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L.P. Naval Engineering Ltd IPO

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Public issue of 27,42,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 25 per equity share (the issue price) (including a share premium of Rs. 15 per equity share) aggregating Rs. 6.86 crores (the issue) by the company, of which 11,58,000 equity shares of Rs. 10 each will be reserved for subscription by the promoter (the promoter contribution) and 1,44,000 equity shares of face value of Rs. 10/- each will be reserved for subcription by market maker to the issue (the market maker reservation portion). The issue less the promoters contribution and the market maker reservation portion i. e. Issue of 14,40,000 equity shares of face value of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 47.67% and 25.03%, respectively of the post issue paid up capital of the company. The issue price is Rs. 25 The issue price is 2.5 times of the face value

L.P. Naval Engineering Ltd IPO Subscription Details

Company

L.P. Naval Engineering Ltd

Issue Type

Fixed Price - SME

Open Date

18 Feb

Close Date

21 Feb

Offer Price

25.00

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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

L.P. Naval Engineering Ltd IPO Frequently Asked Questions

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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Contact Details of L.P. Naval Engineering Ltd IPO

Company Contact Information

L.P. Naval Engineering Ltd IPO
Office Block Plot No 237/2&3,
A/25 Central Park Society GIDC,
Surat, Gujarat 394221.

Phone: 91-261-2894415/16
Email: admin@sivishipping.com

L.P. Naval Engineering Ltd IPO Register

Bigshare Services Pvt Ltd

L.P. Naval Engineering Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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