Lagnam Spintex IPO Details

IPO Open Sep 4, 2018
IPO Close Sep 7, 2018
IPO Price ₹41
Face Value ₹10
IPO Size ₹24.60 Cr
Listing At NSE SME
Lot Size 3000
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Lagnam Spintex IPO Date & Price

The Lagnam Spintex IPO opens on Sep 4, 2018 and closes on Sep 7, 2018.

Sorry the Lagnam Spintex IPO timelines are not available at this time.

Lagnam Spintex IPO price is set at ₹41 per equity share.

Lagnam Spintex IPO will close for subscription at 5 PM on Sep 7, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Lagnam Spintex IPO starts on Sep 4, 2018. The issue ends on Sep 7, 2018.

Lagnam Spintex IPO Issue Size and Subscription Status

The Lagnam Spintex IPO size is 6000000 Equity Shares of ₹10 aggregating up to ₹24.60 Cr.

Lagnam Spintex Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Lagnam Spintex IPO shares through the banks (using ASBA) or through the broker (using UPI).

Lagnam Spintex IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)2,850,000 Shares
Retail Individual Investor (RII)2,850,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size5,700,000 Shares

Lagnam Spintex IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)3.86 times times
Retail Individual Investor (RII)5.65 times times
Employee Reservations times
Other Reservations times
Total Issue Size4.97 times times

Click here to check the Lagnam Spintex IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Lagnam Spintex IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Lagnam Spintex IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Lagnam Spintex IPO Allotment and Listing

The tentative date for Lagnam Spintex IPO allotment status is not available at this time. You can check the Lagnam Spintex IPO Allotment Status as soon as it is available.

Click here to check Lagnam Spintex IPO Allotment Status.

Lagnam Spintex IPO listing Date is Sep 18, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Lagnam Spintex IPO listing date and time is published by the exchange in a circular.

Click here to view the Lagnam Spintex IPO Basis of Allotment.

It is hard to say at what price Lagnam Spintex IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Lagnam Spintex IPO shares will list on Sep 18, 2018 at NSE SME.

Lagnam Spintex IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Lagnam Spintex IPO which could help you with questions like Lagnam Spintex IPO buy or not? You should also read Lagnam Spintex IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Lagnam Spintex IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Lagnam Spintex IPO performance. The performance reports are available 1 day after listing.