Laxmi Goldorna House IPO Details
Laxmi Goldorna IPO description – Laxmi Goldorna House started its journey in the year 2010 with business of gold jewellery and ornaments which includes wholesale and retail trading of all types of jewellery items. The company processes some of its jewellery through jobwork as the company does not have its own manufacturing establishment. Most of its jewellery is designed in a traditional manner as the demand for traditional jewellery is very high in the local markets of Ahmedabad and nearby localities. The company also diversified in real estate in the year 2017 which includes construction of commercial and residential projects by adding real estate business in its main object in Memorandum of Association. Since the company has recently started the real estate activities, it does not have any completed project. One of its projects is ongoing and another project is proposed.
Promoters of Laxmi Goldorna House – Mr Jayesh Chinubhai Shah and Mrs Rupalben Jayeshkumar Shah
| Laxmi Goldorna House IPO details | |
| Subscription Dates | 20 – 26 March (Extended till 3 April 2020 due to lockdown) |
| Price Band | INR15 per share |
| Fresh issue | 5,520,000 shares (INR8.28 crore) |
| Offer For Sale | Nil |
| Total IPO size | 5,520,000 shares (INR8.28 crore) |
| Minimum bid (lot size) | 8,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Laxmi Goldorna House’s financial performance (in INR lakh) | ||||
| FY2017 | FY2018 | FY2019 | H1 FY2020 | |
| Revenue | 5,242.5 | 6,977.3 | 7,345.0 | 3,877.7 |
| Expenses | 5,138.5 | 6,918.1 | 7,255.4 | 3,823.6 |
| Net income | 58.1 | 44.1 | 66.8 | 40.2 |
Registrar of Laxmi Goldorna House IPO
KFin Technologies Private Limited Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com
Valuation of Laxmi Goldorna House IPO (FY2019)
Earnings Per Share (EPS): INR0.44 Price/Earnings (PE ratio): 34.46 Return on Net Worth (RONW): 2.93% Net Asset Value (NAV): INR14.86 per share
Laxmi Goldorna House IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.00 |
| Day 2 | 0.01 |
| Day 3 | 0.12 |
| Day 4 | 0.13 |
| Day 5 | 0.19 |
| Day 6 | 0.19 |
| Day 7 | 0.20 |
| Day 8 | 0.36 |
| Day 9 | 0.42 |
| Day 10 | 1.14 |
Laxmi Goldorna House Contact Details
Laxmi Goldorna House Limited
Block No.58/106-107-108, Anandnagar Flats, B/h Venus Atlantis, Prahladnagar, Satellite, Ahmedabad-380015
Phone: 91 79-2214 9482
Email: [email protected]
Website: www.laxmilifestyle.co.in
Laxmi Goldorna House IPO Allotment Status
Laxmi Goldorna House IPO allotment status is now available on KFin Technologies’ website. Click on this link to get allotment status.
Listing Performance of Laxmi Goldorna House
IPO Opening Date: 20 March 2020
IPO Closing Date: 26 March 2020 (Extended till 3 April 2020 due to Coronavirus lockdown)
Listing Date: 16 March 2020
Opening Price on NSE SME: INR15 per share (no change from IPO price)
Closing Price on NSE SME: INR15 per share (no change from IPO price)