Inflame Appliances Ltd
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It is a Solan based company,which is engaged in manufacturing of LPG Gas Stove /Cooktops and sheet metal components.It has manufacturing plant situated in state of Himachal Pradesh. Inflame Appliances Limited is an IS 4246:2002 certified company
Date of establishment: Inflame appliances Limited was established in 2010.
Product & Service Offering: product range includes cooktops, hobs, cooker hoods (Chimneys)
Promoters of Inflame appliances ltd.: Mr Aditya Kaushik, Mr Dinesh Kaushik and Mr Amit Kaushik are the promoters of Inflame appliances ltd
Customer segment: The Company has an agreement with Indian Oil Corporation Limited (IOCL) to market, sell, distribution, and promotion of LPG Stoves through Indane distributers. They have similar arrangement with HPCL and BPCL.
Objects of the Issue: The objects of the Offer is to:-
- To Finance Working Capital requirements
- To Finance General corporate expense
- To finance capital expenditure
- To finance issue expenses
Company Financials:
FY2016 |
FY2017 |
Upto 20 Jan 2018 |
|
Total assets |
170 |
576.31 |
1069.32 |
Total revenue |
391.6 |
1,806.1 |
2,542.4 |
Total expenses |
8.4 |
61.2 |
104.8 |
Profit after tax |
6.3 |
45.9 |
80.4 |