Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Tue, Mar 19, 2013 - Thu, Mar 21, 2013
Lakhotia Polyesters IPO is a fixed price issue of ₹5.08 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹5.08 crore.
Lakhotia Polyesters IPO bidding started from Mar 19, 2013 and ended on Mar 21, 2013. The shares got listed on BSE SME on Apr 3, 2013.
Lakhotia Polyesters IPO price is ₹35 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
Intensive Fiscal Services Pvt.Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areIntensive Softshare Pvt.Ltd., K.M.Jain Stock Brokers Pvt.Ltd..
Refer to Lakhotia Polyesters IPO RHP for detailed Information.
IPO Open
Tue, Mar 19, 2013
IPO Close
Thu, Mar 21, 2013
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹13.09 Cr
| IPO Date | 19 to 21 Mar, 2013 |
| Listed on | Wed, Apr 3, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 14,52,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 2,20,000 shares K.M.Jain Stock Brokers Pvt.Ltd. (agg. up to ₹0.7700 Cr) Intensive Softshare Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 12,32,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 12,32,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 22,88,710 shares |
| Share Holding Post Issue | 37,40,710 shares |
| BSE Script Code | 535387 |
| ISIN | INE191O01010 |
Lakhotia Polyesters IPO comprises a total issue size of 14,52,000 shares. The net offer to the public is 12,32,000 shares, after excluding 2,20,000 shares allotted on a firm basis. Of the Net offer 6,16,000 (50.00%) allocated to NII 6,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,16,000 | 50.00% | 42.42% |
| Retail Shares Offered | 6,16,000 | 50.00% | 42.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,20,000 | 15.15% | |
| Total Shares Offered | 14,52,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
Incorporated in 2005, Lakhotia Polyesters (India) Limited is engaged in the business of yarn manufacturing.
Lakhotia Polyesters produces Polyester Lacqured coated films, Transfer foils and M type metallic yarns, which are appropriate for textile, printing, decoration and packing industry and manufacturing of grey fabrics used in sarees and as interline cloth. The yarns produced by the Company are used for made ups in apparels, hosiery, home furnishings & garment industry.
The Company manufactures and sells metallic yarns, films and grey fabrics under the trade name ‘Lakhotia Polyesters’. Company currently has installed capacity of 450 spindles for metallic yarns with a manufacturing capacity of 144 TPA.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting of long term working capital requirement | 3.60 |
| 2 | General Corporate Purposes | 1.18 |
| KPI | |
|---|---|
| RoNW | 5.46% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 35.36% | 21.64% |
| Market Cap | ₹13.09 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker, market making fees, selling commissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc. and other out of pocket expenses | 0.19 |
| 2 | Printing and Stationery and postage expenses | 0.03 |
| 3 | Advertising and Marketing Expense | 0.03 |
| 4 | Other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹35.80 |
| Low | ₹35.00 |
| High | ₹35.90 |
| Last Trade | ₹35.00 |
Sharex Dynamic (India) Pvt.Ltd.
Lead Manager Reports
Lakhotia Polyesters IPO is a SME IPO of 14,52,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Tue, Mar 19, 2013, and closes on Thu, Mar 21, 2013.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Lakhotia Polyesters IPO using UPI as a payment gateway. Zerodha customers can apply in Lakhotia Polyesters IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lakhotia Polyesters IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lakhotia Polyesters IPO opens on Tue, Mar 19, 2013 and closes on Thu, Mar 21, 2013.
Lakhotia Polyesters IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in Lakhotia Polyesters IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Lakhotia Polyesters IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Lakhotia Polyesters IPO allotment status.
The Lakhotia Polyesters IPO listing date is on Wed, Apr 3, 2013.
