IPO

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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  • Approve the block request

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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

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Bigshare Services Pvt Ltd

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

  • Pantomath Capital Advisors Pvt Ltd

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