108  Total SME IPOs listed in 2025

4,805.05 Crs.  Total funds raised in 2025

74  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

108  Total SME IPOs listed in 2025

4,805.05 Crs.  Total funds raised in 2025

74  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

108  Total SME IPOs listed in 2025

4,805.05 Crs.  Total funds raised in 2025

74  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

108  Total SME IPOs listed in 2025

4805.05 Crs.  Total funds raised in 2,025.00

74  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

Laxmi Cotspin IPO (Laxmi Cotspin Limited IPO) Detail

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 Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

Laxmi Cotspin IPO Date

Date of DRHP:
30th August 2016
IPO Open Date:
17th March 2017
IPO Close Date:
22nd March 2017
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
31st March 2017

Laxmi Cotspin IPO Info, Size, Subscription

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.

IPO Size :
₹ 9.60 Cr.

Issue Price:
₹ 20.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
8.00

Subscription :
0.00 times

Pre Issue Promoter Holding :
20.22 %

Post Issue Promoter Holding :
20.22 %

Laxmi Cotspin IPO Information

Sub Sector : business of cotton processing in textile industry
Laxmi Cotspin is engaged in the business of cotton processing in textile industry with their production facilities located in cotton growing areas of Marathwada and Vidarbha region at Samangaon which is situated in the Jalna district of State of Maharashtra. They are manufacturer of yarn and they have an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. their business is spread among home textiles, weaving sector, Denim Manufactures and hosiery manufacturers through open end yarn and ring spun yarn. They believe that they are manufacturing premium quality 100% cotton combed and carded hosiery/ warp conventional, organic and BCI yarn in count range of 30s Ne to 40s Ne for the purpose of exporting to Asian and
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Object of Issue (Laxmi Cotspin IPO Objectives)

  • Achieve the benefits of listing the Equity Shares on the Emerge Platform of NSE
  • To carry out the sale of ,00,000 Equity Shares by the Selling Shareholders and
  • Enhance their brand name and provide liquidity to the existing shareholders

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 Market Maker

Hem Finlease Private Limited

Laxmi Cotspin IPO Registrar (RTA)

Link Intime India Private Limited

Laxmi Cotspin IPO Lead Manager (BRLM)

Hem Securities Limited

Laxmi Cotspin IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Laxmi Cotspin IPO?

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

When is Laxmi Cotspin IPO allotment?

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.

When is Laxmi Cotspin IPO listing date?

Laxmi Cotspin IPO is expected to be listed on 31st March 2017.

What is the price band for Laxmi Cotspin IPO?

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.

What is Laxmi Cotspin IPO Review?

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.

How to Apply for Laxmi Cotspin IPO?

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.

Who is the merchant banker of Laxmi Cotspin IPO?

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.

Who is the Registrar of Laxmi Cotspin IPO?

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.

What is the Laxmi Cotspin IPO subscription?

Laxmi Cotspin IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

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 28.55.

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