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Incorporated in 1994, Lawreshwar Polymers Ltd (LPL) is leading manufacturer of canvas shoes, lightweight hawai chappals & EVA Injection footwear.
The Company has successfully established its brand name "LEHAR" in the footwear market.
Lawreshwar has an annual installed capacity of 75 Lac pairs of Hawai Chappals, 12 Lac pairs of Canvas shoes and 9.87 Lac pairs of EVA Injected footwear. Company manufactures a variety of footwear like light weight fancy slippers, PVC and TPR footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for
1. Expansion of existing manufacturing capacity for manufacturing EVA injected Moduled Footwears by installing 4 new imported fully automatic computerized EVA injection Moulding Machines;
2. Installation of a PU pouring Machine for manufacturing PU Sole Footwear with annual capacity of 6.00 Lac pairs per annum;
3. To open 5 new showrooms in various locations of the country along with a new corporate office.
| IPO Opening Date | Feb 5, 2007 |
| IPO Closing Date | Feb 8, 2007 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹16 per equity share |
| Market Lot | 400 Shares |
| Min Order Quantity | 400 Shares |
| Listing At | BSE |
| Issue Size | 8,712,500 Eq Shares of ₹10 (aggregating up to ₹13.94 Cr) |
The Lawreshwar IPO market lot size is 400 shares. A retail-individual investor can apply for up to 31 lots (12400 shares or ₹198,400).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 400 | ₹6,400 |
| Maximum | 31 | 12400 | ₹198,400 |
| Listing Date | Monday, March 19, 2007 |
| BSE Script Code | 532829 |
| NSE Symbol | |
| Listing In | B1 Group of Securities |
| ISIN | INE976H01018 |
| IPO Price | ₹16 per equity share |
| Face Value | ₹10 per equity share |
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Lawreshwar Polymers Ltd
Lawreshwar Polymers Limited,
A-243 (A), Road No. 6 V K I Area,
Jaipur – 302013 Rajasthan, India.
Phone: +91-141- 5104901
Email: info@leharfootwear.com
Website: http://www.leharfootwear.com/
Maheshwari Datamatics Pvt. Ltd
Phone: 033 22435029 / 22482248
Email: mdpl@cal.vsnl.net.in
Website: http://www.mdpl.in
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Lead Manager Reports
Lawreshwar IPO is a main-board IPO of 8,712,500 equity shares of the face value of ₹10 aggregating up to ₹13.94 Crores. The issue is priced at ₹16 per equity share. The minimum order quantity is 400 Shares.
The IPO opens on Feb 5, 2007, and closes on Feb 8, 2007.
Maheshwari Datamatics Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Lawreshwar IPO opens on Feb 5, 2007 and closes on Feb 8, 2007.
Lawreshwar IPO lot size is 400 Shares and the minimum order quantity is 400 Shares.
You can apply in Lawreshwar IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Lawreshwar IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lawreshwar IPO allotment status.
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