
Consumer Durables / Consumer Cyclicals · NSE
Laxmi Goldorna House Ltd, established in 2010, is engaged in the wholesale and retail trading of gold jewellery and ornaments and later diversified into real estate development in 2017, undertaking residential and commercial projects. The company’s registered office is situated at Manek Chowk, Ahmedabad, and it offers a variety of gold and other jewellery designs suited to regional customer preferences, while outsourcing jewellery design and manufacturing to third-party vendors. At present, the company is developing a real estate project named Laxmi Eternia, designed by the Bend Group, which is strategically located near Ahmedabad Airport, Ahmedabad Railway Station, and the Baroda Expressway, and comprises 723 three-bedroom apartments and 52 shops along with amenities such as basement parking, gym, theatre, sports courts, play areas, party spaces, and a society office.
Price Band
₹15
Issue Size
₹8.28 Cr
Lot Size
8000 shares
GMP
Est. Listing
₹15
at current GMP
Subscribed
—
Open
20 Mar 2020
Close
3 Apr 2020
Allotment
9 Apr 2020
Refund
10 Apr 2020
Demat Credit
11 Apr 2020
Listing
13 Apr 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,760,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 828,000 | — | 0.00x |
| Retail Individual (RII) | 1,932,000 | — | 0.00x |
| Total | 5,520,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 242 | 242 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 7 | 7 | 1.00x |
| Total Applications | 251 | 251 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Laxmi Goldorna House Limited is bringing an initial public offering (IPO) in the Consumer Durables / Consumer Cyclicals sector with an aggregate issue size of ₹8.28 Crores. The shares are offered at a price band of ₹15 to ₹15 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 8000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-04-11, while un-allotted funds or UPI block mandates will be released on 2020-04-10.
Currently, Laxmi Goldorna House Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹15 to ₹15 per equity share.
The retail lot size is 8000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹15 per equity share.
The Laxmi Goldorna House Limited IPO aggregate issue size is ₹8.28 Crores with an equity price band set at ₹15 to ₹15 per equity share. The retail lot size is 8000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2020-04-09. Investors can verify status using PAN card or application number.
Laxmi Goldorna House Limited shares are scheduled to list on NSE on 2020-04-13.