LAXMI COTSPIN LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO LAXMI COTSPIN LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Laxmi Cotspin Ltd.

Laxmi Cotspin Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹20
₹20
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹20
Based on GMP
Min. Investment
₹120,000
1 lot × 6000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
17 Mar 2017
Close Date
22 Mar 2017
Allotment
28 Mar 2017
Listing Date
31 Mar 2017
Exchange
NSE SME
Price Band
₹20
Listing Price
See chart
Allotment Status
Price Band
₹20
Per share
Face Value
₹10 per share
 
Lot Size
6,000 Shares
per lot
Issue Size
48,00,000 shares (aggregating up to ₹9.60 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,71,47,670 shares
Promoters
Post-IPO Holding
1,71,47,670 shares
Promoters
UPI Deadline
2017-03-22
Mandate
Anchor AllotmentThu, 16 Mar 2017
Basis of AllotmentTue, 28 Mar 2017
Refund InitiationWed, 29 Mar 2017
Demat CreditWed, 29 Mar 2017
Listing DayFri, 31 Mar 2017
UPI Mandate Deadline2017-03-22
Sale TypeOffer For Sale
Net Offer to Public45,60,000 shares (aggregating up to ₹9.12 Cr)
Market Maker Quota48,00,000 shares (aggregating up to ₹9.60 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Laxmi Cotspin Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Mar 2017.
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
4,800,000
₹9.60
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,800,000
100% ₹9.60
IPO Shares Offered
Laxmi Cotspin Ltd. IPO total issue size: ₹9.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 4,800,000 ₹9.60
100.00%
Total 4,800,000 ₹9.60
100.00%
* Based on upper price band ₹20 per share
Lot Size & Investment
Lot Size
6,000
Shares per Lot
Issue Price
₹20.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)212,000₹240,000
Retail (Max — 13 Lots)1378,000₹1,560,000
S-HNI (Min — 14 Lots)1484,000₹1,680,000
B-HNI (Min — 68 Lots)68408,000₹8,160,000
* Issue Price ₹20 × Lot Size 6,000 shares
IPO Schedule
Anchor
16 Mar 2017
✓ Done
IPO Open
17 Mar 2017
✓ Done
IPO Close
22 Mar 2017
✓ Done
Allotment
28 Mar 2017
✓ Done
Refunds
29 Mar 2017
✓ Done
Demat Credit
29 Mar 2017
✓ Done
Listing Day
31 Mar 2017
✓ Done
Laxmi Cotspin Ltd. — Live Price LIVE
₹20.00
INR · NSE
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Issue ₹20.00 Live Price
About Laxmi Cotspin Ltd.
Incorporated in 2008, Laxmi Cotspin Limited is a leading manufacturer of high quality cotton lint, cotton yarn, fabrics and garments. They are engaged in the business of cotton processing in textile industry. Company's business is spread among home textiles, weaving sector, Denim Manufactures and hosiery manufacturers through open end yarn and ring spun yarn.Located in the district of Jalna, in the state of Maharashtra, India, the company started with a capacity of 13,200 spindles. In a short span of time, it has expanded its production facility to 16,800 spindles with compact, lycra and slub attachment. Addition to this they have set up one open end unit with 1200 Rotors. They manufacture quality pesticide free, organic & non organic cotton bales.They export their yarn to Bangladesh, China, Russia, Brazil, Taiwan, Korea, Singapore, Colombia, Iran & Indonesia. They also sale their yarn to various corporate like Alok Indus, Gimatex, Hindustan Spg., Bombay Dyeing, Bharat Vijay Mills, Ashima Ltd and Maral Overseas Ltd.
Laxmi Cotspin Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Financial data will be published once DRHP/RHP is filed with SEBI.
Issue Structure & Shareholding
Total Shares Offered48,00,000 (100.00%)
Net Offer to Public45,60,000 shares (aggregating up to ₹9.12 Cr)
Reserved for Market Maker48,00,000 shares (aggregating up to ₹9.60 Cr)
Pre-Issue Promoter Holding1,71,47,670 shares
Post-Issue Promoter Holding1,71,47,670 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Laxmi Cotspin Ltd. IPO subscribed?

Laxmi Cotspin Ltd. IPO is subscribed 1.00 times by Mar 22, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Laxmi Cotspin Ltd. IPO retail subscription status?

The Laxmi Cotspin Ltd. IPO retail category is subscribed 1.00 times as of 22 Mar 2017. The retail portion is oversubscribed.

How to subscribe Laxmi Cotspin Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 Mar 2017 and closes 22 Mar 2017. Min investment: ₹120,000 (1 lot = 6,000 shares). UPI mandate: 2017-03-22.

How many times Laxmi Cotspin Ltd. IPO subscribed?

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

How to check Laxmi Cotspin 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: 28 Mar 2017. Refunds: on 29 Mar 2017.

When Laxmi Cotspin Ltd. IPO will be listed?

The Laxmi Cotspin Ltd. IPO listing date is 31 Mar 2017, Friday. Listed on: NSE SME. Issue price: ₹20. Estimated listing: ₹20. GMP: NIL.

When Laxmi Cotspin Ltd. IPO close?

The Laxmi Cotspin Ltd. IPO closes on 22 Mar 2017, Wednesday. UPI mandate: 2017-03-22. Allotment: 28 Mar 2017. Listing: 31 Mar 2017.