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Inflame Appliances Ltd.
Issue Open Date 06-Mar-18  
Issue Closing Date 08-Mar-18  
Application Money 100  
Allotment Money  
Price Band 54 -  
Minimium Application No. 2000  
Issue Size (Shares) 1200000  
Market Lot 1  
Objective
1. To meet Working Capital requirements2. To meet Capital Expenditure3. General Corporate Expenses4. To meet Issue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors       NA  
Qualified Institutional Buyers       NA  
Retail Individual Investors       NA  
Business Description
Our Company was incorporated in the year 2017 by conversion of Partnership firm “M/s. Techno Engineering Corpn.” into theCompany as “Inflame Appliances Limited” under the provision of Companies Act. Our Company is engaged in manufacturing ofLPG Gas Stove/cooktops and Sheet Metal Components. Our manufacturing facilities is situated in State of Himachal Pradesh atKhewat Khatoni No. 45/45, Khasra No. 942/855/1, Village Kalyanpur Tehsil-Baddi, Solan -173205, Himachal Pradesh.Inflame Appliances Limited is an IS 4246:2002 certified company and engaged in manufacturing of LPG Gas Stove/ Cooktops invarious range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh.Additionally our Company has Marketing agreements with Indian Oil Corporation Limited to market, sell, distribute, and promote ofLPG Stoves through Indane Distributers to domestic Indane Customers. This arrangement can be renewed for a further period onmutual consent subject to our Company achieving the expected milestones as referred under the Market agreement. We have alsomade marketing arrangement with HPCL and BPCL for selling our products to their distributers and customers. Since the past yearsthe focus of our Company has been in developing innovative product range under the brand "Inflame"; entering into arrangementswith distributors; tie-up with suppliers; and recruiting a sales team which gives us a launch pad to take us forward. The company isalso manufacturing the Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like “Hindware” and “Avaante”.
Promoter's Holding
Total Share Capital   2800000  
Offered to Public   1200000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   70  
Address
Khewat Khatoni No. 45/45
Khasra No. 942/855/1
Village Kalyanpur Tehsil-baddi
Solan,
Himachal Pradesh,
173205
Phone :
Email : info@inflameindia.com
Website : www.inflameindia.com
Registrar
Skyline Financial Services Pvt Ltd
123
Vinoba Puri
Lajpat Nagar - II

New Delhi
Listed at
BSE
Lead Manager
Swastika Investmart Ltd.
Promoters
Aditya Kaushik
Amit Kaushik
Dinesh Kaushik
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