Lagnam Spintex Ltd was Founded in 2010 and EBIDTA positive since inception. our company is an ISO 9001:2015 certified Company engaged in the business of manufacture of high quality open end yarn for domestic and export market ranging from count Ne 4 to Ne 20 which is used in Denim, Terry Towels, Bottom Wears, Home Textiles and Industrial Fabrics etc.
The manufacturing facility of Our Company is situated at A- 53, RIICO Growth Centre, Hamirgarh of Bhilwara District in Rajasthan State and spreads over 10,000 square meters. Our Company has at present an installed capacity of 1,920 rotors for cotton yarn having capacity to produce16.5 tonnes per day of high quality yarn. We have continuously expanded and modernized our facilities in line with the industry trend. Our plant is equipped with modern and automatic plant and machinery. The level of advancement determines the productivity of machines and labour, which in turn, determines the production, operating cost and profitability of Our Company.
Our Company is presently exporting cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovania, Columbia, China, Pakistan, Bangladesh and others. We supply to customers, who are in fields like apparel and garment industry, industrial fabrics, towels, Denims etc. At present, Our Company is exporting its products to countries, which are expected to grow in forthcoming times thereby offering more scope for Our Company to develop new markets and to increase our presence accordingly.
The manufacturing facility of Our Company is situated at A- 53, RIICO Growth Centre, Hamirgarh of Bhilwara District in Rajasthan State and spreads over 10,000 square meters. Our Company has at present an installed capacity of 1,920 rotors for cotton yarn having capacity to produce16.5 tonnes per day of high quality yarn. We have continuously expanded and modernized our facilities in line with the industry trend. Our plant is equipped with modern and automatic plant and machinery. The level of advancement determines the productivity of machines and labour, which in turn, determines the production, operating cost and profitability of Our Company.
Our Company is presently exporting cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovania, Columbia, China, Pakistan, Bangladesh and others. We supply to customers, who are in fields like apparel and garment industry, industrial fabrics, towels, Denims etc. At present, Our Company is exporting its products to countries, which are expected to grow in forthcoming times thereby offering more scope for Our Company to develop new markets and to increase our presence accordingly.
Lagnam Spintex Ltd IPO Details
|
|
---|---|
Issue Open | 04-09-2018 |
Issue Close | 07-09-2018 |
Allotment Date | 13-09-2018 |
Unblocked Amount | 14-09-2018 |
Listing Date | 18-09-2018 |
Issue Share | 60,00,000 Total Equity Share 3,00,000 Reserved by Market Maker 57,00,000 Equity Share |
Issue Size | ₹ 24.60 Cr |
IPO Price Band | ₹ 41 |
Minimum Share Bid | 3000 |
Minimum Investment Amount [Rs] | ₹ 1,23,000 |
Face Value | ₹ 10 |
Retail Allocation | 50% |
Listing On | NSE SME |
Lagnam Spintex Ltd IPO Gray Market Value
|
|
---|---|
Latest Update | 05-09-2018 : 10:00 AM |
Kostak Price [As Per Market View] | 700 |
Premium [Per Share] [As Per Market View] | - |
Expected Listing Gain [Subject to Sauda] | 9000 |
Lagnam Spintex Ltd IPO Financial details [in Rs, Cr]
|
|||
---|---|---|---|
Financial Year | Total Revenue | Total Expenses | Profit After Tax |
FY-2013 | - | - | - |
FY-2014 | 42.06 | 40.30 | 1.44 |
FY-2015 | 49.83 | 47.96 | 1.57 |
FY-2016 | 56.56 | 23.38 | 2.08 |
FY-2017 | 75.38 | 69.87 | 3.67 |
FY-2018 | 84.54 | 78.81 | 4.68 |
- | - | - | - |
Lagnam Spintex Ltd IPO Valuation Details
|
|
---|---|
Earnings Per Share [EPS] | ₹ 4.15 |
Price/Earnings [P/E] Ratio | 9.68 |
Return on Net Worth [RoNW] | 17.72 % |
Net Asset Value [NAV] | ₹ 23.42 Per Share |
Lagnam Spintex Ltd IPO Subscription Details
|
|||
---|---|---|---|
As on Date | QIB/NII | RII | Total |
Shared Offred | 28,50,000 | 28,50,000 | 57,00,000 |
Day-1 [04-09-2018] | 8,37,000 [0.29] | 7,17,000 [0.25] | 15,54,000 [0.27] |
Day-2 [05-09-2018] | 10,35,000 [0.36] | 24,27,000 [0.85] | 34,62,000 [0.61] |
Day-3 [06-09-2018] | 12,15,000 [0.43] | 57,93,000 [2.03] | 70,08,000 [1.23] |
Day-4 [07-09-2018] | 1,22,19,000 [4.28] | 1,60,89,000 [5.65] | 2,83,08,000 [4.97] |
Lagnam Spintex Ltd IPO Grey Market Premium
|
---|
Check Grey Market Premium :- Click Here |
Lagnam Spintex Ltd IPO Allotment Status
|
---|
Check Allotment Status :- Click Here |
Live Subscription for Lagnam Spintex Ltd IPO
|
---|
Check Live Subscription :- Click Here |
Download Lagnam Spintex Ltd IPO DRHP & ASBA e-Forms
|
---|
Download DRHP :- Click Here to Download Download e-Forms NSE:- Click Here to Download |
Lagnam Spintex Ltd IPO Recommendations
|
---|
Live IPO Team Recommendation:- Neutral |
Lagnam Spintex Ltd IPO Contact Details
|
---|
Lagnam Spintex Limited
A-51-53 RIICO Growth Centre Hamirgarh, Bhilwara-311001 Rajasthan, India Phone No. +91 014 82 289210 Email id:- rparashar@lagnam.com Website:- www.lagnamspintex.com |
Registrar of Lagnam Spintex Ltd IPO
|
---|
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road, Marol, Andheri (East), Mumbai – 400 059 Tel No.: +91 22 6263 8200 Fax No.: +91 22 6263 8299 Email: ipo@bigshareonline.com Website:www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Ashok Shetty SEBI Registration No.: INR000001385 |
Lead Managers of Lagnam Spintex Ltd IPO
|
---|
Holani Consultants Pvt. Ltd
401 - 405 & 416 - 418, 4th Floor, Soni Paris Point, Jai Singh Highway, Bani Park, Jaipur- 302016 Rajasthan Tel No:- +91 0141-2203995 Fax No:- +91 0141-220259 Email Id:- ipo@holaniconsultants.co.in Website:- www.holaniconsultants.co.in Contact Person:- Mr. Bharat Mantri SEBI Registration No:- INM000012467 BOI Merchant Bankers Ltd Star House-II, Ground Floor, Plot No. C-4, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai, Maharashtra-400051 India Tel No:- 022-61312906 Email Id:-info@boimb.com Website:- www.boimb.com Contact Person:- Mr. Siddhesh Hajare SEBI Registration No:- INM000012201 |
0 Response to "Lagnam Spintex Ltd IPO"
Post a Comment