Lorenzini Apparels Ltd

Public issue of 44,70,000 equity shares of a face value of Rs. 10/- each (the "equity shares") of Lorenzini Apparels Limited ("The Company" or "LAL" or "the issuer") for cash at a price of Rs. 10/- per equity share ("issue price") aggregating to Rs. 4.47 crores ("the issue") of which 2,30,000 equity shares aggregating to Rs. 0.23 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 42,40,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 10.00 per equity share aggregating to Rs. 4.24 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 44.09% and 41.82%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 10.00 is 1.0 times of the face value.
Opens On Closes On
31-Jan-18 06-Feb-18
Money Payable On
Application Allotment
10.00 0.00
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
Cr Lead Managers to the Issue
Project Cost (.Cr) 4.47 Fedex Securities Ltd
Project Financed through Current Offer (.Cr) 4.47  
Post Issue Equity Share Capital (.Cr) 10.14
Issue Price () 10.00
Funding of working capital requirements of the company
Promoted By
Sandeep Jain
Deepika Jain
Listing At
Registrar to the Issue
Skyline Financial Services Pvt