Lagnam Spintex Limited IPO

Lagnam Spintex Limited is an NSE SME IPO is priced at ₹41 per share with an issue size of Fresh Issue of 60,00,000 Equity Shares of Rs 10/- at a price of Rs 41/- per share aggregating to Rs 24.60 Cr. The IPO opens on Sep 4, 2018 and closes on Sep 7, 2018, with a lot size of 3000 shares and a minimum investment of ₹1,23,000.

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Lagnam Spintex Limited IPO

NSE SME Listed
₹1,23,000 (3000 Shares)
Minimum Investment
IPO Dates
Sep 4, 2018 – Sep 7, 2018
Price band
₹41 per equity share
Minimum Investment
₹1,23,000
Issue size
Fresh Issue of 60,00,000 Equity Shares of Rs 10/- at a price of Rs 41/- per share aggregating to Rs 24.60 Cr
Lot size
3000
Allotment Date
Sep 13, 2018
Listing
Sep 18, 2018
Listing At
NSE SME

  1. Sep 4, 2018

    Open Date

    Completed

  2. Sep 7, 2018

    Close Date

    Completed

  3. Sep 13, 2018

    Allotment Date

    Completed

  4. Sep 18, 2018

    Listing Date

    Completed

Lagnam Spintex Limited IPO Essentials

Lagnam Spintex Limited IPO Details

Lagnam Spintex Limited IPO is priced at ₹41 per share with a total issue size of Fresh Issue of 60,00,000 Equity Shares of Rs 10/- at a price of Rs 41/- per share aggregating to Rs 24.60 Cr. The IPO has a lot size of 3000 shares and will be listed on NSE SME.

Issue price
Rs 41/- Per Equity Share 
Lot size
3000 shares
Face value
Rs 10 Per Equity Share 
Issue size
Fresh Issue of 60,00,000 Equity Shares of Rs 10/- at a price of Rs 41/- per share aggregating to Rs 24.60 Cr
Listing at
NSE SME
List price
Listing date
Registrar
Bigshare Services Pvt. Ltd
Lead manager
Holani Consultants Private Limited and BOI Merchant Bankers Limited

Lagnam Spintex Limited IPO Details

  • Retail Portion N/A

Lagnam Spintex Limited IPO Analytics

Lagnam Spintex Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Lagnam Spintex Limited IPO Subscription Status

Lagnam Spintex Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 28,50,000 28,50,000 57,00,000
Day 1 - 04-09-18
8,37,000 (0.29) x 0.25 x 0.27 x
Day 2 05-09-18
10,35,000 (0.36) x 0.85 x 0.61 x
Day 3 06-09-18
12,15,000 (0.43) x 2.03 x 1.23 x
Day 4 07-09-18
1,22,19,000 (4.29) x 5.65 x 4.97 x

Subscription levels combined with expected premium trends indicate overall market sentiment and possible listing expectations for the IPO.

Lagnam Spintex Limited Valuations

Earnings

EPS (Post IPO)
Rs 2.65/-
P/E Ratio
15.46

Returns

RoNW
17.72%

Data sourced from DRHP / RHP • For educational purposes only

Lagnam Spintex Limited Company & Offer Insights

Lagnam Spintex Limited IPO Issue Objectives

•
Part finance the setting up of the additional cotton yarn manufacturing facility (22.00 crores).
•
Meet Issue expenses (2.60 crores).

Lagnam Spintex Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Lagnam Spintex Limited 1.50 15.46 17.72% 84.54
PBM Polytex Limited 0.62 9.68 6.43% 196.88
KPR Mills 3.10 16.28 18.50% 3024.42
Sambandam Spinning Mills 0.49 7.05 3.83% 193.08
Vippy Spinpro Limited 0.68 7.15 9.52% 105.15
Shiva Texyarn 3.67 52.66 6.98% 358.80

Contact Information

Frequently Asked Questions

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Lagnam Spintex Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 60,00,000 Equity Shares of Rs 10/- at a price of Rs 41/- per share aggregating to Rs 24.60 Cr. The issue price is ₹41 per share (fixed price). The IPO opens on Sep 4, 2018 and closes on Sep 7, 2018. It will be listed on NSE SME Platform. Bigshare Services Pvt. Ltd is the registrar.

The issue price of Lagnam Spintex Limited IPO is ₹41 per share (fixed price).

The lot size of Lagnam Spintex Limited IPO is 3000 shares.

The minimum investment for Lagnam Spintex Limited IPO is approximately ₹1,23,000 based on the issue price .

Lagnam Spintex Limited IPO opens on Sep 4, 2018 and closes on Sep 7, 2018.

The allotment date of Lagnam Spintex Limited IPO is Sep 13, 2018.

Lagnam Spintex Limited IPO is expected to be listed on Sep 18, 2018, on NSE SME Platform.

Lagnam Spintex Limited IPO valuation snapshot: P/E 15.46, EPS Rs 2.65/-, P/B N/A, RoNW 17.72%, and market cap N/A.

To apply for Lagnam Spintex Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Lagnam Spintex Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Lagnam Spintex Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Lagnam Spintex Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Lagnam Spintex Limited IPO allotment status on IPO Ji for quick and easy access.