Lorenzini Apparels Ltd - Prospectus Synopsis

Lorenzini Apparels Ltd RHP

Registered Office : C-64 Okhla Industrial Area , Phase-I , New Delhi - 110020 , New Delhi , India.

Phone :   Fax :

Email : cs@mymonteil.com    Website : www.mymonteil.com

Public issue of 44,70,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Lorenzini Apparels Limited (The Company or LAL or the issuer) for cash at a price of Rs. 10/- per equity share (issue price) aggregating to Rs. 4.47 crores (the issue) of which 2,30,000 equity shares aggregating to Rs. 0.23 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 42,40,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 10.00 per equity share aggregating to Rs. 4.24 crores is herein after referred to as the net issue. The issue and the net issue will constitute 44.09% and 41.82%, 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 of Rs. 10.00 is 1.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Jan-2018 06-Feb-2018 Rs 10 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
  Rs Cr Lead Managers to the Issue
Project Cost 4.47 Fedex Securities Ltd
Project Financed through Current Offer 4.47  
Post Issue Equity Share Capital 10.14  
Issue Price Rs. 10  
Funding of working capital requirements of the company
Promoted By Listing At Registrar to the Issue
Deepika Jain
Sandeep Jain
BSE - SME Skyline Financial Services Pvt

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