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IPO Synopsis  
Lagnam Spintex Ltd
Registered Office: [ A-51/53 RIICO Growth Centre , Hamirgarh Bhilwara , Bhilwara - 311001 , Rajasthan , India.
                                  Phone:91-014-82 289210   Fax:
                                  Email: rparashar@lagnam.com  
                                  Website: www.lagnamspintex.com
Intial public issue of 60,00,000 equity shares of face value of Rs10/- each fully paid up of Lagnam Spintex Limited ("company" or "issuer") for cash at a price of Rs41/- per equity share (including a share premium of Rs31/- per equity share) aggregating upto Rs24.60 Crores ("the issue"), of which 3,00,000 equity shares of face value of Rs10/- each for cash at a price of Rs41/- per equity share aggregating Rs1.23 Crores will be reserved for subscriptions by the market maker to the issue (the "market maker Reservation portion"). The issue less market maker reservation portion i.e. Issue of 57,00,000 equity shares of the face value of Rs10/- each for cash at a price of Rs41/- per equity share aggregating Rs23.37 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 33.96% and 32.26% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each and the issue price is Rs41/- which is 4.1 times of the face value of the equity shares.
 
Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-18 07-Sep-18 Rs 41.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
  Rs Cr Lead Managers to the Issue
Project Cost 24.60 BOI Merchant Bankers Ltd
Project Financed through Current Offer 24.60  
Post Issue Equity Share Capital 17.67  
Issue Price Rs.41.00  
 
Projects
Part Finance the setting up of Additional Cotton Yarn Manufacturing Facility 
 
Promoted By
Dwarka Prasad Mangal 
Anand Mangal 
Lagnam Infotech Solutions PLtd 
Listing At
NSE - SME 
Registrar to the Issue
No Data Found.
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