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Public offer of 48,00,000 equity shares of a face value of Rs. 10 each (the equity shares) of Laxmi Cotspin Limited (LCL or the company) for cash at a price of Rs. 20 per share (the offer price), aggregating to Rs. 9.60 crores (the offer), of which, 2,40,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 45,60,000 equity shares of Rs. 20 each is hereinafter referred to as the net offer through an offer for sale by the selling shareholders as defined in the section Definitions and abbreviation) aggregating up to Rs. 9.12 crores (the offer). The offer and the net offer will constitute 27.99 % and 26.59%, respectively of the post offer paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price is Rs. 20. The offer price is 2.0 times of the face value.
Company
Laxmi Cotspin Ltd
Issue Type
Fixed Price - SME
Open Date
17 Mar
Close Date
22 Mar
Offer Price
20.00
Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.
You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.
Stove Kraft IPO will open on January 25, 2021.
Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.
Shares of Stove Kraft will be getting allotted on 02nd February,2021.
Stove Kraft Shares will be getting listed on 05 February, 2021.
Here is the minimum investment calculation of Stove Kraft IPO Lot size – 38 * Issue Price ₹385 = ₹14,630 Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.
No, one bank account one IPO application is allowed.
Cut off Price for Stove Kraft IPO is ₹14,630
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