SME IPO Status: Closed [20th Mar 2020 to 3rd Apr 2020]
Laxmi Goldorna SME IPO review covers all the information regarding the company like business, objective, strength, weakness, financials, IPO Price, important dates and much more. The Laxmi Goldorna IPO opens on 20-Mar-2020 and closes on 03-Apr-2020. The RHP has been filed on 11th Mar 2020.
Laxmi Gordorna House Private Limited is engaged in manufacturing and trading of gold jewelry and ornaments. The business offers clients a wide variety of gold and diamond jewelry to meet their expectations. The company operates in two business segments; one is processing, wholesale and retail trading of jewelry and another is real estate.
In the jewelry segment, its product portfolio includes gold jewelry, silver jewelry, platinum jewelry, and diamond jewelry. The company serves customers across high-end, mid-market and value market segments as well. Although most of the design of its products are designed in a traditional manner, but at the same time, looking to changing consumers' preference and taste, the business has also developed Indo-Western jewelry using 3D Computer-Aided Designing Software. It further offers customized designs jewelry to customers. The company is not engaged in manufacturing activities as its products are manufactured by third parties on job-work basis.
However, in 2017, the company has taken a step further and entered into the real estate sector, wherein the key business activity is to construct commercial and residential properties. Currently, Laxmi Eternia in Ahmadabad is its ongoing project which includes the construction of exclusive 723, 3BHK Flats and 52 Shops. As on September 30, 2019, the business has reported net profit after tax worth Rs. 40.16 Lac.
The net proceeds from the IPO will be used for the following purposes;
Laxmi Goldorna SME IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Laxmi Goldorna Issue Details||Values|
|SME IPO Issue Type||Fixed Price Issue IPO|
|SME IPO Issue Size||55,20,000 Eq Shares of ₹10 (aggregating up to ₹8.28 Cr)|
|Face Value||₹10 Per Equity Share|
|SME IPO Issue Price||₹15|
|SME IPO Discount|
|Market Lot||8000 Shares|
|Min Retail Qty||8000 Shares|
|Max Retail Qty||8000 Shares|
|Promoter Holding Pre IPO||100%|
|Promoter Holding Post IPO||73.54%|
|IPO Listing At||NSE SME|
The table below is live update of SME IPO bidding details from NSE and BSE.
|# of Shares Offered||2,616,000||2,616,000||5,232,000||1||20th Mar 2020 14:12||0.00x||0.00x||0.00x||2||23rd Mar 2020 17:02||0.00x||0.01x||0.01x||3||24th Mar 2020 17:02||0.25x||0.01x||0.13x||4||25th Mar 2020 17:02||0.25x||0.02x||0.13x||5||26th Mar 2020 17:02||0.36x||0.02x||0.19x||6||27th Mar 2020 17:02||0.36x||0.04x||0.20x||7||30th Mar 2020 17:02||0.38x||0.04x||0.21x||8||31st Mar 2020 17:02||0.71x||0.04x||0.38x||9||1st Apr 2020 17:02||0.83x||0.07x||0.45x||10||3rd Apr 2020 17:02||2.22x||0.20x||1.21x|
Past performance and financial results of Laxmi Goldorna.
|Laxmi Goldorna IPO Financials||30-Sep-2019||31-Mar-2019||31-Mar-2018||31-Mar-2017|
|Total Assets||₹4,294.28 Lakhs||₹3,943.94 Lakhs||₹3,879.01 Lakhs||₹1,028.52 Lakhs|
|Total Revenue||₹3,877.66 Lakhs||₹7,344.97 Lakhs||₹6,977.25 Lakhs||₹5,242.52 Lakhs|
|Total Expenses||₹3,823.64 Lakhs||₹7,255.40 Lakhs||₹6,918.12 Lakhs||₹5,138.54 Lakhs|
|Net Profit/Loss||₹40.16 Lakhs||₹66.82 Lakhs||₹44.06 Lakhs||₹58.05 Lakhs|
In this section we have covered all important dates related to Laxmi Goldorna SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.
|SME IPO Activity||Date|
|SME IPO Issue Open Date||20th Mar 2020|
|SME IPO Issue Close Date||3rd Apr 2020|
|Basis of Allotment Finalisation Date*||Not Yet Announced|
|Refunds Initiation*||Not Yet Announced|
|Credit of Shares to Demat Account*||Not Yet Announced|
|SME IPO Listing Date*||Not Yet Announced|
* - Tentative Dates
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Laxmi Goldorna SME IPO Draft Prospectus >>Document
Laxmi Goldorna SME IPO Red Herring Prospectus >>Document
Laxmi Goldorna SME IPO Allotment Status >>Laxmi Goldorna SME IPO Allotment is not declared yet, we will provide the link for status once allotment is out.
Last Updated on 2020-04-04T05:58:34+00:00
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Laxmi Goldorna IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Laxmi Goldorna IPO with Zerodha.
Alternate approch to apply in Laxmi Goldorna IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Laxmi Goldorna IPO, you can use the following methods:
|Laxmi Goldorna IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Laxmi Goldorna IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online provides access to applying in Laxmi Goldorna IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Laxmi Goldorna IPO. Most of the Syndicate Banks provide access to apply in Laxmi Goldorna IPO via ASBA process. You must have your net banking access, DP ID information to apply in Laxmi Goldorna IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Laxmi Goldorna IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Laxmi Goldorna IPO Application is not yet available.
Laxmi Goldorna IPO is going to be list on TBD.
Other relevant questions:When Laxmi Goldorna IPO will be listing? Laxmi Goldorna IPO listing date?Laxmi Goldorna IPO date of listing
Laxmi Goldorna IPO Allotment Date is TBD.
Other relevant questions:Laxmi Goldorna IPO share allotment date?Laxmi Goldorna IPO allotment date?