Latteys Industries Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

23 May 2018

Close Date

28 May 2018

Allotment

03 Jun 2018

Listing Date

05 Jun 2018

Exchange

BSE SME

Price Band

₹66

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹66

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

12,22,000 shares (aggregating up to ₹8.07 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹132,000

1 lot

Pre-IPO Holding

33,77,666 shares

Promoters

Post-IPO Holding

45,99,666 shares

Promoters

UPI Deadline

2018-05-28

Mandate

Anchor AllotmentTue, 22 May 2018

Basis of AllotmentSun, 03 Jun 2018

Refund InitiationMon, 04 Jun 2018

Demat CreditMon, 04 Jun 2018

Listing DayTue, 05 Jun 2018

UPI Mandate Deadline2018-05-28

Sale TypeFresh Capital

Net Offer to Public11,60,000 shares (aggregating up to ₹7.66 Cr)

Market Maker Quota62,000 shares (aggregating up to ₹0.4092 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Latteys Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 May 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	62,000	—	₹0.41
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,222,000	100%	₹8.07

IPO Shares Offered

Latteys Industries Ltd. IPO total issue size: ₹8.07 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	62,000	₹0.41	5.07%
Total	1,222,000	₹8.07	100.00%

* Based on upper price band ₹66 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹66.00

Upper Band

Min Investment

₹132,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹264,000
Retail (Max — 13 Lots)	13	26,000	₹1,716,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,848,000
B-HNI (Min — 68 Lots)	68	136,000	₹8,976,000

* Issue Price ₹66 × Lot Size 2,000 shares

IPO Schedule

Anchor

22 May 2018

✓ Done

IPO Open

23 May 2018

✓ Done

IPO Close

28 May 2018

✓ Done

Allotment

03 Jun 2018

✓ Done

Refunds

04 Jun 2018

✓ Done

Demat Credit

04 Jun 2018

✓ Done

Listing Day

05 Jun 2018

✓ Done

₹66.00

INR · BSE

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Issue ₹66.00 Live Price

About Latteys Industries Ltd.

Incorporated in 2013, Gujarat based Latteys Industries Limited is a company engaged in the business of manufacturing of pumping solutions for homes, agriculture & industrial sectors. Pumps include Submersible, Self-Priming, Centrifugal, Shallow and Horizontal Pumps. The Company manufactures more than 700 models of pumps as its portfolio. These pumps are widely used by Domestic and Industrial sectors.Latteys Industries started manufacturing in the year 2004 in Chatraal, Gujarat and moved to a strategic location of GIDC Naroda, Gujarat with an area of 5,718 sq. meters in the year 2011. The Company currently has an installed production capacity of 1,59,500 pumps p.a. It has 76 employees at its manufacturing facility and registered office.

Objects of the Issue

1 Funding the working capital requirements of the Company

2 General corporate purposes

Latteys Industries Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,153.4

31-Mar-15

₹2,605.1

31-Mar-16

₹3,577.4

31-Mar-17

Profit After Tax (PAT)

₹14.0

31-Mar-15

₹31.1

31-Mar-16

₹55.6

31-Mar-17

Particulars	31-Mar-17	31-Mar-16	31-Mar-15
Revenue from Operations	3577.44	2605.11	2153.37
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	55.62	31.09	13.98
Net Worth	N/A	N/A	N/A
Total Assets	2611.95	2014.35	1466.07
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered12,22,000 (100.00%)

Net Offer to Public11,60,000 shares (aggregating up to ₹7.66 Cr)

Reserved for Market Maker62,000 shares (aggregating up to ₹0.4092 Cr)

Pre-Issue Promoter Holding33,77,666 shares

Post-Issue Promoter Holding45,99,666 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

latteys.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Pantomath Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Latteys Industries Ltd. IPO subscribed? ▲

Latteys Industries Ltd. IPO is subscribed 1.00 times by May 28, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Latteys Industries Ltd. IPO retail subscription status? ▼

The Latteys Industries Ltd. IPO retail category is subscribed 1.00 times as of 28 May 2018. The retail portion is oversubscribed.

How to subscribe Latteys Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 May 2018 and closes 28 May 2018. Min investment: ₹132,000 (1 lot = 2,000 shares). UPI mandate: 2018-05-28.

How many times Latteys Industries Ltd. IPO subscribed? ▼

The Latteys Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Latteys Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jun 2018. Refunds: on 04 Jun 2018.

When Latteys Industries Ltd. IPO will be listed? ▼

The Latteys Industries Ltd. IPO listing date is 05 Jun 2018, Tuesday. Listed on: BSE SME. Issue price: ₹66. Estimated listing: ₹66. GMP: NIL.

When Latteys Industries Ltd. IPO close? ▼

The Latteys Industries Ltd. IPO closes on 28 May 2018, Monday. UPI mandate: 2018-05-28. Allotment: 03 Jun 2018. Listing: 05 Jun 2018.

Quick Actions

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Live Price LIVE

Last Price₹66.00

Change—

Issue Price₹66.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹66

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹132,000

GMPNIL

Est. Listing₹66

Subscribed1.00x

Open Date23 May 2018

Close Date28 May 2018

Allotment03 Jun 2018

Listing Date05 Jun 2018

ExchangeBSE SME

UPI Deadline2018-05-28