Rajasthan, India.
Intial public issue of 60,00,000 equity shares of face value of (₹)10/- each fully paid up of Lagnam Spintex Limited ("company" or "issuer") for cash at a price of (₹) 41/- per equity share (including a share premium of (₹)31/- per equity share) aggregating upto (₹) 24.60 Crores ("the issue"), of which 3,00,000 equity shares of face value of (₹)10/- each for cash at a price of (₹)41/- per equity share aggregating (₹) 1.23 Crores will be reserved for subscriptions by the market maker to the issue (the "market maker
Reservation portion"). The issue less market maker reservation portion i.e. Issue of 57,00,000 equity shares of the face value of (₹)10/- each for cash at a price of (₹)41/- per equity share aggregating (₹)23.37 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 33.96% and 32.26% respectively of the fully diluted post issue paid up equity share capital of the company.
The face value of the equity shares is (₹) 10/- each and the issue price is (₹) 41/- which is 4.1 times of the face value of the equity shares.
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
24.60
BOI Merchant Bankers Ltd