Laxmi India Finance Ltd IPO
- Status: Upcoming
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shares
Minimum Investment
IPO Details
- Open Date
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- Close Date
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- IPO
Price Range
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- IPO
Size
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- Listing Exchange
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- Listing Date
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IPO Timeline
Initial public offer of up to 16,092,195 equity shares of face value of Rs. 5/- each (Equity Shares) of Laxmi India Finance Limited (Company ) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (The Offer Price) aggregating up to Rs. [*] crores (The Offer) comprising a fresh issue of up to 10,453,575 equity shares aggregating up to Rs. [*] crores by the company (The Fresh Issue) and an offer for sale of up to 5,638,620 equity shares aggregating up to Rs. [*] crores (The Offer for Sale) by the selling shareholders, consisting of up to 3,084,952 equity shares aggregating up to Rs. [*] crores by Deepak Haid, up to 913,070 equity shares aggregating up to Rs. [*] crores by Prem Devi Baid, up to 1,261,902 equity shares aggregating up to Rs. [*] crores by Aneesha Baid, up to 180,000 equity shares aggregating up to Rs. [*] crores by Deepak Hitech Motors Private Limited, up to 90,000 equity shares aggregating up to Rs. [*] crores by Prem Dealers Private Limited, up to 54,348 equity shares aggregating up to Rs. [*] crores by Preeti Chopra and up to 54,348 equity shares aggregating up to Rs. [*] crores by Rashmi Giria (Collectively Referred to as the Selling Shareholders and such equity shares offered by the selling shareholders, Offered Shares). The offer shall constitute up to [*]% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 5/- each and the offer price is [*] times the face value of equity shares. The price band and the minimum bid lot will be decided by the company. The offer includes a reservation of up to [*] equity shares of face value of Rs. 5/- each, aggregating up to Rs. [*] crores (Constituting up to [*]% of the post-offer paid-up Equity Share Capital), for subscription by eligible employees (As Defined Hereinafter) (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as The Net Offer. The company in consultation with the brlm, may offer a discount of Rs. [*] to the offer price (Equivalent of Rs. [*] per Equity Share) to eligible employees bidding in the employee reservation portion (Employee Discount). The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company.
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