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IPO Synopsis

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IPO

Laxmi Goldorna House Ltd
Initial Public Issue of 55,20,000 equity shares of face value of Rs. 10 each ("equity shares") of Laxmi Goldorna House Limited ("the company" or "issuer") for cash at a price of Rs. 15 per equity share (including a share premium of Rs. 5 per equity share) ("issue price") aggregating to Rs. 8.28 Crores ("issue") of which 2,88,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 15 per equity share, aggregating to Rs. 0.43 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 52,32,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 15 per equity share aggregating to Rs. 7.85 Crores (is hereinafter referred to as the ônet issueö). The issue and the net issue will constitute 26.45% and 25.07%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 15. The issue price is 1.5 times of the face value. Minimum Application Size of 8000 equity shares.
Issue
Opens On Closes On
20-Mar-20 03-Apr-20
Money Payable On
Application Allotment
15.00 0.00
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000
Cr Lead Managers to the Issue
Project Cost (.Cr) 8.28 Beeline Broking Ltd
Project Financed through Current Offer (.Cr) 8.28  
Post Issue Equity Share Capital (.Cr) 20.87
Issue Price () 15.00
Projects
To Meet Working Capital Requirement
General Corporate Expenses
Promoted By
Jayesh Chinubhai Shah
Rupalben Jayeshkumar Shah
Listing At
NSE - SME
Registrar to the Issue
No Data Available