Latteys Industries Ltd is incorporated in 2013 based in Gujarat. The company is a manufacturer of pumping solutions like Submersible, Self-Priming, Centrifugal, Shallow and Horizontal Pumps. The company product range used in home, agriculture and industrial sectors as well. They have their manufacturing facility in 2004 in Chatraal, Gujarat. Latteys Industries ipo is starting from 23-May and ends on 28-May. The price band is around Rs.66 with 2000 market lot. The ipo size is around 08.06 crore rupees.
IPO Review:
- Risky
Latteys Industries IPO Dates & Price Band:
- IPO Open: 23 May 2018
- IPO Close: 28 May 2018
- IPO Size: Approx Rs 8.06 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.66 Per Equity Share
- Listing on: NSE SME
- Shares: 1,222,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,32,000
IPO Allotment & Listing:
- Basis of Allotment: 01-June-2018
- Refunds: 04-June-2018
- Credit to demat accounts: 05-June-2018
- Listing: 06-June-2018
Sponsored Links
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 18.56 | 18.35 | 0.14 | ||
| 2015 | 21.53 | 21.33 | 0.14 | ||
| 2016 | 26.05 | 25.59 | 0.31 | ||
| 2017 | 35.77 | 34.89 | 0.56 | ||
| 2018 (H1) | 15.27 | 14.85 | 0.31 | ||
Grey Market Premium:
- The grey market is around Rs.N/A Subject to Sauda.
Latteys Industries IPO Subscription Status:
- IPO Subscribed 2.34 times overall
Latteys Industries IPO Allotment Status:
Company Promoters:
- Kapoor Chand Garg
- Pawan Garg
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
IPO Lead Managers:
- Pantomath Capital Advisors Pvt. Ltd.
Company Address:
Latteys Industries Limited
Plot No. 16
Phase- 1/2, GIDC Estate
Naroda Ahmadabad Gujarat 382330
Phone: 079-22823354
Email: [email protected]
Website: http://www.latteysindustries.com
