Laxmi Cotspin Ltd IPO

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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.

Laxmi Cotspin Ltd IPO Subscription Details


Laxmi Cotspin Ltd

Issue Type

Fixed Price - SME

Open Date

17 Mar

Close Date

22 Mar

Offer Price


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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

Laxmi Cotspin Ltd IPO Frequently Asked Questions

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Contact Details of Laxmi Cotspin Ltd IPO

Company Contact Information

Laxmi Cotspin Ltd IPO
GUT No 399 Samangaon-Kajla Rd,
Jalna, Maharashtra 431203.

Phone: 91-9765999633
Email: laxmicotspin@gmail.com

Laxmi Cotspin Ltd IPO Register

Link Intime India Pvt Ltd

Laxmi Cotspin Ltd IPO Lead Manager(s)

  • Hem Securities Ltd

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