IPO

Lorenzini Apparels Limited IPO

BSE SME

Offer Date: Jan 31, 2017 - Feb 6, 2018

₹ 200000 /20000 Shares
*Min Investment

31 Jan, 2017

Open Date

06 Feb, 2018

Close Date

12 Feb, 2018

Allotment Date

15 Feb, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 10 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 44,70,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 4.47 Cr
  • Listing at BSE SME
  • Lead Manager Fedex Securities Limited
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Lorenzini Apparels Limited IPO is an SME IPO, priced at Rs 10 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Jan 31, 2017 to Feb 6, 2018. The allotment is expected to be finalized on Feb 12, 2018, and the tentative listing date is Feb 15, 2018.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

Read More
IPO Subscription Analysis And Details
Retail
42.00x
Total
72.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 21,20,000 21,20,000 42,40,000
Day 1 31-01-18
0.11 x 0.24 x 0.17 x
Day 2 01-02-18
0.24 x 0.48 x 0.36 x
Day 3 02-02-18
1.20 x 0.92 x 1.06 x
Day 4 05-02-18
1.28 x 1.36 x 1.32 x
Day 5 06-02-18 
1.42 x 2.00 x 1.71 x
Valuations
Earnings Per Share (EPS) Rs 0.15
P/E Ratio 68.69
RoNW 4.85%
Net Asset Value (NAV) Rs 10.51
IPO - Issue Objectives
1

Funding of working capital requirements of the Company

2

Issue Expenses