Sensex
83,574.15 profit arw 818.64 (0.99%)
Nifty
25,489.60 profit arw 244.85 (0.97%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Laxmipati Engineering Works Ltd
Registered Office: Office Block Plot No 237/2&3, A/25 Central Park Society GIDC, Surat - 394221, Gujarat
Phone: 91-261-2894415/16
Email: admin@sivishipping.com
Website: www.laxmipatiengineering.com
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 promoter's 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
Issue Money Payable On
Opens On Closes On Application Allotment
18-Feb-2014 21-Feb-2014 25.00 0.00
Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0
()Cr. Lead Managers to the Issue
Project Cost 6.86 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.86
Post Issue Equity Share Capital 5.75
Issue Price 25.00
Projects
Working capital requirements
Repay certain unsecured loans availed by us
Promoted By
Manoj Kumar Sarawagi
Listing At
BSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

83,574.15 818.64 (0.99%)

Nifty

25,489.60 244.85 (0.97%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,325.41 -149.27(-0.61%)