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Lagnam Spintex Ltd. IPO

NSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹41
Issue Price
₹41
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹41
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot · 3,000 shares
Opens
04 Sep
Closed
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
04 Sep 2018
Tue Completed
Done
Close Date
07 Sep 2018
Fri Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
18 Sep 2018
Tue Completed
UPI Deadline: 07 Sep 2018
Issue Details
Pricing & Size
Issue Price
₹41 Face ₹10
Lot Size
3,000 shares
Min Investment
₹123,000
Total Issue Size
60,00,000 shares (aggregating up to ₹24.60 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,00,000 (5.00%)
QIB Portion
-
NII / HNI
28,50,000 (47.50%)
Retail
28,50,000 (47.50%)
Employee
-
Net Offer to Public
57,00,000 shares (aggregating up to ₹23.37 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,16,69,000 shares
Post-Issue Shareholding
1,76,69,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,23,000
HNI / NII 2 6,000 ₹2,46,000
Objects of Issue
1 objectives
1
1 Part finance the setting up of additional cotton yarn manufacturing facility (as under);
125.40 Cr
Lead Managers & Market Maker
Book Running Lead Managers
BOI Merchant Bankers Ltd.
Holani Consultants Pvt.Ltd.
Market Maker
Maverick Share Brokers Pvt.Ltd.
IPO Timeline
Open
04 Sep
✓ Done
Close
07 Sep
✓ Done
Allotment
TBA
Listing
18 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
rparashar@lagnam.com
Phone
+91 014 82 289210
Address
A-51-53 RIICO Growth Centre Hamirgarh Bhilwara, Rajasthan, 311001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹41
Est. Listing
₹41
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 28,50,000 (47.50%) — —
Retail Investors — 28,50,000 (47.50%) — —
Market Maker * 1× 3,00,000 (5.00%) 3,00,000 (5.00%) ₹12.30 Cr
Total ** — 60,00,000 (100.00%) — —
* Based on ₹41.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
28,50,000 (47.50%)
Retail
28,50,000 (47.50%)
Market Maker
3,00,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-1831-Mar-1731-Mar-16
Revenue8454.477358.435656.41
PAT468.49367.09208.50
EBITDA———
Net Worth———
Total Assets3002.192228.771887.35
Reserves———
Borrowings———
About Lagnam Spintex Ltd.

Incorporated in 2010, Rajasthan based Lagnam Spintex Limited is a company engaged in the business of manufacturing of high-quality yarn (Ne 4 to Ne 20). The yarn is used in Denim, Terry Towels, Bottom Wears, Home Textiles and Industrial Fabrics etc.

The manufacturing facility of the Company is situated at Bhilwara District in Rajasthan State. Spread over 10,000 square meters, the facility has the capacity to produce 16.5 tonnes of high-quality yarn per day.

Lagnam Spintex is currently exporting its products to countries like Germany, Belgium, Portugal, Italy, Columbia, South Africa, Slovenia, China, Pakistan, Bangladesh, and others. Exports account for 18.90% of the manufacturing sales of the company.

In the past five years, the company's revenues have increased from INR4,983.41 lakhs in 2014-15 to INR 8,454.47 lakhs in 2017-18 at a CAGR of around 19%. The Net Profit after tax has grown at a CAGR of almost 43% in the last three years.

The company has 79 permanent employees on its payroll.

Frequently Asked Questions
What is the issue price of Lagnam Spintex Ltd. IPO?
The issue price of Lagnam Spintex Ltd. IPO is ₹41 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹123,000.
What are the IPO dates?
Opens 04 Sep 2018, closes 07 Sep 2018.
When is the listing date?
Tentative listing: 18 Sep 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹41 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Lagnam Spintex Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
18 Sep 2018
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹41
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot
Est. Listing
₹41
GMP +₹0
Key Dates
Open
04 Sep Done
Close
07 Sep Done
Listing
18 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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