Lagnam Spintex Ltd - Prospectus Synopsis

Lagnam Spintex Ltd RHP

Registered Office : A-51/53 RIICO Growth Centre , Hamirgarh Bhilwara , Bhilwara - 311001 , Rajasthan , India.

Phone : 91-014-82 289210  Fax :

Email : rparashar@lagnam.com    Website : www.lagnamspintex.com

Intial public issue of 60,00,000 equity shares of face value of Rs.10/- each fully paid up of Lagnam Spintex Limited (company or issuer) for cash at a price of Rs. 41/- per equity share (including a share premium of Rs.31/- per equity share) aggregating upto Rs. 24.60 Crores (the issue), of which 3,00,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs. 1.23 Crores will be reserved for subscriptions by the market maker to the issue (the market maker Reservation portion). The issue less market maker reservation portion i.e. Issue of 57,00,000 equity shares of the face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs.23.37 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 33.96% and 32.26% respectively of the fully diluted 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. 41/- which is 4.1 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-2018 07-Sep-2018 Rs 41 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 24.6 BOI Merchant Bankers Ltd
Project Financed through Current Offer 24.6  
Post Issue Equity Share Capital 17.67  
Issue Price Rs. 41  
Projects
Part Finance the setting up of Additional Cotton Yarn Manufacturing Facility
Promoted By Listing At Registrar to the Issue
Anand Mangal
Dwarka Prasad Mangal
Lagnam Infotech Solutions PLtd
NSE - SME Bigshare Services Pvt Ltd
 

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