Laxmi Goldorna IPO is all about to make its debut on 20 March 2020, with an issue size of 8.28CR. Laxmi Goldorna House Limited was founded in 2010 and specializes in the wholesale and retail selling of gold jewelry and ornaments. It also launched a real estate company in 2017. As a result, Laxmi Goldorna House also works on real estate-related projects to build homes and businesses.
The company’s registered office is in Ahmedabad’s Manek Chowk neighborhood. The company has a broad selection of goods, including different types of gold jewelry and other j made to suit local tastes. It lacks a production facility, and third parties design and create the jewelry.
INDUSTRY OVERVIEW
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Laxmi Goldorna IPO Details
| IPO Date | Mar 20, 2020 to Apr 3, 2020 |
| Listing Date | Thursday, April 16, 2020 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Issue Size | 5,520,000 shares of ₹10(aggregating up to ₹8.28 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| P/E (x) | 39 |
| Market Cap (₹ Cr.) | 31.31 |
Laxmi Goldorna IPO Listing Date
| Listing Date | Thursday, April 16, 2020 |
| BSE Script Code | |
| NSE Symbol | LGHL |
| Listing In | ST Group of Securities |
| ISIN | INE258Y01016 |
| IPO Price | ₹15 per share |
| Face Value | ₹10 per share |
Company Financials
| Particulars | For the year/period ended (Rs in Lakh) | ||||
| 30-Sept-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 4,294.28 | 3,943.94 | 3,879.01 | 1,028.52 | |
| Total Revenue | 3,877.66 | 7,344.97 | 6,977.25 | 5,242.52 | |
| Profit After Tax | 40.16 | 66.82 | 44.06 | 58.05 |
Objects of the Issue
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue of Expenses
Laxmi Goldorna IPO Prospectus
Company Contact Information
Laxmi Goldorna House Ltd
Laxmi House, Opp. Bandharano Khacho,
M G Haveli Road, Manek Chowk,
Ahmedabad, Gujarat-380001, India
Phone: +91 79 2214 9482
Email: info@laxmilifestyle.co.in
Website: http://www.laxmilifestyle.co.in/
Laxmi Goldorna IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: laxmi.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Laxmi Goldorna IPO Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
