Lagnam Spintex Limited is incorporated in 2010 based in Rajasthan. The company is a manufacturer of yarn. Their yarn used in Denim, Terry Towel, Home Textiles, Industrial Fabrics, etc. Their Bhilwara manufacturing facility spread over 10000 square meters. They have 16.5 tones production capacity of high quality yarns in one day. They export their products to Columbia, South Africa, Italy, Slovenia, China, Pakistan, Bangladesh, Germany, Belgium, Portugal, etc. Lagnam Spintex ipo is starting from 04-September and ends on 07-September. The price band is around Rs.41 with 3000 market lot. The ipo size is around 24.60 crore rupees.
IPO Review:
Lagnam Spintex IPO Important Links:
Company Promoters:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
IPO Lead Managers:
Lagnam Spintex Limited
A-51-53
RIICO Growth Centre
Hamirgarh, Bhilwara
Phone: +91 014 82 289210
Email: rparashar@lagnam.com
Website: http://www.lagnamspintex.com
- Go for Long Term
- IPO Open: 04-September-2018
- IPO Close: 07-September-2018
- IPO Size: Approx Rs 24.60 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.41 Per Equity Share
- Listing on: NSE SME
- Shares: 6,000,000
- Retail Portion: 50%
- Shares: Apply for 3,000 Shares (Minimum Lot Size)
- Amount: Rs.1,23,000
- Basis of Allotment: 14-September-2018
- Refunds: 17-September-2018
- Credit to demat accounts: 18-September-2018
- Listing: 19-September-2018
Rs. in Crore | |||||
Revenue | Expense | PAT | |||
2014 | 42.06 | 40.30 | 1.45 | ||
2015 | 49.83 | 47.97 | 1.58 | ||
2016 | 56.56 | 53.38 | 2.08 | ||
2017 | 75.38 | 69.87 | 3.67 | ||
2018 | 84.54 | 78.82 | 4.68 |
Company Promoters:
- Mr. Dwarka Prasad Mangal
- Mr. Anand Mangal
- Lagnam Infotech Solutions Private Limited
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
IPO Lead Managers:
- BOI Merchant Bankers Ltd
- Holani Consultants Private limited
Lagnam Spintex Limited
A-51-53
RIICO Growth Centre
Hamirgarh, Bhilwara
Phone: +91 014 82 289210
Email: rparashar@lagnam.com
Website: http://www.lagnamspintex.com