Laxmi Goldorna House Ltd IPO Details

The Laxmi Goldorna House Ltd incorporated in 2010. The organization associated with discount and retail exchanging of gold gems and trimmings business. It additionally entered in land business in 2017. Directly, the organization presented another Initial Public contribution. The IPO membership period began on twentieth March, and it will end on 26th March 2020.

Laxmi Goldorna House Ltd IPO Details:

Offer Period: March 20 to March 26, 2020

Initial public offering Type: Fixed Price Issue IPO

Initial public offering Size: 5,520,000 Eq Shares of Rs 10 (totaling up to Rs 8.28 cr)

Face Value: Rs 10 Per Eq Share

Initial public offering Price: Rs 15 Per Eq Share

Market Lot: 8000 Shares

Min Order Quantity: 8000 Shares

Posting At: NSE SME

P/E (X): 39

Market Cap:  (Rs cr.) 31.31

It is a 'Fixed Price Issue' IPO with the assumed worth of Rs 10 for every value share. The size of the issue is 5,520,000 value imparts to a conglomerating up to Rs 2.04 crore. Also, the cost of the IPO is Rs 15 for every value share.

The base measure of speculation ought to be Rs 120,000 for a solitary part (1 lot= 8000 offers). The Laxmi Goldorna IPO will be recorded in NSE SME.

Promoter Holdings:

The advertisers 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 organization, It intends to use the raised sum for working capital prerequisites, general corporate reason and the IPO expenses.

Registrar:

KFin Technologies Private Limited

Selenium, Tower B Plot No. 31& 32

Budgetary 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 only data about the IPO. It doesn't offer any guidance or proposal. It would be ideal if you read the offer record cautiously and counsel your consultant before contributing.