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.
The Promoters of the Company are:
1. Nilesh Detroja;
2. Hitesh Detroja;
3. Anilkumar Detroja and
4. Pavan Blackrock Pvt Ltd
|Particulars||For the year/period ended (Rs. in Lacs)|
|Profit After Tax||508.82||320.20||203.04||31.99||156.17|
The object of the issue are to:
1. Working Capital requirements;
2. General Corporate Purposes.
»» 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 Subscription Status tells if Lexus Granito IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Lexus Granito IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||1,728,000||2,016,000||2,016,000||5,760,000|
|Day 1 - Aug 9, 2017 17:00 IST||921,000||1,470,000||4,086,000||6,477,000|
|Day 2 - Aug 10, 2017 17:00 IST||1,698,000||4,275,000||19,662,000||25,635,000|
|Day 3 - Aug 11, 2017 17:00 IST||5,274,000||124,443,000||74,541,000||204,258,000|
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