Laxmi India Finance Ltd IPO |
Registered Office:
2 DFL Gopintah Marg MI Road,
,
Jaipur
-
302001
,
Rajasthan
, India.
Phone :
+91 97733 76198 Fax:
Email : investors@lifc.in
Website : www.lifc.co.in
|
| Initial public offer of 16,092,195* equity shares of face value of (Rs)5 each ("Equity Shares") of Laxmi India Finance Limited ("Company" ) for cash at a price of (Rs)158 per equity share (including a share premium of (Rs)153 per equity share) (the "Offer Price") aggregating to (Rs)254.26* crores ("the Offer") comprising a fresh issue of 10,453,575* equity shares of face value of (Rs)5 each aggregating to (Rs)165.17* crores by the company (the "Fresh Issue") and an offer for sale of 5,638,620* equity shares aggregating to (Rs)89.09* crores (the "Offer for Sale") by the selling shareholders, consisting of 3,084,952* equity shares aggregating to (Rs)48.74* crores by Deepak Baid, 913,070* equity shares of face value of (Rs)5 each aggregating to (Rs)14.43* crores by Prem Devi Baid, 1,261,902* equity shares of face value of (Rs)5 each aggregating to (Rs)19.94* crores by Aneesha Baid, 180,000* equity shares of face value of (Rs)5 each aggregating to
(Rs)2.84* crores by Deepak Hitech Motors Private Limited, 90,000* equity shares of face value of (Rs)5 each aggregating to (Rs)1.42* crores by Prem Dealers Private Limited, 54,348* equity shares of face value of (Rs)5 each aggregating to
(Rs)0. 86* crores by Preeti Chopra and 54,348* equity shares of face value of (Rs)5 each aggregating to (Rs)0.86* crores by Rashmi Giria (collectively referred to as the "Selling Shareholders" and such equity shares offered by the selling shareholders, "Offered Shares"). The offer constitutes 30.79% of the post-offer paid-up equity share capital of the company.
The offer included a reservation of 160,928* equity shares of face value of (Rs)5 each, aggregating to (Rs)2.54* crores (constituting to 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 30.79% and 30.48%, respectively, of the post-offer paid-up equity share capital of the company.
*Subject to finalization of the basis of allotment.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 29-Jul-25 |
31-Jul-25 |
(Rs)158.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :94 Further Multiples of :94 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
151.59 |
| PL Capital Markets Pvt Ltd |
|
| Project Financed through Current Offer |
254.26 |
|
| Post Issue Equity Share Capital |
26.13 |
|
| Issue Price |
(Rs)158.00 |
|
|