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Hanung Toys And Textiles Ltd IPO (Hanung IPO) Detail

September 28, 2006 - October 5, 2006

Hanung IPO is a book built issue of Rs 90.25 crores.

Hanung IPO bidding started from September 28, 2006 and ended on October 5, 2006. The shares got listed on BSE, NSE on October 20, 2006.

Hanung IPO price band is set at ₹85 to ₹95 per share. The minimum lot size for an application is 60 Shares. The minimum amount of investment required by retail investors is ₹5,700.

Anand Rathi Securities Limited and Karvy Investor Services Limited are the book running lead managers of the Hanung IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Hanung IPO RHP for detailed information.

Hanung IPO Details

IPO Date September 28, 2006 to October 5, 2006
Listing Date October 20, 2006
Face Value ₹10 per share
Price Band ₹85 to ₹95 per share
Lot Size 60 Shares
Total Issue Size9,500,000 shares
(aggregating up to ₹90.25 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue15,687,925
Share holding post issue25,187,925

Hanung IPO Lot Size

Investors can bid for a minimum of 60 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 60 ₹5,700
Retail (Max) 35 2100 ₹199,500
Lot Size Calculator

Hanung IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue 62.28%

About Hanung Toys And Textiles Ltd

Hanung Toys and Textiles, HTTL, a USD 45-million (Rs 207 crore) company that manufactures soft toys as well as caters to the home furnishing segment.

Hanung Toys and Textiles Ltd. is planning to raise up to 902.5 million rupees through a public issue of 9.5 million shares. Hanung, which makes stuffed toys, home furnishings and textiles, has fixed the price brand of the issue at 85-95 rupees per share. The proceeds from the issue would be used to set up an integrated textile unit at Roorkee in northern Uttaranchal state.

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Hanung IPO Prospectus

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Hanung IPO Listing Details

Listing Date October 20, 2006
BSE Script Code 532770
NSE Symbol HANUNG
ISIN INE648H01013
Final Issue Price ₹95 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹95.00
₹122.00
₹89.55
₹122.00
₹96.45
NSE
₹95.00
₹100.55
₹89.70
₹109.70
₹96.70

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Hanung Toys And Textiles Ltd Contact Details

Hanung Toys And Textiles Ltd
Hanung Toys And Textiles Limited,
E-93, 2nd Floor, Greater Kailash Enclave, Part I,
New Delhi - 110 048, India.
Phone: +91 120 256 7501
Email: investor@hanung.com
Website: http://www.hanung.com

Hanung IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/

Hanung IPO - Buy or Not

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Hanung IPO FAQs

Hanung IPO is a main-board IPO of 9,500,000 equity shares of the face value of ₹10 aggregating up to ₹90.25 Crores. The issue is priced at ₹85 to ₹95 per share. The minimum order quantity is 60 Shares.

The IPO opens on September 28, 2006, and closes on October 5, 2006.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Hanung IPO opens on September 28, 2006 and closes on October 5, 2006.

Hanung IPO lot size is 60 Shares, and the minimum amount required is ₹5,700.

You can apply in Hanung IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Hanung IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Hanung IPO allotment status.

The Hanung IPO listing date is on October 20, 2006.
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Hanung IPO Message Board

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4 Comments

4. Vikram |   Link |  Bookmark |May 20, 2007 7:36:53 AM
Money Time (Monday, May 21 - 27, 2007)

Hanung Toys & Fabrics is being cornered by knowledgeable persons. Its EPS of Rs.11 is likely to go up to Rs.17 plus in FY08 and further to Rs.30 in FY09 on the back of massive expansion of Rs.172 cr. Our first target is Rs.230.
3. Guest |   Link |  Bookmark |October 20, 2006 8:52:07 AM
Hanung Toys & Textiles to list on 20.10.06
2. Ramesh |   Link |  Bookmark |October 17, 2006 4:01:44 AM
Price of this issue has been fixed at Rs.95/-.
1. Dhananjay |   Link |  Bookmark |September 29, 2006 10:28:49 AM
Capital Market Analysis:

Strengths

1. HTTL is the largest player in the organised market of stuffed toys and its co-branding initiatives with Walt Disney Company and Percept Picture Company (for Hanuman) can fuel growth in the domestic market due to the retailing boom in India.

2. The project is to be located in Uttaranchal, where the company enjoys various tax benefits.


Weaknesses

1. The inventory-holding period is around 150-180 days, which is considered to be very high. This is attributed to the fact that the raw material (in case of stuff toys) is imported and the company has to maintain finished goods stock for its buyers. Moreover, of the total expansion of Rs 168 crore, around Rs 48 crore will be used for meeting existing and future working capital requirement. Even though net profit in FY 2006 was Rs 12.98 crore, cash flow from operating activities was a negative Rs 2.07 crore.

2. The capacity utilisation in the home furnishing sector has been 12%, 26% and 53% in FY 2004, FY 2005 and FY 2006, respectively, which is considered to be significantly low.

3. Post expansion, processing facilities will meet only 12% of its fabric requirement in-house as HTTL has a 21,000-meter per day weaving capacity and 1,65,000-meter per day processing capacity.
Chinese competition is a key threat to its business.