Loyal Equipments Ltd IPO (Loyal Equipments IPO) Detail

Jul 3, 2015 - Jul 7, 2015

Incorporated in 2007, Loyal Equipments Ltd (LEL) is an ISO 9001:2008 certified company engaged in manufacturing and supplying of Coded Pressure Vessels & Heat Exchangers (Ferrous & Non Ferrous), Air Cooled Heat Exchangers, Skids for Dynamic and Static Machineries, Base-Plates, Sterilizers, Chimneys and Columns, Tanks & Receivers, Site Fabrication & Erection Activities.

These products are widely used in the industries like Petro-chemicals, Compressor Industries, Power Plants, Fertilizers, Refinery, Pharmaceuticals and Dairy Industry. All these products are manufactured on tailor made basis to suit customers needs. LML's client list includes RIL, Larsen & Turbo, Ingersoll Rand, Engineers India, Kirloskar, Bharat Pumps etc.

Company Promoters:

The promoters of the company are:

1. Mr. Rameshchandra Nathalal Patel
2. Mr. Alkesh Rameshchandra Patel
3. Mrs. Jyotsanaben Rameshchandra Patel

Objects of the Issue:

The object of the issue are to:

1. To meet Working Capital Requirement;
2. To Meet the Issue Expenses.

Loyal Equipments IPO Details

IPO Opening Date Jul 3, 2015
IPO Closing Date Jul 7, 2015
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹18 per equity share
Market Lot 8000 Shares
Min Order Quantity 8000 Shares
Listing At BSE SME
Issue Size1,800,000 Eq Shares of ₹10
(aggregating up to ₹3.24 Cr)

Loyal Equipments IPO Lot Size

The Loyal Equipments IPO market lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹144,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 8000 ₹144,000
Maximum 1 8000 ₹144,000

Loyal Equipments IPO Prospectus

Loyal Equipments IPO Rating

Rating:Rated 3.5 stars
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Loyal Equipments IPO Listing Date

Listing Date Thursday, July 16, 2015
BSE Script Code 539227
NSE Symbol
Listing In MT Group of Securities
ISIN INE876S01017
IPO Price ₹18 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Loyal Equipments Ltd
Block No. 35/1-2-3-4,
Village Zak,
Dahegam, Gujarat-382330
Phone: +91-2718-247236

Loyal Equipments IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606

Loyal Equipments IPO Reviews / Ratings

Loyal Equipments IPO Lead Manager(s)

Loyal Equipments IPO FAQs

Loyal Equipments IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹3.24 Crores. The issue is priced at ₹18 per equity share. The minimum order quantity is 8000 Shares.

The IPO opens on Jul 3, 2015, and closes on Jul 7, 2015.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Loyal Equipments IPO opens on Jul 3, 2015 and closes on Jul 7, 2015.

Loyal Equipments IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.

You can apply in Loyal Equipments 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 Loyal Equipments IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Loyal Equipments IPO allotment status.

The Loyal Equipments IPO listing date is on Thursday, July 16, 2015.

Loyal Equipments IPO Message Board

Ranked Members  Ranked Members

2. deepa S |Jul 7, 2015 11:37
please let me know when SMC GLOBAL ipo will come
1. vijay sahajwani |Jul 6, 2015 22:29
Should I invest for listing gain?