Lagnam Spintex Limited IPO Message Board (Page 6)

apply only if NII comes in because in the past textile companies have failed to attract response ... On RII front it is easily crossing 5x

subject to sauda rs 8000

Whare boss ? .....

yha sme platforme pr S2S -30000

hahhahahah

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Bhai Akshar Spintex ko jra dekh lo kya hal 40 se 25-26 pr h

As i told you earlier, grey mkt premium is active,
so it will oversubscribe more than 5 times.
despite of fundamental factor.

Stock market always not give fancy to textile sector. So lets wait and see how hni responds.

That's true, secondly Co doesn't operate in any Branded domain.
So apply for the listing Gains..

Good LM. Holani is LM of E2E. It list with bang (54% Listing gain).

One can Apply for the listing gains...
Promotors are experienced & Good....

* Company to open a new ring spinning manufacturing facility ( 25536 spindles capacity) for high quality Ring spun carded and combed yarn.

* Cost of Project ----------- 128 Cr (Including issue expenses of 2.6 Cr)

Major portion through a bank loan of 94 crores (75 %) of the project cost from SBI & PNB
From IPO ---------------------------------24.6 crores i.e. (19 %)
Through Internal accruals -------------- 9.4 crores

Lagnam Infotech Solutions Pvt. Ltd and Mrs. Veena Mangal, member of promoter group, have pledged their 49,29,000 and 9,00,000 (about 50% of the Pre-IPO) equity share capital for securing this loan.

Loan from Bank -------- Sanction Date ------------ Amount ---------- Intt.Rate ------------------ Repayment Start from
SBI ------------------------- 15-02-2018 ---------------- 50 Cr ---------- 9.5% p.a. --------------------- Sep 2020
PNB ----------------------- 31-01-2018 ---------------- 45 Cr -------- 10.15% p.a.

Company will be eligible for a 6 % interest subsidy for a period of 5 years under the Rajasthan Investment Promotion Scheme (RIPS 2014) so net cost of borrowing to the company will be 3.5 % - 4.15 %.

Should I apply or not... I am very new in IPO...Please suggest..

aj toh first day hai .. dekhte hai subscription figure.

Bank of India sath me hai ..

Apply full force

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Pls share source of information.

LAGNAM IPO IS VERY GOOD . EVERYBODY WILL GET GOOD RETURN ON LISTING DAY. I M APPLYING IN HNI CATEGORY

@rajakumar sir your take on this ipo

LANGNAM VALUATION
POST ISSUE====PRE ISSUE
EPS==============2.65=====4.01
NAV=============28.89=====22.66
RONW===========9.18=====17.72
DE==============1.12=====2.17
EBIDTA MARGIN==13.23=====13.23
PAT MARGIN======5.54=====5.54
PE=============15.47=====10.22
P/BV============1.42======1.81
MC/SALES=======0.86=====0.57
EV/EBITA========11.6======9.4

it is good for applying ....please suggest.

invest only for short term listing gain of about 5-7 percent

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I think will get good subsctiption. As premium is going on in gery market.

Apply krna chaye ya ni... i am new in IPO...PLEASE SUGGEST MENTORS

LAGAN SUBJECT 6500 RS BYER

Sir ji I sold my 7 Application for this SME IPO
Lagnam spinetx

Rajshee IPO. Track record of PL Capitals - merchant IPO.... Rajoil, rishabhdev, austral, ganesh jewellery, all IPOs underperfomer, SME - Mitcon - underperfomer, Strongly avoid IPO of PL. Bad name in stock market. details taken from website, Wasting investors money. Purely avoid dont get trapped. Investor crying till date.