 per Equity Share, aggregating up to 480 lakhs , on 24 January 2018 on NSE Emerge. The issue will close on 29 January 2018. The net proceeds from the IPO will be utilized for meeting working capital requirements, general corporate and issue expenses.  The Lead Manager to the Issue is Hem Securities Limited, a leader in SME IPOs and the Registrar to the Offer is Bigshare Services Pvt. Ltd. For the fiscal year ended on March 31, 2017, March 31, 2016 and March 31, 2015 the total revenue of the Company stood at Rs. 2355 lakhs Rs. 2163 lakhs and Rs. 1868 lakhs respectively. Further, Company’s PAT for the fiscal year ended on March 31, 2017, 2016 and 2015 as per Restated Financial Statements were Rs. 91 Lakhs, Rs. -0.14 l

Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling solutions equipment, has received a revision in rating from BBB Minus ( Triple B Minus) to BBB Plus (Triple B Plus) from CARE Ratings. The revised rating indicates stable and positive business outlook of the company. Care Ratings in its report said “The revision in ratings for Ice Make Refrigeration Limited factors in the healthy growth in its total operating income (TOI) during FY17, improvement in its operating profitability and debt coverage indicators. The revision also factors in the sizeable fund raised by Ice Make through its IPO (concluded in November 2017), the proceeds of which are expected to be utilized by Ice Make for its capex and working capital requirements, without resorting to major additional debt in the medium term. The ratings continue to derive strength from long standing experience of promoters into refrigeration equipment manufacturing industry coupled