Laxmi Goldorna House Ltd

Laxmi Goldorna House Ltd IPO Details

Laxmi Goldorna House Ltd IPO subscription period from March 20 to March 26, 2020:

The Laxmi Goldorna House Ltd incorporated in 2010. The company involved in wholesale and retail trading of gold jewelry and ornaments business. It also entered in real estate business in 2017. Presently, the company introduced a new Initial Public offering. The IPO subscription period started on 20th March, and it will end on 26th March 2020.

Laxmi Goldorna House Ltd IPO Details:

Bid Period March 20 to March 26, 2020
IPO Type Fixed Price Issue IPO
IPO Size 5,520,000 Eq Shares of Rs 10 (aggregating up to Rs 8.28 cr)
Face Value Rs 10 Per Eq Share
IPO Price Rs 15 Per Eq Share
Market Lot 8000 Shares
Min Order Quantity 8000 Shares
Listing At NSE SME
P/E (X) 39
Market Cap (Rs cr.) 31.31

It is a ‘Fixed Price Issue’ IPO with the face value of Rs 10 per equity share. The size of the issue is 5,520,000 equity shares with an aggregating up to Rs 2.04 crore. Moreover, the price of the IPO is Rs 15 per equity share.

The minimum amount of investment should be Rs 120,000 for a single lot (1 lot= 8000 shares). The Laxmi Goldorna IPO will be listed in NSE SME. 

Promoter Holdings:

The promoters of the IPO are Mr. Jayesh Chinubhai Shah and Mrs. Rupalben Jayeshkumar. 

Pre Issue Share Holding 100%
Post Issue Share Holding 73.54%

The objects of the company, It plans to utilize the raised amount for working capital requirements, general corporate purpose and the IPO expenses. 

Registrar:

KFin Technologies Private Limited

Selenium, Tower B Plot No. 31& 32

Financial District, Nanakarmguda, Serilingampally

Hyderabad 500 032, Rangareddi Telangana, India

Phone: +91 40 6716 2222

Email: laxmi.ipo@kfintech.com

Website: http://www.kfintech.com

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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