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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.

Lexus Granito IPO Details

Issue OpenAug 9, 2017 - Aug 11, 2017
Issue TypeBook Built Issue IPO
Issue Size5,760,000 Eq Shares of ₹10
(aggregating up to ₹25.92 Cr)
Face Value₹10 Per Equity Share
Issue Price₹41 - ₹45 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME

Lexus Granito IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹135,000
Maximum13000₹135,000

Lexus Granito IPO Subscription Status (Bidding Detail)

Lexus Granito IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

1,638,000

1,911,000

1,911,000

5,460,000

Aug 11, 2017 17:00

3.22x

65.12x

39.01x

37.41x

Lexus Granito IPO Prospectus

Lexus Granito IPO Rating

245
4.0
Rating:Rated 4.0 stars

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Lexus Granito IPO Listing Date

Listing DateWednesday, August 23, 2017
BSE Script Code
NSE SymbolLEXUS
Listing In
ISININE500X01013
Issue Price₹45 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
NSE SME
Issue Price:₹45.00
Open:₹53.00
Low:₹53.00
High:₹54.00
Last Trade:₹54.00
Volume:696,000

Lexus Granito IPO Reviews / Ratings

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
Email: info@lexustile.com
Website: http://www.lexustile.com

Lexus Granito IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Lexus Granito IPO FAQs

  1. 1. What is Lexus Granito IPO?

    Lexus Granito IPO is an SME initial public offering of 5,760,000 equity shares of the face value of ₹10 aggregating up to ₹25.92 Crores.

    The issue price of the IPO is ₹41 - ₹45 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Aug 9, 2017 and closes on Aug 11, 2017.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Lexus Granito IPO will open?

    The Lexus Granito IPO opens on Aug 9, 2017 and closes on Aug 11, 2017.

  3. 3. How to apply for Lexus Granito IPO?

    Lexus Granito IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Lexus Granito IPO allotment?

    The finalization of Basis of Allotment for Lexus Granito IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lexus Granito IPO allotment status.

  5. 5. When is Lexus Granito IPO listing date?

    The Lexus Granito IPO listing date is on Wednesday, August 23, 2017, at NSE SME.

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Lexus Granito IPO Review / Comments

Ravi Shah
140. Ravi Shah  Oct 19, 2017 13:38 I Like It. | Report Abuse
Allotment will be on monday
Ravi Shah
139. Ravi Shah  Oct 14, 2017 13:06 I Like It. | Report Abuse
listing 800+
Ralph
138. Ralph  Sep 1, 2017 15:41 I Like It. | Report Abuse
Can anyone throw light on the valuation of lexus?
Kbgohil
137. Kbgohil  Aug 30, 2017 18:44 I Like It. | Report Abuse
LEXUS KA AGALA TARGET KYA HOGA? RS. 90 K BAD RS. 180?
Ralph
136. Ralph  Aug 28, 2017 10:39 I Like It. | Report Abuse
Again touched upper circuit at 77.80 on third trading day!!! What is in this stock soaring so high???? Can anyone share?
Umang ahd
135. Umang ahd  Aug 24, 2017 17:29 I Like It. | Report Abuse
As expected the stock closes on upper circuit on very sttong volumes..it will continue higher & higher & will reach to 90 next week. So all sit tight & enjoy flight..
Nasirul Choudhary
134. Nasirul Choudhary  Aug 23, 2017 22:35 I Like It. 1 | Report Abuse
One can Buy this tomorrow and Hold for atleast one year. It will double your capital. Solid Company Good Profit Experience and Clean Promoter. A Vaible candidate for Main Board Transfer.
Buy And Sit back
Ficpl
133. Ficpl  Aug 23, 2017 10:08 I Like It. 5 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Out of 750 retail investor around 215 sold their holdings to HNIs and institutional investor. I think another 250 investor will sell their stake and than it can move further.
Ficpl
133.3. Ficpl  Aug 23, 2017 18:11 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
23-Aug-2017      LEXUS      Lexus Granito (India) Ltd      ANCHOR GLOBAL OPPORTUNITIES FUND      SELL      1,02,000      54.00      -
23-Aug-2017      LEXUS      Lexus Granito (India) Ltd      SAINATHKRIPA COMMERCIAL LLP      BUY      5,55,000      54.00

Today''s bulk deals.
RAJ IPO
133.4. RAJ IPO  Aug 23, 2017 19:51 I Like It. | Report Abuse
Dear Ficpl

What to do Lexus
Buy current rate
bhavik panchal
132. bhavik panchal  Aug 19, 2017 10:41 I Like It. 1 | Report Abuse
I Got 1/1 Application allotment. Feeling Lucky. Friends kindly guide me how to deal with it at the time of listing? sell... hold....?
Ralph
132.2. Ralph  Aug 23, 2017 10:34 I Like It. 2 | Report Abuse
Bhavik pls hold and sell until the stock touches 90.
Baskaran
132.3. Baskaran  Aug 23, 2017 14:36 I Like It. | Report Abuse
hold
shasank
131. shasank  Aug 23, 2017 12:05 I Like It. | Report Abuse
I have demat account through axis bank. I have been allotted Lexus shares. I am not able to sell them through axis direct. please guide me

I would like to know how to sell the shares.
Ralph
131.1. Ralph  Sep 2, 2017 12:08 I Like It. | Report Abuse
It is listed on NSE.You have to open your trading account on NSE to sell.Meanwhile,i suggest you to hold as it is closing on upper circuit everyday!!!
rikesh
130. rikesh  Aug 22, 2017 21:45 I Like It. 1 | Report Abuse
Lexus GMP is down from 18000 to 2000.
ankur garg
130.1. ankur garg  Aug 23, 2017 11:39 I Like It. 1 | Report Abuse
if u have no knowledge please dont share your view
vikasdds
129. vikasdds  Aug 23, 2017 10:39 I Like It. | Report Abuse
ye kon bol rahi tha ke primium down 20000 to 2000
Ficpl
128. Ficpl  Aug 21, 2017 17:01 I Like It. 4 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
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.
RAJ IPO
127. RAJ IPO  Aug 21, 2017 14:54 I Like It. | Report Abuse
any one credit share of lexus

I have not credit in my DP
USS
127.1. USS  Aug 21, 2017 15:21 I Like It. 1 | Report Abuse
Same Here
Ralph
126. Ralph  Aug 21, 2017 10:06 I Like It. | Report Abuse
What is the logic basis which all are bullish on Lexus?
Ranjth
125. Ranjth  Aug 19, 2017 10:40 I Like It. | Report Abuse
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.
nicks Jain
125.1. nicks Jain  Aug 19, 2017 11:00 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
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.
Ranjth
125.2. Ranjth  Aug 21, 2017 00:13 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...
MOHIT JAIN
124. MOHIT JAIN  Aug 20, 2017 18:22 I Like It. | Report Abuse
No refund yet ...how much time it take to refund...
papon
124.1. papon  Aug 20, 2017 20:43 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
Ficpl
123. Ficpl  Aug 20, 2017 19:54 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
On Monday . It is written in prospectus. Listing will be @ 23
vikasdds
122. vikasdds  Aug 19, 2017 19:37 I Like It. 3 | Report Abuse
LISTING DATE 22/08/2017 TARGAT 75RS WITH IN 4 DAYS
Umang ahd
122.1. Umang ahd  Aug 20, 2017 15:22 I Like It. 2 | Report Abuse
Tumhare muh me ghee-sakkar..
Apex
121. Apex  Aug 20, 2017 15:06 I Like It. 2 | Report Abuse
Lexus listing will b bumper with 1 st day UC..those who have got allotment..can wait for..2nd..UC..



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