Issue Price
₹15
Per Share
GMP
NIL
Grey Market
Est. Listing
₹15
Expected Price
Min. Application
₹240,000
2 lots × 8000 shares
Incorporated in 2010, Laxmi Goldorna House Ltd is engaged in wholesale and retail trading of gold jewelry and ornaments. In 2017, it also started a real estate business. So, Laxmi Goldorna House is also engaged in the construction of commercial and residential Projects under real estate.The registered office of the company is located at Manek Chowk, Ahmedabad. The company offers a wide product range with a variety of gold jewelry and other jewelry as per the regional taste. It doesn't have any manufacturing unit and designing & processing of jewelry is done by 3rd-party.The company is currently working on the Laxmi Eternia project designed by architecture "Bend Group". The project is nearer to Ahmedabad Airport, Ahmedabad Railway Station, and Baroda Express Way. It has 723, 3BHK Flats and 52 Shop along with party kitchen, basement parking, basketball court, party plot, gym, theatre, play zone, badminton court, and society office.Competitive Strengths1. Wide product portfolio2. Good Quality of Jewellery products3. Comprehensive knowledge of the jewelry industry
Laxmi Goldorna House Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 288,000 | — | ₹0.43 Cr | — |
| TOTAL | 5,520,000 | 100.00% | ₹8.28 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹120,000 |
| Retail (Max) | 13 | 104,000 | ₹1,560,000 |
| sNII (Min) | 14 | 112,000 | ₹1,680,000 |
| bNII (Min) | 68 | 544,000 | ₹8,160,000 |
| Particulars | 30-Sept-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 3877.66 | 7344.97 | 6977.25 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3877.66 | 66.82 | 44.06 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 7344.97 | 7344.97 | 3879.01 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |