LAPL Automotive Ltd IPO |
Registered Office:
Plot No.C-241 MIDC Waluj,
,
Aurangabad (Maharashtra)
-
431133
,
Maharashtra
, India.
Phone :
+91 83789 94623 Fax:
Email : compliance@laplautomotive.com
Website : https://laplautomotive.com/
|
| Initial public issue of 34,46,400 equity shares of face value (Rs)10 each (the "Equity Shares") of LAPL Automotive Limited ("The Company" or the "Issuer") for cash at an price of (Rs)94 per equity share (including a securities premium of (Rs)84 per equity share ("Issue Price"), aggregating to (Rs)32.40 Crores ("the Issue") of which 1,72,800 equity shares of face value (Rs)10 each aggregating to (Rs)1.62 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 32,73,600 equity shares of face value of (Rs)10 each at an issue price of (Rs)94 per equity share aggregating (Rs)30.77 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.49% and 26.11% respectively of the post-issue paid-up equity share capital of the company.
Price Band: (Rs)94/- per equity share of face value (Rs)10/- each.
The floor price is 9.4 times of the face value of the equity shares.
Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 06-Aug-26 |
10-Aug-26 |
(Rs)94.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2400 Further Multiples of :1200 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
29.16 |
| GYR Capital Advisors Private Limited |
|
| Project Financed through Current Offer |
32.40 |
|
| Post Issue Equity Share Capital |
12.54 |
|
| Issue Price |
(Rs)94.00 |
|
|