Lexus Granito (India) Ltd IPO


IPO Subscription Details

  • Open Date 09 Aug
  • Close Date 11 Aug
  • Lot Size 3000
  • IPO Size ₹ 25.92 Cr
  • IPO Price Range ₹ 45
  • Min Investment ₹ 135000

IPO Synopsis

Initial public offer consisting of fresh issue of 57,60,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 45 per equity share (The Issue Price)(including a share premium of Rs. 35 per equity share) aggregating Rs. 25.92 crores (The Issue), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs.45 per equity share, aggregating Rs. 1.35 crores will be reserved for subscription by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. issue of 54,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs.24.57 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 30.00% and 28.45% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.45/- and is 4.5 times the face value of the equity shares.

How to apply for 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 Lexus Granito (India) Ltd IPO

Contact Information

Survey No.800 Opp. Lakhdhirpur,
Village NH 8A Tal. Morbi,
Rajkot, Gujarat 363642

Lexus Granito (India) Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd

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