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Laxmi Cotspin Ltd

Registered Office : GUT No 399 Samangaon-Kajla Rd,Samangaon,Jalna Maharashtra 431203 Phone : 91-9765999633
Fax :

Email : laxmicotspin@gmail.com

Website : www.laxmicotspin.com

Public offer of 48,00,000 equity shares of a face value of Rs. 10 each (the "equity shares") of Laxmi Cotspin Limited ("LCL" or the "company") for cash at a price of Rs. 20 per share (the "offer price"), aggregating to Rs. 9.60 crores ("the offer"), of which, 2,40,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less the market maker reservation portion i.e. Offer of 45,60,000 equity shares of Rs. 20 each is hereinafter referred to as the "net offer" through an offer for sale by the selling shareholders as defined in the section "Definitions and abbreviation") aggregating up to Rs. 9.12 crores (the "offer"). The offer and the net offer will constitute 27.99 % and 26.59%, respectively of the post offer paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price is Rs. 20. The offer price is 2.0 times of the face value.

Issue

Opens On

Closes On

17-Mar-2017

22-Mar-2017

Money Payable On

Application

Allotment

20.00

0.00

Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.79

9.60

17.15

20.00

Hem Securities Ltd

Projects

Listing fees on Stock Exchanges

Promoted By

Sanjay Rathi

Shivratan Mundada

Bhavesh Patel

Listing At

NSE - SME

Registrar to the Issue

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