Laxmi Goldorna House Limited
IPO Details
Subscription
Lot Distribution
Reservation
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.
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.
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."
- 11 years of proven experience
- Strong connections with customers and suppliers
- Certified for quality and standards (ISO)
NA
- Mr. Jayesh Chinubhai Shah
- Mrs. Rupalben Jayeshkumar Shah
Laxmi Goldorna House Limited
Kfin Technologies Limited