Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
LT Overseas IPO is a book build issue .
LT Overseas IPO bidding started from Nov 27, 2006 and ended on Nov 30, 2006. The shares got listed on BSE, NSE on Dec 18, 2006.
LT Overseas IPO price band is set at ₹56.00 per share . The lot size for an application is 125. The minimum amount of investment required by an retail is ₹6,250 (125 shares). The lot size investment for sNII is 29 lots (3,625 shares), amounting to ₹2,03,000, and for bNII, it is 143 lots (17,875 shares), amounting to ₹10,01,000.
IL&FS Investsmart Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to LT Overseas IPO RHP for detailed Information.
| IPO Date | November 27, 2006 to November 30, 2006 |
| Listing Date | December 18, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹50 to ₹56 per share |
| Issue Price Final | ₹56 per share |
| Lot Size | 125 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,52,33,386 shares |
| Share Holding Post Issue | 2,22,69,100 shares |
LT Overseas IPO opens on November 27, 2006, and closes on November 30, 2006.
| IPO Open Date | Mon, Nov 27, 2006 |
| IPO Close Date | Thu, Nov 30, 2006 |
| Tentative Listing Date | Mon, Dec 18, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Nov 30, 2006 |
Investors can bid for a minimum of 125 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 | 125 | ₹7,000 |
| Retail (Max) | 28 | 3,500 | ₹1,96,000 |
| S-HNI (Min) | 29 | 3,625 | ₹2,03,000 |
| S-HNI (Max) | 142 | 17,750 | ₹9,94,000 |
| B-HNI (Min) | 143 | 17,875 | ₹10,01,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1965, LT Overseas is in the business of milling, processing and marketing of branded & non-branded rice and manufacturing of rice food products in the domestic and overseas market. Their operations involve contract farming, procurement, storage, processing, packaging and distribution. LT Overseas also engaged in research & development to add value to rice and rice food products. Their product portfolio comprises brown rice, white rice, steamed rice, parboiled rice, organic rice, quick cooking rice, value added rice and flavored rice in the ready to cook segment.
LT Overseas has presence in more than 35 countries including USA, Canada, UK and the European Union. LT Overseas has ISO 9000:2001, HACCP and the SQF certification in quality.
LT Overseas owns 19 brands. Daawat Basmati Rice is one of the very popular brand among Basmati Rice all over the world.
| KPI | Values |
|---|---|
| RoNW | 20.27% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Expansion, Automation and Modernization at Sonepat plant, Haryana
A. To set up a new Parboiled rice (sella) processing and milling capacity.
B. To set up a new milling line for producing value added rice.
C. To add balancing equipments and Automation of existing facility.
D. To set up Silos and Flat storage facility.
2. Generating power for captive consumption.
| Listing Date | December 18, 2006 |
| BSE Script Code | 532783 |
| NSE Symbol | DAAWAT |
| ISIN | INE818H01012 |
| Final Issue Price | ₹56 per share |
LT Overseas Ltd.
L.T. Overseas Limited
A 21, Green Park,
Main Aurobindo Marg, New Delhi-110 016
Delhi, New Delhi
Phone: +91-11-26859244
Email: ipo@ltoverseas.com
Website: http://www.LTOverseas.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
LT Overseas IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹56 per share. The minimum order quantity is 125.
The IPO opens on November 27, 2006, and closes on November 30, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in LT Overseas IPO using UPI as a payment gateway. Zerodha customers can apply in LT Overseas IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in LT Overseas IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The LT Overseas IPO opens on November 27, 2006 and closes on November 30, 2006.
LT Overseas IPO lot size is 125, and the minimum amount required for application is ₹7,000.
You can apply in LT Overseas 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 LT Overseas IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the LT Overseas IPO allotment status.
The LT Overseas IPO listing date is on Monday, December 18, 2006.
Useful Articles
RHP