Lakhotia Polyesters (India) Ltd IPO

Closed

Subscription Details

  • Open Date 19 Mar
  • Close Date 21 Mar
  • Lot Size 4000
  • IPO Size ₹ 5.08 Cr
  • IPO Price Range ₹ 35
  • Min Investment ₹ 140000

Lakhotia Polyesters (India) Ltd IPO Timeline

Open Date
19 Mar
Close Date
21 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 14,52,000 equity shares of Rs. 10/- each (Equity Shares) of Lakhotia Polyesters (India) Limited (LPIL or The Company or The Issuer) for cash at price of Rs. 35/- per share (The Issue Price), aggregating to Rs. 5.08 crores (The Issue), of which, 2,20,000 equity shares of Rs. 10/- each will be reserved for subscription by Market Makers To The issue (The Market Maker Reservation Portion). The issue less the Market Maker Reservation Portion i.e. issue of 12,32,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the Net Issue will constitute 38.82% and 32.93% respectively of the post issue paid up equity share capital of the company. The Face value of equity shares is Rs. 10/-. The issue price is Rs. 35/-. The issue price is 3.50 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Lakhotia Polyesters (India) Ltd IPO

Contact Information

Address

158/159 Samaratha Sahkari Ayd.,
Pimpal-Gaon Tal Niphad,
Nashik, Maharashtra 422209

Lakhotia Polyesters (India) Ltd IPO Lead Manager

Intensive Fiscal Services Pvt Ltd
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