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Lawreshwar Polymers Ltd IPO (Lawreshwar IPO) Detail

February 5, 2007 - February 8, 2007

Lawreshwar IPO is a fixed price issue of Rs 13.94 crores.

Lawreshwar IPO bidding started from February 5, 2007 and ended on February 8, 2007. The shares got listed on BSE on March 19, 2007.

Lawreshwar IPO price is ₹16 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹6,400.

Ashika Capital Ltd is the book running lead manager of the Lawreshwar IPO, while Maheshwari Datamatics Pvt. Ltd is the registrar for the issue.

Refer to Lawreshwar IPO RHP for detailed information.

Lawreshwar IPO Details

IPO Date February 5, 2007 to February 8, 2007
Listing Date March 19, 2007
Face Value ₹10 per share
Price ₹16 per share
Lot Size 400 Shares
Total Issue Size8,712,500 shares
(aggregating up to ₹13.94 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE

Lawreshwar IPO Lot Size

Investors can bid for a minimum of 400 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 400 ₹6,400
Retail (Max) 31 12400 ₹198,400
Lot Size Calculator

Lawreshwar IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue 54.31%

About Lawreshwar Polymers Ltd

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.

Key Performance Indicator

Objects of the Issue (Lawreshwar IPO Objectives)

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.

Lawreshwar IPO Prospectus

Lawreshwar IPO Rating

26
3.1
Rating:Rated 3.1 stars
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Lawreshwar IPO Listing Details

Listing Date March 19, 2007
BSE Script Code 532829
NSE Symbol
ISIN INE976H01018
Final Issue Price ₹16 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹16.00
₹15.90
₹13.55
₹17.75
₹14.00

Check IPO Performance…

Lawreshwar Polymers Ltd Contact Details

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/

Lawreshwar IPO Registrar

Maheshwari Datamatics Pvt. Ltd

Phone: 033 22435029 / 22482248
Email: mdpl@cal.vsnl.net.in
Website: http://www.mdpl.in

Lawreshwar IPO - Buy or Not

Lawreshwar IPO Recommendation Summary

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Members 0 0 0

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Lawreshwar IPO FAQs

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 share. The minimum order quantity is 400 Shares.

The IPO opens on February 5, 2007, and closes on February 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 February 5, 2007 and closes on February 8, 2007.

Lawreshwar IPO lot size is 400 Shares, and the minimum amount required is ₹6,400.

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, Nuvama, 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.

The Lawreshwar IPO listing date is on March 19, 2007.
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Lawreshwar IPO Message Board

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47 Comments

47. TIMTIM |   Link |  Bookmark |May 9, 2007 5:12:15 PM
WHERE R THE PROMOTORS? WHY THEY BRING IPO ?
46. AMITKUMARARORA |   Link |  Bookmark |March 28, 2007 11:31:22 PM
See the lehar---- quoating at 10 today will fall to 7-8 levels in this volatile market.

There are no fii buyers for these small stocks.
45. neews |   Link |  Bookmark |March 23, 2007 1:03:22 AM
it will touch 20 in 1 month.
hold & accumulate more.
good company.
44. timtim |   Link |  Bookmark |March 19, 2007 6:50:06 PM
Bhavik, Hold Lehar
43. amish |   Link |  Bookmark |March 19, 2007 11:45:27 AM
i agree with all lpl going up rs. 23
42. sneha |   Link |  Bookmark |March 19, 2007 11:31:16 AM
i agree with all,it will touch 20 soon,200000 buyer at 16 rs.cheap stock.
41. rishi |   Link |  Bookmark |March 19, 2007 11:11:50 AM
go long it will good for long term,footware monopoly busi,canvas popular brand name
40. kushi |   Link |  Bookmark |March 19, 2007 11:10:04 AM
it will touch 20 soon.cheap stock ,high sentimate it will zoom up today .closing at premium
39. manish |   Link |  Bookmark |March 19, 2007 10:03:49 AM
buy lehar it will touch 23 today
38. IPOMAN |   Link |  Bookmark |March 15, 2007 5:33:42 PM
It will list at 20 and will trade at 12-15 range on the opening day. Good ipo's are not able to trade at IPO price what to say about this Co. so immediately book profit if any rather than to repent later.
37. RAJESHBHAI |   Link |  Bookmark |March 15, 2007 2:16:11 PM
lehar list prise Rs 22 to Rs 25
36. Manish Jain |   Link |  Bookmark |March 13, 2007 5:37:52 PM
It may list on 14.
35. ganesh |   Link |  Bookmark |March 12, 2007 9:47:11 PM
waitning for right time for listing????.i inquired at about ipo listing at registar .They told me to call bigshare for the same.any idea of allotment status.good company.it definately surprise everyone by listing at 70% premium.
34. jash |   Link |  Bookmark |March 12, 2007 8:36:42 PM
it will listed at 26....29&can go up tohigher
33. Raju |   Link |  Bookmark |March 12, 2007 5:23:59 PM
Hi,
Can you please tell me where to check the allocation details. And when this stock will listing...????

Thanks,
Raju
32. soniya |   Link |  Bookmark |March 11, 2007 9:14:13 AM
more than 6.5 times oversubscribe .good stock.footware monopoly type business.rumors about tie up with giant bat...list at 24 kind of range.
31. technical |   Link |  Bookmark |March 11, 2007 9:08:56 AM
it will list at 21-27range .go short if cross 30.all the best to all
30. rishi |   Link |  Bookmark |March 11, 2007 8:24:19 AM
hai rinku
my dp marwadi message me that you have allote share
marwadi is quickly
monday in other dp and stockholding in tuesday
29. kirti dodiya |   Link |  Bookmark |March 11, 2007 12:33:44 AM
what is the condition about lawreshwar allotment
28. rinku |   Link |  Bookmark |March 10, 2007 10:24:42 PM
hi rishi where u got allotment details?