IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison Report
Performance
Performance Report
Lagnam Spintex IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 24.60 Cr. The company is based in Bhilwara and caters to Textiles sector. Holani Consultants , Boi Merchant Bankers are the merchant bankers of Lagnam Spintex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th July 2018.
Lagnam Spintex IPO open date is 4th September 2018 and close date is 7th September 2018. IPO Allotment Date is 30th November -0001 and Listing date is 18th September 2018.
IPO
Size:
₹ 24.60 Cr.
Avg IPO Size (Sector Based)
: ₹
14.68 cr.
Sector: Textiles
SME
IPO so far:
88
Merchant Banker:
Holani Consultants
SME
IPO by BRLM so far:
13
City:
Bhilwara
SME
IPO so far:
6
Revenue (annualised):
₹
84.55
cr. 
PE
Ratio:
12.00x
Average Sector PE Ratio: 19.25x
Lagnam Spintex IPO size is ₹ 24.60 Cr. with IPO price of ₹ 41.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Holani Consultants Private Limited is the book-running lead manager of the Lagnam Spintex IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Maverick Share Brokers Private Limited for Lagnam Spintex IPO.
Lagnam Spintex IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Lagnam Spintex IPO, based in Bhilwara, operates in the Textiles sector with a focus on business of manufacturing of high-quality yarn. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Lagnam Spintex IPO size is ₹ 24.60 Cr. with fresh issue size of ₹ 24.60 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Lagnam Spintex IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Lagnam Spintex IPO allotment status on the registrars website, Bigshare Services Private Limited . Lagnam Spintex IPO refund dates are 30th November -0001.
Lagnam Spintex IPO is expected to be listed on 18th September 2018.
The upper price band for the Lagnam Spintex IPO is set at ₹ 41.00 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 Lagnam Spintex 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 Lagnam Spintex 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 7th September 2018. After submission, funds are blocked until the basis of allotment of Lagnam Spintex IPO is finalised.
The merchant banker for Lagnam Spintex IPO is Holani Consultants Private Limited , Boi Merchant Bankers Limited . Holani Consultants Private Limited , Boi Merchant Bankers Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Lagnam Spintex IPO RHP for further details.
The registrar for Lagnam Spintex 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 Lagnam Spintex IPO through their official website or helpline.
Lagnam Spintex IPO was subscribed 4.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 24.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.68 Cr.
Sector: Textiles
SME
IPO so far:
88
Merchant Banker:
Holani Consultants
SME
IPO by BRLM so far:
13
City:
Bhilwara
SME
IPO so far:
6
Revenue (annualised):
₹ 83.91 cr.
PE
Ratio:
12.00x
Average Sector PE Ratio: 19.25x
Lagnam Spintex IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Lagnam Spintex Financial Review Page
Merchant Banker(s) of Lagnam Spintex IPO: Holani Consultants Private Limited , Boi Merchant Bankers Limited
Lagnam Spintex IPO subscription was 4.97 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.
Lagnam Spintex IPO listed at a listing price of 38.95 against the offer price of 41.00.
The current market price of Lagnam Spintex is 105.75.
Why Us?
