Business Standard

Lexus Granito (India) Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

25.92 cr

Price Range (₹)

45

Lot Size

3000

Min Investment (₹)

1,35,000.00

Listing Exchange

NSE - SME

Open Date

09-Aug-2017

Close Date

11-Aug-2017

Listing Date

23-Aug-2017

Lexus Granito (India) Ltd News

    The Shares of Lexus Granito (India) Ltd have now been listed.

    Lexus Granito (India) Ltd IPO Details

    Initial public offer consisting of fresh issue of 57,60,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 45 per equity share (The Issue Price)(including a share premium of Rs. 35 per equity share) aggregating Rs. 25.92 crores (The Issue), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs.45 per equity share, aggregating Rs. 1.35 crores will 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 54,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs.24.57 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 30.00% and 28.45% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of equity shares is Rs.10 each.The issue price is Rs.45/- and is 4.5 times the face value of the equity shares.

    Objective of issue

    Working capital requirements. General corporate purposes.

    Lexus Granito (India) Ltd Contact Details

    Lexus Granito (India) Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - info@lexustile.com

    Website - www.lexustile.com