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Lawreshwar Polymers IPO is a fixed price issue of ₹13.94 crores. The issue is entirely a fresh issue of 0.87 crore shares of ₹13.94 crore.
Lawreshwar Polymers IPO bidding started from Feb 5, 2007 and ended on Feb 8, 2007. The shares got listed on BSE on Mar 19, 2007.
Lawreshwar Polymers IPO price is ₹16.00 per share . The lot size for an application is 400. The minimum amount of investment required by an individual investor (retail) is ₹6,400 (400 shares). The lot size investment for sNII is 32 lots (12,800 shares), amounting to ₹2,04,800, and for bNII, it is 157 lots (62,800 shares), amounting to ₹10,04,800.
Ashika Capital Ltd. is the book running lead manager and Maheshwari Datamatics Pvt.Ltd. is the registrar of the issue.
Refer to Lawreshwar Polymers IPO RHP for detailed Information.
| IPO Date | February 5, 2007 to February 8, 2007 |
| Listing Date | March 19, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹16 per share |
| Lot Size | 400 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 87,13,205 shares (aggregating up to ₹13.94 Cr) |
| Reserved for Private Promoter | 24,62,500 shares (aggregating up to ₹4 Cr) |
| Net Offered to Public | 62,50,705 shares (aggregating up to ₹10.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Share Holding Pre Issue | 49 shares |
| Share Holding Post Issue | 1 shares |
Lawreshwar IPO offers total 62,50,000 shares. Out of which 31,25,000 (50.00%) allocated to NII, 31,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| NII (HNI) Shares Offered | 31,25,000 (50.00%) | NA |
| Retail Shares Offered | 31,25,000 (50.00%) | 7,812 |
| Total Shares Offered | 62,50,000 (100.00%) |
Lawreshwar Polymers IPO opens on February 5, 2007, and closes on February 8, 2007.
| IPO Open Date | Mon, Feb 5, 2007 |
| IPO Close Date | Thu, Feb 8, 2007 |
| Tentative Listing Date | Mon, Mar 19, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Feb 8, 2007 |
Investors can bid for a minimum of 400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹6,400 |
| Retail (Max) | 31 | 12,400 | ₹1,98,400 |
| S-HNI (Min) | 32 | 12,800 | ₹2,04,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1994, Lawreshwar Polymers Ltd (LPL) is leading manufacturer of canvas shoes, lightweight hawai chappals & EVA Injection footwear.
The Company has successfully established its brand name "LEHAR" in the footwear market.
Lawreshwar has an annual installed capacity of 75 Lac pairs of Hawai Chappals, 12 Lac pairs of Canvas shoes and 9.87 Lac pairs of EVA Injected footwear. Company manufactures a variety of footwear like light weight fancy slippers, PVC and TPR footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes.
| KPI | Values |
|---|---|
| RoNW | 7.27% |
The Company Lawreshwar IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Land & Building | 41.27 |
| 2 | Plant & machinery/Moulds/Equipments | 99.92 |
| 3 | Working Capital Requirements | 36.10 |
| 4 | Preliminary/ Public Issue Expenses | 12.12 |
| Listing Date | March 19, 2007 |
| BSE Script Code | 532829 |
| NSE Symbol | |
| ISIN | INE976H01018 |
| Final Issue Price | ₹16 per share |
| BSE Listing Group | B1 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹16.00 |
| Open | ₹15.90 |
| Low | ₹13.55 |
| High | ₹17.75 |
| Last Trade | ₹14.00 |
Lawreshwar Polymers Ltd.
Lawreshwar Polymers Limited,
A-243 (A), Road No. 6 V K I Area,
Jaipur – 302013 Rajasthan, India.
Jaipur, Rajasthan
Phone: +91-141- 5104901
Email: info@leharfootwear.com
Website: http://www.leharfootwear.com/
Maheshwari Datamatics Pvt.Ltd.
Phone: 033 22435029 / 22482248
Email: mdpl@cal.vsnl.net.in
Website: http://www.mdpl.in
Lawreshwar Polymers IPO is a main-board IPO of 87,13,205 equity shares of the face value of ₹10 aggregating up to ₹13.94 Crores. The issue is priced at ₹16 per share. The minimum order quantity is 400.
The IPO opens on February 5, 2007, and closes on February 8, 2007.
Maheshwari Datamatics Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Lawreshwar Polymers IPO using UPI as a payment gateway. Zerodha customers can apply in Lawreshwar Polymers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lawreshwar Polymers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lawreshwar Polymers IPO opens on February 5, 2007 and closes on February 8, 2007.
Lawreshwar Polymers IPO lot size is 400, and the minimum amount required for application is ₹6,400.
You can apply in Lawreshwar Polymers 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 Lawreshwar Polymers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lawreshwar Polymers IPO allotment status.
The Lawreshwar Polymers IPO listing date is on Monday, March 19, 2007.
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