Lorenzini Apparels IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Lorenzini Apparels Ltd incorporated in 2007. Lorenzini Apparels is manufacturer, designer and marketer of readymade garments. They have brand names like 'Monteil & Munero', 'Monteil' and 'Calgari'. Their product range includes casual wear for men and women. The company has 18 store/ outlets located in cities like Delhi, Uttar Pradesh and Haryana. Lorenzini Apparels ipo is starting from 31 January and ends on 06 February. The price band is around Rs.10 with 10000 market lot. The ipo size is around 4.47 crore rupees.

IPO Review:

• Avoid (Risky)

Lorenzini Apparels IPO Dates & Price Band:

• IPO Open: 31 January 2018
• IPO Close: 06 February 2018
• IPO Size: Approx Rs 04.47 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs 10 Per Equity Share
• Listing on: BSE SME
• Shares: 4,470,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 10,000 Shares (Minimum Lot Size)
• Amount: Rs.1,00,000

Financial Results:

Rs. in Crore
	2013	2014	2015	2016	2017
Revenues	13.16	11.60	14.17	12.11	16.45
Expenses	13.13	11.48	14.12	12.16	16.23
PAT	-0.05	0.12	0.06	-0.03	0.14

Grey Market Premium:

• The grey market is around N/A Subject to Sauda.

Lorenzini Apparels IPO Subscription Status:

• IPO Subscribed 1.62 times overall

Lorenzini Apparels IPO Allotment Status:

• Click Here

Company Promoters:

• Sandeep Jain
• Deepika Jain

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Skyline Financial Services Private Ltd
Fax: +91 – 11 – 30857562
Email: virenr@skylinerta.com
Website: http://www.skylinerta.com
IPO Lead Managers:

• Fedex Securities Limited

Company Address:
Lorenzini Apparels Limited
TA 168 & 187 Ground Floor,
Street No. 2, Tuglakabad Extn,
New Delhi 110019
Phone: 011 40504731
Email: cs@mymonteil.com
Website: http://www.mymonteil.com/