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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹8.28 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.28 Cr |
| Fresh Issue | ₹7.85 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹15.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | LGHL |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Broking Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 8,000 shares and in multiples thereof
Incorporated in 2010, Laxmi Goldorna House Ltd is engaged in wholesale and retail trading of gold jewelry and ornaments. In 2017, it also started a real estate business. So, Laxmi Goldorna House is also engaged in the construction of commercial and residential Projects under real estate.
The registered office of the company is located at Manek Chowk, Ahmedabad. The company offers a wide product range with a variety of gold jewelry and other jewelry as per the regional taste. It doesn't have any manufacturing unit and designing & processing of jewelry is done by 3rd-party.
The company is currently working on the Laxmi Eternia project designed by architecture "Bend Group". The project is nearer to Ahmedabad Airport, Ahmedabad Railway Station, and Baroda Express Way. It has 723, 3BHK Flats and 52 Shop along with party kitchen, basement parking, basketball court, party plot, gym, theatre, play zone, badminton court, and society office.
Competitive Strengths
1. Wide product portfolio
2. Good Quality of Jewellery products
3. Comprehensive knowledge of the jewelry industry
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 7.00 |
| 2 | General Corporate Expenses | 0.88 |
| 3 | Public Issue Expenses | 0.40 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| P/E (x) | 39 | |
| Promoter Holding | 100% | 73.54% |
| Market Cap | ₹31.31 Cr. | |
