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Lexus Granito (India) Ltd IPO (Lexus Granito IPO) Detail

Aug 9, 2017 - Aug 11, 2017

Incorporated in 2007, Lexus Granito (India) Limited is mainly engaged in manufacturing, trading and marketing vitrified ceramic tiles and wall tiles in India and internationally. They market and sell their product under the brand name "Lexus". They offers wall, floor, and decorative elevation tiles to home owners and commercial facilities.

They were outsourcing manufacturing of wall tiles to third party manufacturers but recently they have set up their own wall tiles manufacturing unit at their existing facility which is situated at Morbi, Gujarat. They also exports its products to Saudi Arabia, Mexico, Kuwait, Oman, etc.

Company Promoters:

The Promoters of the Company are:

1. Nilesh Detroja;
2. Hitesh Detroja;
3. Anilkumar Detroja and
4. Pavan Blackrock Pvt Ltd

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 16,439.35 9,798.09 5,910.54 6,022.14 6,972.31
Total Revenue 16,473.11 10,226.87 8,090.04 5,925.34 6,365.39
Profit After Tax 508.82 320.20 203.04 31.99 156.17

Objects of the Issue:

The object of the issue are to:

1. Working Capital requirements;
2. General Corporate Purposes.

Issue Detail:

  »»  Issue Open: Aug 9, 2017 - Aug 11, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 5,760,000 Equity Shares of Rs 10 aggregating up to Rs 25.92 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 41 - Rs 45 Per Equity Share
  »»  Market Lot: 3000 Shares
  »»  Minimum Order Quantity: 3000 Shares
  »»  Listing At: NSE SME

Lexus Granito IPO Reviews:

  1. Lexus Granito (India) Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved1,728,0002,016,0002,016,0005,760,000
Day 1 - Aug 9, 2017 17:00 IST921000147000040860006477000
Day 2 - Aug 10, 2017 17:00 IST169800042750001966200025635000
Day 3 - Aug 11, 2017 17:00 IST527400012444300074541000204258000

Lexus Granito IPO Prospectus

Lexus Granito IPO Rating

245
4.0
Rating:Rated 4.0 stars

Vote Here ...

Lexus Granito IPO News Alerts

No alert found.

Company Contact Information

Lexus Granito (India) Ltd
Survey No. 800, Opp. Lakhdhirpur Village,
Lakhdh irpur Road, N. H. 8A,
Tal. Morbi, Lakhdhirpur, Rajkot – 363642
Phone: +91 7567500110
Fax: NA
Email: info@lexustile.com
Website: http://www.lexustile.com

Lexus Granito IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Lexus Granito IPO Lead Manager(s)

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Lexus Granito IPO Review / Comments

avatar
129. rikesh  Aug 22, 2017 9:45:58 PM IST I Like It. 1 | Report Abuse Reply
Lexus GMP is down from 18000 to 2000.
avatar
128. Ficpl  Aug 21, 2017 5:01:11 PM IST I Like It. 4 | Report Abuse Reply
Bid/Issue Opening Date
Wednesday,
August 09, 2017
Bid/Issue Closing Date
Friday,
August 11, 2017
Finalization of Basis of Allotment with the Designated Stock Exchange
Friday,
August 18, 2017
Initiation of Refunds
Monday,
August 21, 2017
Credit of Equity Shares to Demat Accounts of Allottees
Tuesday,
August 22, 2017
Commencement of trading of the Equity Shares on the Stock Exchange
Wednesday,
August 23, 2017


Please read page no 81 of 414 of RHP.
avatar
127. RAJ IPO  Aug 21, 2017 2:54:36 PM IST I Like It. | Report Abuse Reply
any one credit share of lexus

I have not credit in my DP
avatar
127.1. USS  Aug 21, 2017 3:21:04 PM IST I Like It. 1 | Report Abuse
Same Here
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126. bhavik panchal  Aug 19, 2017 10:41:59 AM IST I Like It. 1 | Report Abuse Reply
I Got 1/1 Application allotment. Feeling Lucky. Friends kindly guide me how to deal with it at the time of listing? sell... hold....?
avatar
126.1. RAJ IPO  Aug 21, 2017 2:55:54 PM IST I Like It. | Report Abuse
Share credit you account

when credit it ?
avatar
125. Ralph  Aug 21, 2017 10:06:31 AM IST I Like It. | Report Abuse Reply
What is the logic basis which all are bullish on Lexus?
avatar
124. Ranjth  Aug 19, 2017 10:40:15 AM IST I Like It. | Report Abuse Reply
Dear Friends, i m a new person in share market could you please anyone tell me that why i m not getting allocation for Ipos.
I have tried salasar, cochin shipyard,hudco AND lexus.I tried through Federal bank ASBA.
avatar
124.1. nicks Jain  Aug 19, 2017 11:00:22 AM IST I Like It. | Report Abuse
How Many Applications u have applied ???
As All IPO subscription were more than 5 times in Retail Category.
Means Every 5 applications, 1 got allotment.
avatar
124.2. Ranjth  Aug 21, 2017 12:13:52 AM IST I Like It. | Report Abuse
Thank you nicks. I had applied 6000 ,two lots Lexus.The rest all one lakhs plus.I feel that something is wrong applying.
It was showing that application uploaded into exchange and final days all the blocked money got credited again...
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123. MOHIT JAIN  Aug 20, 2017 6:22:42 PM IST I Like It. | Report Abuse Reply
No refund yet ...how much time it take to refund...
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123.1. papon  Aug 20, 2017 8:43:45 PM IST I Like It. 1 | Report Abuse
Money got debited on Saturday and unlien also done for non allotted applications, union bank. Listing on 23 Wednesday as per RHP
avatar
122. Ficpl  Aug 20, 2017 7:54:59 PM IST I Like It. 2 | Report Abuse Reply
On Monday . It is written in prospectus. Listing will be @ 23
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121. vikasdds  Aug 19, 2017 7:37:07 PM IST I Like It. 3 | Report Abuse Reply
LISTING DATE 22/08/2017 TARGAT 75RS WITH IN 4 DAYS
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121.1. Umang ahd  Aug 20, 2017 3:22:12 PM IST I Like It. 2 | Report Abuse
Tumhare muh me ghee-sakkar..
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120. Apex  Aug 20, 2017 3:06:09 PM IST I Like It. 2 | Report Abuse Reply
Lexus listing will b bumper with 1 st day UC..those who have got allotment..can wait for..2nd..UC..
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119. SURYABHAI  Aug 19, 2017 5:58:14 PM IST I Like It. | Report Abuse Reply
Muje allotment nahi hua hai!!!!! Market me se kharidlo open hota hi
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118. parshwa vadera  Aug 19, 2017 4:56:24 PM IST I Like It. | Report Abuse Reply
Lexus live primume price ?
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117. SURYABHAI  Aug 19, 2017 1:02:18 PM IST I Like It. 1 | Report Abuse Reply
7 rupees down me khulega due to china war
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117.1. sunhun  Aug 19, 2017 2:34:22 PM IST I Like It. 2 | Report Abuse
I will buy @ 2 RS premium
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116. Ficpl  Aug 19, 2017 11:34:57 AM IST I Like It. 6 | Report Abuse Reply
I have seen the interview of one of the director @ CNBC he said that for FY 2018 they are confident for achieving top line @ 250 core and bottom line @ around 10 to 12 core . So FY 18 P/E of the stock will be around 9 times only against the industry P/E of 30 to 40 range . So my one year target will be around 90 rs for the stock. I think this stock will be hot favourite for the Institutional investor and HNI''s going forward.

Congratulations to all the allottees.
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115. parshwa vadera  Aug 18, 2017 9:43:36 PM IST I Like It. 1 | Report Abuse Reply
Lexus ka kya primume he?
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114. mittaldatt  Aug 18, 2017 4:13:36 PM IST I Like It. | Report Abuse Reply
This message has been removed by a moderator.
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114.2. Sayani  Aug 18, 2017 5:58:25 PM IST I Like It. | Report Abuse
Allotment already declared on Bigshareonline
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114.3. Sayani  Aug 18, 2017 9:07:05 PM IST I Like It. | Report Abuse
Declared on bigshare
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112. RAHULRICKY  Aug 18, 2017 6:06:46 PM IST I Like It. | Report Abuse Reply
allotment out now check....
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112.1. MSB  Aug 18, 2017 7:58:06 PM IST I Like It. | Report Abuse
Can you provide the link..?
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111. vishal chokshi  Aug 18, 2017 7:49:00 PM IST I Like It. | Report Abuse Reply
0/7 NILL ALLOTMENT
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110. Siddharth N Mehta  Aug 18, 2017 4:14:11 PM IST I Like It. | Report Abuse Reply
whts d GMP of Lexus Granito...???
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