Lancer Container Lines IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 1.85 Cr. The company is based in Mumbai and caters to Logistics sector. Pantomath Capital Advisors is the merchant banker of Lancer Container Lines IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th February 2016.
Lancer Container Lines IPO open date is 31st March 2016 and close date is 5th April 2016. IPO Allotment Date is 30th November -0001 and Listing date is 13th April 2016.Lancer Container Lines IPO size is ₹ 1.85 Cr. with IPO price of ₹ 12.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Lancer Container Lines IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Lancer Container Lines IPO.
Lancer Container Lines IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Lancer Container Lines IPO, based in Mumbai, operates in the Logistics sector with a focus on providing various logistics services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Lancer Container Lines IPO size is ₹ 1.85 Cr. with fresh issue size of ₹ 2 and Offer for sale being ₹ Nil
The IPO allotment date for Lancer Container Lines IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Lancer Container Lines IPO allotment status on the registrars website, Bigshare Services Private Limited . Lancer Container Lines IPO refund dates are 30th November -0001.
Lancer Container Lines IPO is expected to be listed on 13th April 2016.
The upper price band for the Lancer Container Lines IPO is set at ₹ 12.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Lancer Container Lines IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Lancer Container Lines IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th April 2016. After submission, funds are blocked until the basis of allotment of Lancer Container Lines IPO is finalised.
The merchant banker for Lancer Container Lines IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Lancer Container Lines IPO RHP for further details.
The registrar for Lancer Container Lines IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Lancer Container Lines IPO through their official website or helpline.
Lancer Container Lines IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Lancer Container Lines IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Lancer Container Lines Financial Review Page
Merchant Banker(s) of Lancer Container Lines IPO: Pantomath Capital Advisors Private Limited
Lancer Container Lines IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Lancer Container Lines IPO listed at a listing price of 12.60 against the offer price of 12.00.
The current market price of Lancer Container Lines is 14.75.
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