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Latteys Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 4.44 Cr. The company is based in Jaipur and caters to Engineering sector. Gretex Corporate Services is the merchant banker of Latteys Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th May 2018.
Latteys Industries IPO open date is 23rd May 2018 and close date is 28th May 2018. IPO Allotment Date is 30th November -0001 and Listing date is 5th June 2018.
IPO
Size:
₹ 4.44 Cr.
Avg IPO Size (Sector Based)
: ₹
23.64 cr.
Sector: Engineering
SME
IPO so far:
102
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Jaipur
SME
IPO so far:
31
Revenue (annualised):
₹
10.28
cr. 
PE
Ratio:
102.00x
Average Sector PE Ratio: 15.21x
Latteys Industries IPO size is ₹ 4.44 Cr. with IPO price of ₹ 66.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Latteys Industries IPO. Link Intime India Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Latteys Industries IPO.
Latteys Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Latteys Industries IPO, based in Jaipur, operates in the Engineering sector with a focus on manufacturing and trading of large range of agricultural equipment and in hospitality services.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Latteys Industries IPO size is ₹ 4.44 Cr. with fresh issue size of ₹ 4.44 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Latteys Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Latteys Industries IPO allotment status on the registrars website, Link Intime India Private Limited . Latteys Industries IPO refund dates are 30th November -0001.
Latteys Industries IPO is expected to be listed on 5th June 2018.
The upper price band for the Latteys Industries IPO is set at ₹ 66.00 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 Latteys Industries 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 Latteys Industries 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 28th May 2018. After submission, funds are blocked until the basis of allotment of Latteys Industries IPO is finalised.
The merchant banker for Latteys Industries IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Latteys Industries IPO RHP for further details.
The registrar for Latteys Industries IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Latteys Industries IPO through their official website or helpline.
Latteys Industries IPO was subscribed 1.47 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.64 Cr.
Sector: Engineering
SME
IPO so far:
102
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Jaipur
SME
IPO so far:
31
Revenue (annualised):
₹ 30.43 cr.
PE
Ratio:
102.00x
Average Sector PE Ratio: 15.21x
Latteys Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Latteys Industries Financial Review Page
Merchant Banker(s) of Latteys Industries IPO: Gretex Corporate Services Limited
Latteys Industries IPO subscription was 1.47 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.
Latteys Industries IPO listed at a listing price of 20.35 against the offer price of 20.00.
The current market price of Latteys Industries is 21.61.
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