.PNG&w=256&q=75)
Lagnam Spintex Limited IPO
NSE SMERs 1,23,000/- ) / 3000 Shares
Lagnam Spintex Limited IPO Details
The Lagnam Spintex Limited IPO price band is set between Rs 41/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 4 Sep, 2018 and closes on 7 Sep, 2018. Investors can check the allotment status on 13 Sep, 2018, while the listing date is tentatively scheduled for 18 Sep, 2018.
The total issue size is 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, aggregating up to . Stay tuned for the latest Lagnam Spintex Limited IPO review and GMP updates.
Lagnam Spintex Limited IPO Review, Rating & Analysis
Lagnam Spintex Limited IPO Review
NO REVIEWLagnam Spintex Limited IPO Rating
Lagnam Spintex Limited IPO Highlights
IPO Date
Sep 4, 2018 - Sep 7, 2018
Listing Date
18 Sep, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 41/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Lagnam Spintex Limited IPO Lot Size
The minimum market lot for Lagnam Spintex Limited IPO is 3000 shares with an application amount of ₹1,23,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,23,000 |
| Retail (Max) | 1 | 3000 | ₹1,23,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,46,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 27000 | ₹11,07,000 |
Lagnam Spintex Limited IPO Timeline
Issue Price
Rs 41/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Holani Consultants Private Limited and BOI Merchant Bankers LimitedIssue 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 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Dwarka Prasad Mangal
- Mr. Anand Mangal
- Lagnam Infotech Solutions Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Lagnam Spintex Limited IPO Subscription Details
| 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 | 7,17,000 0.25 x | 15,54,000 0.27 x |
Day 2 -05-09-18 | 10,35,000 0.36 x | 24,27,000 0.85 x | 34,62,000 0.61 x |
Day 3 -06-09-18 | 12,15,000 0.43 x | 57,93,000 2.03 x | 70,08,000 1.23 x |
Day 4 -07-09-18 | 1,22,19,000 4.29 x | 1,60,89,000 5.65 x | 2,83,08,000 4.97 x |
Frequently Asked Questions about Lagnam Spintex Limited IPO IPO
When will Lagnam Spintex Limited IPO open for subscription?
The Lagnam Spintex Limited IPO opens on 4 Sep, 2018 and closes on 7 Sep, 2018.
What is the investors portion for Lagnam Spintex Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2850000.
How to apply for Lagnam Spintex Limited IPO?
You can apply for Lagnam Spintex Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Lagnam Spintex Limited IPO?
The issue size of Lagnam Spintex Limited IPO is approx ₹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 crores.
What is the price band of Lagnam Spintex Limited IPO?
The price band for Lagnam Spintex Limited IPO is Rs 41/ to ₹ Per Equity Share.
What is the lot size of Lagnam Spintex Limited IPO?
The minimum bid (lot size) for Lagnam Spintex Limited IPO is 3000 shares with an investment of approx Rs 1,23,000/- ) .
What is the allotment date of Lagnam Spintex Limited IPO?
The allotment date for Lagnam Spintex Limited IPO is 13 Sep, 2018.
What is the listing date of Lagnam Spintex Limited IPO?
The listing date for Lagnam Spintex Limited IPO is expected to be 18 Sep, 2018.
What is the GMP of Lagnam Spintex Limited IPO?
The latest Grey Market Premium (GMP) for Lagnam Spintex Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.