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LAPL Automotive Ltd

Registered Office : Plot No.C-241 MIDC Waluj,,Aurangabad (Maharashtra) Maharashtra 431133 Phone : +91 83789 94623
Fax :

Email : compliance@laplautomotive.com

Website : https://laplautomotive.com/

Initial public offer of 32,40,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of LAPL Automotive Limited ("the Company" or "LAPL" or "the Issuer") at an issue price of Rs. 78/- per equity share for cash, aggregating to Rs. 25.27 crores ("Public Issue"). The issue includes a reservation of 1,64,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 78/- per equity share for cash, aggregating Rs. 1.29 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. net issue of up to 30,75,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 78/- per equity share for cash, aggregating upto Rs. 23.99 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.91 % and 25.54 % respectively of the 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 7.8 times of the face value.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

78.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

25.27

12.04

78.00

Smart Horizon Capital Advisors Pvt Ltd

Projects

Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra

Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company

General corporate purpose

Promoted By

Neeraj Satyaprakash Goyal

Shubham Neeraj Goyal

Anita Neeraj Goyal

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd