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13 July 2020

IPO Synopsis

Laxmi Goldorna House Ltd
Registered Office: Laxmi House M G Haveli Road,OppBandharanoKhacho ManekChowk , Ahmedabad - 380001 , Gujarat , India.
Phone : 91-79-2214 9482   Fax:91-79-9898 033044
Email :  
Website :
Initial Public Issue of 55,20,000 equity shares of face value of (Rs)10 each ("equity shares") of Laxmi Goldorna House Limited ("the company" or "issuer") for cash at a price of (Rs)15 per equity share (including a share premium of (Rs)5 per equity share) ("issue price") aggregating to (Rs)8.28 Crores ("issue") of which 2,88,000 equity shares of face value of (Rs)10 each for a cash price of (Rs)15 per equity share, aggregating to (Rs)0.43 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 52,32,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)15 per equity share aggregating to (Rs)7.85 Crores (is hereinafter referred to as the ônet issueö). The issue and the net issue will constitute 26.45% and 25.07%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is (Rs)15. The issue price is 1.5 times of the face value. Minimum Application Size of 8000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-20 03-Apr-20 (Rs)15.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :8000  Further Multiples of :8000

  (Rs Cr) Lead Managers to the Issue
Project Cost 8.28
Beeline Broking Ltd
Project Financed through Current Offer 8.28  
Post Issue Equity Share Capital 20.87  
Issue Price (Rs)15.00  
To Meet Working Capital RequirementGeneral Corporate Expenses
Promoted By
Jayesh Chinubhai Shah  
Rupalben Jayeshkumar Shah  
Listing At
Registrar to the Issue
KFin Techologies Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501