IPO Issue Details
Issue Price / Price Band₹35 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size14,52,000 shares (aggregating up to ₹5.08 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 19 Mar 2013
Subscription CloseThu, 21 Mar 2013
Anchor AllotmentMon, 18 Mar 2013
Basis of AllotmentWed, 27 Mar 2013
Initiation of RefundsThu, 28 Mar 2013
Credit of Shares to DematThu, 28 Mar 2013
Listing DateWed, 03 Apr 2013
UPI Mandate Deadline2013-03-21
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 4,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 8,000 shares
Net Offer to Public12,32,000 shares (aggregating up to ₹4.31 Cr)
Reserved for Market Maker2,20,000 shares (aggregating up to ₹0.7700 Cr)
Pre-IPO Promoter Holding22,88,710 shares
Post-IPO Promoter Holding37,40,710 shares
About Lakhotia Polyesters (India) Ltd.
Incorporated in 2005, Lakhotia Polyesters (India) Limited is engaged in the business of yarn manufacturing.Lakhotia Polyesters produces Polyester Lacqured coated films, Transfer foils and M type metallic yarns, which are appropriate for textile, printing, decoration and packing industry and manufacturing of grey fabrics used in sarees and as interline cloth. The yarns produced by the Company are used for made ups in apparels, hosiery, home furnishings & garment industry.The Company manufactures and sells metallic yarns, films and grey fabrics under the trade name ‘Lakhotia Polyesters’. Company currently has installed capacity of 450 spindles for metallic yarns with a manufacturing capacity of 144 TPA.
Objects of the Issue
Lakhotia Polyesters (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Augmenting of long term working capital requirement
3.60
2
2 General Corporate Purposes
1.18
Shareholding & Lock-in
Pre-IPO Promoter Holding
22,88,710 shares
Post-IPO Promoter Holding
37,40,710 shares