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Lagnam Spintex Ltd

Registered Office : A-51/53 RIICO Growth Centre,Hamirgarh Bhilwara,Bhilwara Rajasthan 311001 Phone : 91-014-82 289210
Fax :

Email : rparashar@lagnam.com

Website : www.lagnamspintex.com

Intial public issue of 60,00,000 equity shares of face value of Rs.10/- each fully paid up of Lagnam Spintex Limited ("company" or "issuer") for cash at a price of Rs. 41/- per equity share (including a share premium of Rs.31/- per equity share) aggregating upto Rs. 24.60 Crores ("the issue"), of which 3,00,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs. 1.23 Crores will be reserved for subscriptions by the market maker to the issue (the "market maker Reservation portion"). The issue less market maker reservation portion i.e. Issue of 57,00,000 equity shares of the face value of Rs.10/- each for cash at a price of Rs.41/- per equity share aggregating Rs.23.37 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 33.96% and 32.26% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 41/- which is 4.1 times of the face value of the equity shares.

Issue

Opens On

Closes On

04-Sep-2018

07-Sep-2018

Money Payable On

Application

Allotment

41.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

24.60

17.67

41.00

BOI Merchant Bankers Ltd

Holani Consultants Pvt Ltd

Projects

Part Finance the setting up of Additional Cotton Yarn Manufacturing Facility

Promoted By

Dwarka Prasad Mangal

Anand Mangal

Lagnam Infotech Solutions PLtd

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd