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Laxmi Goldorna House Limited Logo

Laxmi Goldorna House Limited

Mar 20, 2020 – Apr 03, 2020
Listed Price:
₹15.00
(+0.00%)
Price Band₹15 - ₹15
Lot Size8,000 Shares
Allotment DateApr 09, 2020
Listing DateApr 13, 2020
Subscription-
Issue Size₹8.28 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The public market debut of Laxmi Goldorna House Limited's was completed on Apr 13, 2020 with its listing on the NSE exchange. The IPO process raised 55,20,000 Shares in total capital, consisting of TBD in new equity.

The offering featured a price range of ₹15 to ₹15 and minimum application size of 8000 shares. Investor response during the subscription period from Mar 20, 2020 to Apr 03, 2020 influenced the final allotment ratios across investor categories.

Final allotment was announced on Apr 09, 2020, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Laxmi Goldorna IPO Details
IPO Date
:
Mar 20, 2020 to Apr 03, 2020
Allotment Date
:
Apr 09, 2020
List Date
:
Apr 13, 2020
Lot Size
:
8,000 share
Issue Price
:
₹15 - ₹15
Issue Size
:
55,20,000 (aggregating up to 8.28 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
NSE
Share Holding Pre-Issue
:
1,53,51,900
Share Holding Post-Issue
:
2,08,71,900
Market Marker Portion
:
2,88,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares55,20,000
Market Maker
5.22%(2,88,000)
HNI
47.39%(26,16,000)
RETAIL
47.39%(26,16,000)
Total
100.00%(55,20,000)
Laxmi Goldorna IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in Lakhs)
Laxmi Goldorna IPO About Company

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.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Laxmi Goldorna IPO Strength Factors
  1. 11 years of proven experience
  2. Strong connections with customers and suppliers
  3. Certified for quality and standards (ISO)
⚠️Laxmi Goldorna IPO Risk Factors

NA

🏦Laxmi Goldorna IPO Lead Manager(s)
Beeline Capital Advisors Private Limited
👤Laxmi Goldorna IPO Promoter(s)
  1. Mr. Jayesh Chinubhai Shah
  2. Mrs. Rupalben Jayeshkumar Shah
🏢Laxmi Goldorna IPO Company Details

Laxmi Goldorna House Limited

Phone:+91 79 2214 9482
address:Laxmi House, Opp. Bandharano Khacho, M G Haveli Road, Manek Chowk, Ahmedabad, Gujarat-380001, India
📋Laxmi Goldorna IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited
Phone:04067162222
❓Laxmi Goldorna IPO FAQs
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