✓
Open
17 Mar 2017
✓
Close
22 Mar 2017
3
Allotment
—
✓
Listing
Fri, Mar 31, 2017
Price Band
₹20 per share
Issue Size
48,00,000 shares (agg. up to ₹10 Cr)
Lot Size
6,000 Shares
Listing Date
Fri, Mar 31, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.86x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manomay Tex India Ltd. | SME | ₹11.41 Cr | ₹30 | null | ₹31.95 | +6.50% | ₹175.55 (+0.00%) |
| Titaanium Ten Enterprise Ltd. | SME | ₹2.72 Cr | ₹15 | null | ₹16.90 | +12.67% | ₹20.05 (-4.52%) |
| United Polyfab Gujarat Ltd. | SME | ₹7.65 Cr | ₹45 | null | ₹44.00 | -2.22% | ₹28.76 (-4.10%) |
| Ghushine Fintrrade Ocean Ltd. | SME | ₹2.60 Cr | ₹10 | null | ₹8.00 | -20.00% | ₹21.50 (+2.14%) |
| Sysco Industries Ltd. | SME | ₹2.17 Cr | ₹10 | null | ₹12.00 | +20.00% | (+0.00%) |
About Laxmi Cotspin IPO
Incorporated in 2008, Laxmi Cotspin Limited is a leading manufacturer of high quality cotton lint, cotton yarn, fabrics and garments. They are engaged in the business of cotton processing in textile industry. Company's business is spread among home textiles, weaving sector, Denim Manufactures and hosiery manufacturers through open end yarn and ring spun yarn.Located in the district of Jalna, in the state of Maharashtra, India, the company started with a capacity of 13,200 spindles. In a short span of time, it has expanded its production facility to 16,800 spindles with compact, lycra and slub attachment. Addition to this they have set up one open end unit with 1200 Rotors. They manufacture quality pesticide free, organic & non organic cotton bales.They export their yarn to Bangladesh, China, Russia, Brazil, Taiwan, Korea, Singapore, Colombia, Iran & Indonesia. They also sale their yarn to various corporate like Alok Indus, Gimatex, Hindustan Spg., Bombay Dyeing, Bharat Vijay Mills, Ashima Ltd and Maral Overseas Ltd.+ Read More
Contact Details
Laxmi Cotspin Ltd. AddressGUT No.399, Samangaon-Kajla Roadin front of Meenatai Thakare VridhashramSamangaonJalna, Maharashtra, 431203+91 2482-257295complianceofficerlaxmicotspin@gmail.comVisit Website