247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Laxmi Cotspin Limited IPO (Laxmi Cotspin IPO) Details

Laxmi Cotspin Limited is an Textiles based company, located in Jalna, Laxmi Cotspin Limited IPO size was 9.60 Cr. and was issued at 20.00 per share. The share of Laxmi Cotspin Limited were listed at 19.90 per share and are currently trading at 29.54 per share.

Type :
Sub Sector : Business Of Cotton Processing In Textile Industry
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
105.38 Cr.

PAT :
3.86 Cr.

Pricing Report

Issue Price :
20.00

Listing Price :
19.90

Current Market Price :
29.54

Issue Price vs CMP :
9.54 (47.70%)

listing Price vs CMP :
9.64 (48.44%)

Performance Report (CAGR* wise)

CAGR : 5.12
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Laxmi Cotspin

Company Information
Laxmi Cotspin is engaged in the business of cotton processing in textile industry with their production facilities located in cotton growing areas of Marathwada and Vidarbha region at Samangaon which is situated in the Jalna district of State of Maharashtra. They are manufacturer of yarn and they have an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. their business is spread among home textiles, weaving sector, Denim Manufactures and hosiery manufacturers through open end yarn and ring spun yarn. They believe that they are manufacturing premium quality 100% cotton combed and carded hosiery/ warp conventional, organic and BCI yarn in count range of 30s Ne to 40s Ne for the purpose of exporting to Asian and
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Object of Issue
  • Achieve the benefits of listing the Equity Shares on the Emerge Platform of NSE
  • To carry out the sale of ,00,000 Equity Shares by the Selling Shareholders and
  • Enhance their brand name and provide liquidity to the existing shareholders

Laxmi Cotspin SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2017
IPO Size :
9.60 Cr.
PE Multiple :
8.00
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Laxmi Cotspin operates in Textiles and Business Of Cotton Processing In Textile Industry. The Issue is listed on NSE EMERGE in Mar, 2017. Laxmi Cotspin IPO size was 9.60 Cr. with Issue price of 20.00 .

Laxmi Cotspin IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Laxmi Cotspin IPO listed at a listing price of 19.90 against the offer price of 20.00.

The current market price of Laxmi Cotspin is 29.54.

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