| Laxmipati Engineering Works Ltd |
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| Registered Office: Office Block Plot No 237/2&3, A/25 Central Park Society GIDC, Surat - 394221, Gujarat |
| Phone: 91-261-2894415/16 |
| Email: admin@sivishipping.com |
| Website: www.laxmipatiengineering.com |
| Public issue of 27,42,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 25 per equity share (the "issue price") (including a share premium of Rs. 15 per equity share) aggregating Rs. 6.86 crores (the "issue") by the company, of which 11,58,000 equity shares of Rs. 10 each will be reserved for subscription by the promoter (the "promoter contribution") and 1,44,000 equity shares of face value of Rs. 10/- each will be reserved for subcription by market maker to the issue (the "market maker reservation portion"). The issue less the promoter's contribution and the market maker reservation portion i. e. Issue of 14,40,000 equity shares of face value of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 47.67% and 25.03%, respectively of the post issue paid up capital of the company. The issue price is Rs. 25 The issue price is 2.5 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 18-Feb-2014 | 21-Feb-2014 | ₹ 25.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 6.86 | Pantomath Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 6.86 | |
| Post Issue Equity Share Capital | 5.75 | |
| Issue Price | ₹25.00 | |
| Projects |
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| Working capital requirements |
| Repay certain unsecured loans availed by us |
| Promoted By |
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| Manoj Kumar Sarawagi |
| Listing At |
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| BSE - SME |
| Registrar to the Issue |
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