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IPO HCIN Network Ltd

  • Pre Issue Shares

    1,28,76,800

  • No. of Shares Issued

    55,00,000

  • Pre Issue Equity Amt.

    ₹12.88 Cr

  • DP Filling Date

    14 November 2024

HCIN Network Ltd IPO Timeline

HCIN Network Limited was originally incorporated as 'HCIN Network Private Limited', on August 2, 2019 vide Certificate of Incorporation issued by the Registrar of Companies, Central Registration Centre, Delhi. Company was converted into a Public Limited Company and the name of the Company was changed from 'HCIN Network Private Limited' to 'HCIN Networks Limited' vide fresh Certificate of Incorporation dated August 22, 2024 issued by the Registrar of Companies, Central Processing Center, Delhi. The Company was established with an object to offer Internet Leased Line, IT Managed Services, IT System Integration, IT Security and Data Centre Solutions under the brand of 'Hi-COM'.

HCIN Network Ltd IPO Details

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Company PromotersVikas, Shalini

Company Financials

HCIN Network Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-20212.213.470.03
03-20201.180.920.05
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Setting up of New Units Data Centers and point of presence (PoPs)
  • To meet incremental working capital requirements
  • Full or paer repayment and or prepayment of loan
  • General corporate purposes

HCIN Network Ltd IPO Prospectus

HCIN Network Ltd IPO Listing Date

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Face Value10

Company Contact Information

HCIN Network Ltd
STS-524 5th Flr DLF Star TowerSector 30 NH-8 Silokhra II,Gurgaon-122001
Phone: +91-98805 77817
Email: cs@hicomindia.com
Website: www.hicomindia.in

HCIN Network Ltd IPO Registrar

Phone:+91 810 811 4949;
Email: ipo@maashitla.com
Website: www.maashitla.com

HCIN Network Ltd IPO Lead Manager(s)

  1. Swastika Investmart Ltd