✓
Open
20 Mar to 3 Apr, 2020
✓
Close
20 Mar to 3 Apr, 2020
3
Allotment
—
✓
Listing
Thu, Apr 16, 2020
Price Band
₹15 per share
Issue Size
55,20,000 shares (agg. up to ₹8 Cr)
Lot Size
8,000 Shares
Listing Date
Thu, Apr 16, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.07x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 42.94 | 39.44 | 38.79 | 10.29 |
| Total Income | 38.78 | 73.45 | 69.77 | 52.43 |
| Profit After Tax | 0.40 | 0.67 | 0.44 | 0.58 |
| EBITDA | 1.44 | 2.75 | 1.60 | 1.43 |
| NET Worth | 23.22 | 22.81 | 22.15 | 4.40 |
| Reserves and Surplus | 7.86 | 7.46 | 6.79 | 3.74 |
| Total Borrowing | 17.78 | 15.26 | 15.53 | 5.38 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RO Jewels Ltd. | SME | ₹4.91 Cr | ₹36 | 34 | ₹36.00 | +0.00% | ₹1.65 (+0.00%) |
| Goblin India Ltd. | SME | ₹15.20 Cr | ₹52 | null | ₹56.60 | +8.85% | ₹8.00 (+0.00%) |
| SK International Export Ltd. | SME | ₹3.96 Cr | ₹20 | null | ₹20.00 | +0.00% | ₹29.00 (+0.87%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 7.00 |
| 2 | General Corporate Expenses | 0.88 |
| 3 | Public Issue Expenses | 0.40 |
About Laxmi Goldorna House IPO
Incorporated in 2010, Laxmi Goldorna House Ltd is engaged in wholesale and retail trading of gold jewelry and ornaments. In 2017, it also started a real estate business. So, Laxmi Goldorna House is also engaged in the construction of commercial and residential Projects under real estate. The registered office of the company is located at Manek Chowk, Ahmedabad. The company offers a wide product range with a variety of gold jewelry and other jewelry as per the regional taste. It doesn't have any manufacturing unit and designing & processing of jewelry is done by 3rd-party. The company is currently working on the Laxmi Eternia project designed by architecture "Bend Group". The project is nearer to Ahmedabad Airport, Ahmedabad Railway Station, and Baroda Express Way. It has 723, 3BHK Flats and 52 Shop along with party kitchen, basement parking, basketball court, party plot, gym, theatre, play zone, badminton court, and society office. Competitive Strengths1. Wide product portfolio2. Good Quality of Jewellery products3. Comprehensive knowledge of the jewelry industry+ Read More
Contact Details
Laxmi Goldorna House Ltd. AddressLaxmi House, Opp.Bandharano KhachoM G Haveli RoadManek ChowkAhmedabad, Gujarat, 380001+91 79 2214 9482info@laxmilifestyle.co.inVisit Website