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

IPO Opening Date	Aug 9, 2017
IPO Closing Date	Aug 11, 2017
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹41 to ₹45 per equity share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	NSE SME
Issue Size	5,760,000 Eq Shares of ₹10 (aggregating up to ₹25.92 Cr)

Lexus Granito IPO Lot Size

The Lexus Granito IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	3000	₹135,000
Maximum	1	3000	₹135,000

Lexus Granito IPO Subscription Status (Bidding Detail)

The Lexus Granito IPO is subscribed 37.41x times on Aug 11, 2017 17:00. The public issue subscribed 39.01x in the retail category, 3.22x in the QIB category, and 65.12x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	3.22x
NII	65.12x
RII	39.01x
Total	37.41x

Lexus Granito IPO Prospectus

› Lexus Granito IPO RHP

Lexus Granito IPO Rating

245

4.0

Rating:

Vote Here ...

Lexus Granito IPO Listing Date

Listing Date	Wednesday, August 23, 2017
BSE Script Code
NSE Symbol	LEXUS
Listing In
ISIN	INE500X01013
IPO Price	₹45 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

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

Lexus Granito IPO Reviews / Ratings

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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 Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

Lexus Granito IPO FAQs

What is Lexus Granito IPO?

Lexus Granito IPO is a SME IPO of 5,760,000 equity shares of the face value of ₹10 aggregating up to ₹25.92 Crores. The issue is priced at ₹41 to ₹45 per equity share. The minimum order quantity is 3000 Shares.

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.
When Lexus Granito IPO will open?

The Lexus Granito IPO opens on Aug 9, 2017 and closes on Aug 11, 2017.
What is the lot size of Lexus Granito IPO?

Lexus Granito IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
How to apply for Lexus Granito IPO?

You can apply in Lexus Granito 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.
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.
When is Lexus Granito IPO listing date?

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

Lexus Granito IPO Message Board

Ranked Members

140. Ravi Shah |Oct 19, 2017 14:38

Allotment will be on monday

139. Ravi Shah |Oct 14, 2017 14:06

listing 800+

138. Ralph |Sep 1, 2017 16:41

Can anyone throw light on the valuation of lexus?

137. Kbgohil |Aug 30, 2017 19:44

LEXUS KA AGALA TARGET KYA HOGA? RS. 90 K BAD RS. 180?

136. Ralph |Aug 28, 2017 11:39

Again touched upper circuit at 77.80 on third trading day!!! What is in this stock soaring so high???? Can anyone share?

135. Umang ahd |Aug 24, 2017 18:29

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..

134. Nasirul Choudhary |Aug 23, 2017 23:35

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

133. Ficpl |Aug 23, 2017 11:08

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.

Load more comments (2 replies)

133.3. Ficpl |Aug 23, 2017 19:11

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.

133.4. RAJ IPO |Aug 23, 2017 20:51

Dear Ficpl

What to do Lexus
Buy current rate

132. bhavik panchal |Aug 19, 2017 11:41

I Got 1/1 Application allotment. Feeling Lucky. Friends kindly guide me how to deal with it at the time of listing? sell... hold....?

Load more comments (1 replies)

132.2. Ralph |Aug 23, 2017 11:34

Bhavik pls hold and sell until the stock touches 90.

132.3. Baskaran |Aug 23, 2017 15:36

hold

131. shasank |Aug 23, 2017 13:05

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.

131.1. Ralph |Sep 2, 2017 13:08

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!!!

130. rikesh |Aug 22, 2017 22:45

Lexus GMP is down from 18000 to 2000.

130.1. ankur garg |Aug 23, 2017 12:39

if u have no knowledge please dont share your view

129. vikasdds |Aug 23, 2017 11:39

ye kon bol rahi tha ke primium down 20000 to 2000

128. Ficpl |Aug 21, 2017 18:01

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.

127. RAJ IPO |Aug 21, 2017 15:54

any one credit share of lexus

I have not credit in my DP

127.1. USS |Aug 21, 2017 16:21

Same Here

126. Ralph |Aug 21, 2017 11:06

What is the logic basis which all are bullish on Lexus?

125. Ranjth |Aug 19, 2017 11:40

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.

125.1. nicks Jain |Aug 19, 2017 12:00

Top Contributor (400+ Posts, 600+ 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.

125.2. Ranjth |Aug 21, 2017 01:13

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...

124. MOHIT JAIN |Aug 20, 2017 19:22

No refund yet ...how much time it take to refund...

124.1. papon |Aug 20, 2017 21:43

Top Contributor (300+ Posts, 300+ Likes)

Money got debited on Saturday and unlien also done for non allotted applications, union bank. Listing on 23 Wednesday as per RHP

123. Ficpl |Aug 20, 2017 20:54

Top Contributor (200+ Posts, 500+ Likes)

On Monday . It is written in prospectus. Listing will be @ 23

122. vikasdds |Aug 19, 2017 20:37

LISTING DATE 22/08/2017 TARGAT 75RS WITH IN 4 DAYS

122.1. Umang ahd |Aug 20, 2017 16:22

Tumhare muh me ghee-sakkar..

121. Apex |Aug 20, 2017 16:06

Lexus listing will b bumper with 1 st day UC..those who have got allotment..can wait for..2nd..UC..

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