Business Standard

Latteys Industries Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

8.07 cr

Price Range (₹)

66

Lot Size

2000

Min Investment (₹)

1,32,000.00

Listing Exchange

NSE - SME

Open Date

23-May-2018

Close Date

28-May-2018

Listing Date

05-Jun-2018

Latteys Industries Ltd News

    The Shares of Latteys Industries Ltd have now been listed.

    Latteys Industries Ltd IPO Details

    Public issue of 12,22,000 equity shares of face value of Rs. 10 each (equity shares) of Latteys Industries Limited (the company or the issuer) for cash at a price of Rs. 66 per equity' share, including a share premium of Rs. 56 per equity share (the issue price), aggregating Rs. 8.07 Crores (the issue), of which 62,000 equity' shares of face value of Rs. 10 each for cash at a price of Rs. 66 per equity' share, aggregating Rs. 0.41 Crores well be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 11,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 66 per equity' share, aggregating Rs. 7.66 Crores is hereinafter refered to as the net issue. The issue and the net issue well constitute 26.57% and 25.22% 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 of Rs. 66 is 6.6 times of the face value of the equity shares.

    Objective of issue

    Funding the Working Capital requirements of the company. General Corporate Purposes.

    Latteys Industries Ltd Contact Details

    Latteys Industries Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@latteysindustries.com/cs@latteysindustries.co

    Website - www.latteysindustries.com