Business Standard

Lorven International Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Lorven International Ltd News

    Lorven International Ltd IPO Details

    Initial public offer of upto 27,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Lorven International Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share (including share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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. issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.88% and [*] respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    Repayment of a portion of certain borrowings availed by the company. To meet working capital requirements. General corporate purposes.

    Lorven International Ltd Contact Details

    Lorven International Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@lorveninternational.in

    Website - www.lorveninternational.in