IPO

Lagnam Spintex Ltd IPO

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Intial public issue of 60,00,000 equity shares of face value of Rs.10/- each fully paid up of Lagnam Spintex Limited (company or issuer) for cash at a price of Rs. 41/- per equity share (including a share premium of Rs.31/- per equity share) aggregating upto Rs. 24.60 Crores (the issue), of which 3,00,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs. 1.23 Crores will be reserved for subscriptions by the market maker to the issue (the market maker Reservation portion). The issue less market maker reservation portion i.e. Issue of 57,00,000 equity shares of the face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs.23.37 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 33.96% and 32.26% respectively of the fully diluted 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 is Rs. 41/- which is 4.1 times of the face value of the equity shares.

Lagnam Spintex Ltd IPO Subscription Details

Company

Lagnam Spintex Ltd

Issue Type

Fixed Price - SME

Open Date

04 Sep

Close Date

07 Sep

Offer Price

41.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Lagnam Spintex Ltd IPO

Company Contact Information

Lagnam Spintex Ltd IPO
A-51/53 RIICO Growth Centre,
Hamirgarh Bhilwara,
Bhilwara, Rajasthan 311001.

Phone: 91-014-82 289210
Email: rparashar@lagnam.com

Lagnam Spintex Ltd IPO Register

Bigshare Services Pvt Ltd

Lagnam Spintex Ltd IPO Lead Manager(s)

  • BOI Merchant Bankers Ltd
  • Holani Consultants Pvt Ltd

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