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Laxmi Goldorna SME IPO Review

SME IPO Status: Listed [20th Mar 2020 to 3rd Apr 2020]

Rated 3/5 by Team InvestorGain
Laxmi Goldorna SME IPO Detail

Laxmi Goldorna SME IPO Details

SME IPO Issue Opening Date: 20th Mar 2020
SME IPO Issue Closing Date: 3rd Apr 2020
SME IPO Issue Price: ₹15 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: NSE SME
Retail Quota: TBD
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹8.28 Cr
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 100%
Promoter Holding Post IPO: 73.54%

Laxmi Goldorna SME IPO Important Dates

Get important updates regarding Laxmi Goldorna SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Laxmi Goldorna SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* Not Yet Announced
Refunds Initiation* Not Yet Announced
Credit of Shares to Demat* Not Yet Announced
SME IPO Listing Date* 16th Apr 2020

* - Tentative Dates

Laxmi Goldorna SME IPO Lots

SME IPO Activity Date
Issue Price ₹15
Market Lot: 8000 Shares
1 Lot Amount: ₹120000
Min HNI Lots: 16000 shares(2 lots)- ₹240000

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About Company - Laxmi Goldorna

Laxmi Goldorna SME IPO review covers all the information regarding the company like business, objective, strength, weakness, financials, IPO Price, important dates and much more. The Laxmi Goldorna IPO opens on 20-Mar-2020 and closes on 03-Apr-2020. The RHP has been filed on 11th Mar 2020.

  • Fresh Issue: 8.28 Cr
  • Company Incorporated Year: 2010
  • Sector: Gems and Jewellery
  • Website:

About Laxmi Goldorna House Ltd

Laxmi Gordorna House Private Limited is engaged in manufacturing and trading of gold jewelry and ornaments. The business offers clients a wide variety of gold and diamond jewelry to meet their expectations. The company operates in two business segments; one is processing, wholesale and retail trading of jewelry and another is real estate.

In the jewelry segment, its product portfolio includes gold jewelry, silver jewelry, platinum jewelry, and diamond jewelry. The company serves customers across high-end, mid-market and value market segments as well. Although most of the design of its products are designed in a traditional manner, but at the same time, looking to changing consumers' preference and taste, the business has also developed Indo-Western jewelry using 3D Computer-Aided Designing Software. It further offers customized designs jewelry to customers. The company is not engaged in manufacturing activities as its products are manufactured by third parties on job-work basis.

However, in 2017, the company has taken a step further and entered into the real estate sector, wherein the key business activity is to construct commercial and residential properties. Currently, Laxmi Eternia in Ahmadabad is its ongoing project which includes the construction of exclusive 723, 3BHK Flats and 52 Shops. As on September 30, 2019, the business has reported net profit after tax worth Rs. 40.16 Lac.

Laxmi Goldorna SME IPO Strengths

  • High-quality jewelry and ornaments at competitive prices.
  • Huge product portfolio including gold, diamond, silver and precious stone jewelry.
  • Highly skilled and experienced manpower.
  • Customer-centric offerings as it offers customized products to clients.
Incorporation Sector IPO Issue Size Website
NULL ₹8.28 Cr

Laxmi Goldorna SME IPO Objective

The net proceeds from the IPO will be used for the following purposes;

  • To meet the organization’s working capital requirement.
  • To meet general corporate purposes.
  • To meet the issue expenditures.

Our experts can help you prepare for SME IPO

Laxmi Goldorna SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 2,616,000 Shares
  • Retail Individual Investor: 2,616,000 Shares
IPO Bidding Live Updates from BSE + NSE
 # of Shares Offered2,616,000 (50%)2,616,000 (50%)5,232,000
120th Mar 2020 14:120.00x0.00x0.00x
223rd Mar 2020 17:020.00x0.01x0.01x
324th Mar 2020 17:020.25x0.01x0.13x
425th Mar 2020 17:020.25x0.02x0.13x
526th Mar 2020 17:020.36x0.02x0.19x
627th Mar 2020 17:020.36x0.04x0.20x
730th Mar 2020 17:020.38x0.04x0.21x
831st Mar 2020 17:020.71x0.04x0.38x
91st Apr 2020 17:020.83x0.07x0.45x
103rd Apr 2020 17:022.22x0.20x1.21x
Laxmi Goldorna financial
Laxmi Goldorna IPO Financials 30-Sep-2019 31-Mar-2019 31-Mar-2018 31-Mar-2017
Total Assets ₹4,294.28 Lakhs ₹3,943.94 Lakhs ₹3,879.01 Lakhs ₹1,028.52 Lakhs
Total Revenue ₹3,877.66 Lakhs ₹7,344.97 Lakhs ₹6,977.25 Lakhs ₹5,242.52 Lakhs
Total Expenses ₹3,823.64 Lakhs ₹7,255.40 Lakhs ₹6,918.12 Lakhs ₹5,138.54 Lakhs
Net Profit/Loss ₹40.16 Lakhs ₹66.82 Lakhs ₹44.06 Lakhs ₹58.05 Lakhs

Company Address

Laxmi Goldorna House Ltd
Laxmi House, Opp. Bandharano Khacho, M G Haveli Road, Manek Chowk
Phone: +91 79 2214 9482
Email: [email protected]

Laxmi Goldorna SME IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]

Laxmi Goldorna SME IPO Lead Manager

Laxmi Goldorna SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Laxmi Goldorna? Should I apply in Laxmi Goldorna SME IPO?

Last Updated on 04-Dec-2021 12:14:15

User Reviews

5. Chaitanya Mar 18 2020 01:07:06 AM Reply
Laxmi Goldorna IPO expected listing gain.
4. VASUDEV Patel Mar 18 2020 01:07:06 AM Reply
Please confirm Laxmi Goldorna IPO GMP (grey market premium) and kostak.
3. Amjad Mar 18 2020 01:07:06 AM Reply
Laxmi Goldorna IPO good or bad.
2. gopal Mar 18 2020 01:07:06 AM Reply
Laxmi Goldorna IPO whether to invest or not.
1. Rakibul Islam Mar 18 2020 01:07:06 AM Reply
Laxmi Goldorna IPO - CRISIL Rating, Apply or not?.