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LGLGHLListed

Laxmi Goldorna House Limited

Fixed Price Issue IPO · NSE

Price band
₹15 - ₹15
Lot size
8,000 shares
Issue amount
₹8.28 cr
Total subscription
0×
Current price₹213.26
Listing price ₹15
Watch live price ↗
Opens
20 Mar 2020
Closes
3 Apr 2020
Allotment
9 Apr 2020
Listing
13 Apr 2020

Offer at a glance

Issue overview

Issue size
55,20,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹0 cr
Offer for sale
₹0 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE
Maximum investment
₹1,20,000
Issue type
Fixed Price Issue IPO
Shares before issue
1,53,51,900
Shares after issue
2,08,71,900

Lot sizes

CategoryLotsSharesAmount
RETAIL18,000₹1,20,000
HNI216,000₹2,40,000

Share reservation

Market Maker5.22%
HNI47.39%
RETAIL47.39%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5124 Dec: ₹0
24 Dec₹024 Dec

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
02,0004,0006,0008,000Mar-17 · Revenue: 5,242.52Mar-17 · Profit after tax: 58.05Mar-17Mar-18 · Revenue: 6,977.25Mar-18 · Profit after tax: 44.06Mar-18Mar-19 · Revenue: 7,344.97Mar-19 · Profit after tax: 66.82Mar-19Sep-19 · Revenue: 3,877.66Sep-19 · Profit after tax: 40.16Sep-19
RevenueProfit after tax

Company information

Company profile

Laxmi Goldorna House Ltd, established in 2010, is engaged in the wholesale and retail trading of gold jewellery and ornaments and later diversified into real estate development in 2017, undertaking residential and commercial projects. The company’s registered office is situated at Manek Chowk, Ahmedabad, and it offers a variety of gold and other jewellery designs suited to regional customer preferences, while outsourcing jewellery design and manufacturing to third-party vendors. At present, the company is developing a real estate project named Laxmi Eternia, designed by the Bend Group, which is strategically located near Ahmedabad Airport, Ahmedabad Railway Station, and the Baroda Expressway, and comprises 723 three-bedroom apartments and 52 shops along with amenities such as basement parking, gym, theatre, sports courts, play areas, party spaces, and a society office.

Strengths

  • 11 years of proven experience
  • Strong connections with customers and suppliers
  • Certified for quality and standards (ISO)

Promoters

Mr. Jayesh Chinubhai Shah

Mrs. Rupalben Jayeshkumar Shah

Registrar & documents

Lead manager

Beeline Capital Advisors Private Limited

Registered office

Laxmi House, Opp. Bandharano Khacho, M G Haveli Road, Manek Chowk, Ahmedabad, Gujarat-380001, India

+91 79 2214 9482

[email protected]Company website ↗

Understanding LGHL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.