IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison
Performance
Performance Report
Laxmi Cotspin IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 9.60 Cr. The company is based in Jalna and caters to Textiles sector. Hem Securities is the merchant banker of Laxmi Cotspin IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th August 2016.
Laxmi Cotspin IPO open date is 17th March 2017 and close date is 22nd March 2017. IPO Allotment Date is 30th November -0001 and Listing date is 31st March 2017.
IPO
Size:
₹ 9.60 Cr.
Avg IPO Size (Sector Based)
: ₹
15.37 cr.
Sector: Textiles
SME
IPO so far:
90
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
132
City:
Jalna
SME
IPO so far:
1
Revenue (annualised):
₹
105.38
cr. 
PE
Ratio:
8.00x
Average Sector PE Ratio: 19.24x
Laxmi Cotspin IPO size is ₹ 9.60 Cr. with IPO price of ₹ 20.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Laxmi Cotspin IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Laxmi Cotspin IPO.
Laxmi Cotspin IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Laxmi Cotspin IPO, based in Jalna, operates in the Textiles sector with a focus on business of cotton processing in textile industry. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Laxmi Cotspin IPO size is ₹ 9.60 Cr. with fresh issue size of ₹ 9.60 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Laxmi Cotspin IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Laxmi Cotspin IPO allotment status on the registrars website, Link Intime India Private Limited . Laxmi Cotspin IPO refund dates are 30th November -0001.
Laxmi Cotspin IPO is expected to be listed on 31st March 2017.
The upper price band for the Laxmi Cotspin IPO is set at ₹ 20.00 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 Laxmi Cotspin 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 Laxmi Cotspin 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 22nd March 2017. After submission, funds are blocked until the basis of allotment of Laxmi Cotspin IPO is finalised.
The merchant banker for Laxmi Cotspin IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Laxmi Cotspin IPO RHP for further details.
The registrar for Laxmi Cotspin 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 Laxmi Cotspin IPO through their official website or helpline.
Laxmi Cotspin IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 9.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.37 Cr.
Sector: Textiles
SME
IPO so far:
90
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
132
City:
Jalna
SME
IPO so far:
1
Revenue (annualised):
₹ 105.10 cr.
PE
Ratio:
8.00x
Average Sector PE Ratio: 19.24x
Laxmi Cotspin IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Laxmi Cotspin Financial Review Page
Merchant Banker(s) of Laxmi Cotspin IPO: Hem Securities Limited
Laxmi Cotspin 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.
Laxmi Cotspin IPO listed at a listing price of 19.90 against the offer price of 20.00.
The current market price of Laxmi Cotspin is 28.83.
Why Us?
