Laxmi Cotspin Ltd - Prospectus Synopsis

Laxmi Cotspin Ltd RHP

Registered Office : GUT No 399 Samangaon-Kajla Rd , Samangaon , Jalna - 431203 , Maharashtra , India.

Phone : 91-9765999633  Fax :

Email : laxmicotspin@gmail.com    Website : www.laxmicotspin.com

Public offer of 48,00,000 equity shares of a face value of Rs. 10 each (the equity shares) of Laxmi Cotspin Limited (LCL or the company) for cash at a price of Rs. 20 per share (the offer price), aggregating to Rs. 9.60 crores (the offer), of which, 2,40,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 45,60,000 equity shares of Rs. 20 each is hereinafter referred to as the net offer through an offer for sale by the selling shareholders as defined in the section Definitions and abbreviation) aggregating up to Rs. 9.12 crores (the offer). The offer and the net offer will constitute 27.99 % and 26.59%, respectively of the post offer paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price is Rs. 20. The offer price is 2.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-2017 22-Mar-2017 Rs 20 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 0.79 Hem Securities Ltd
Project Financed through Current Offer 9.6  
Post Issue Equity Share Capital 17.15  
Issue Price Rs. 20  
Projects
Listing fees on Stock Exchanges
Promoted By Listing At Registrar to the Issue
Bhavesh Patel
Sanjay Rathi
Shivratan Mundada
NSE - SME Link Intime India Pvt Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit