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Open
23 May 2018
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Close
28 May 2018
3
Allotment
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Listing
Tue, Jun 5, 2018
Price Band
₹66 per share
Issue Size
12,22,000 shares (agg. up to ₹8 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jun 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.30x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 27.82 | 26.12 | 20.14 | 14.66 |
| Total Income | 22.89 | 35.77 | 26.05 | 21.53 |
| Profit After Tax | 0.43 | 0.56 | 0.31 | 0.14 |
| EBITDA | 1.85 | 2.43 | 1.58 | 1.20 |
| NET Worth | 3.59 | 3.05 | 2.50 | 1.34 |
| Reserves and Surplus | 2.00 | 1.51 | 0.95 | 0.34 |
| Total Borrowing | 10.92 | 8.89 | 7.79 | 6.60 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 7.47 |
| 2 | General corporate purposes | 0.10 |
About Latteys Industries IPO
Incorporated in 2013, Gujarat based Latteys Industries Limited is a company engaged in the business of manufacturing of pumping solutions for homes, agriculture & industrial sectors. Pumps include Submersible, Self-Priming, Centrifugal, Shallow and Horizontal Pumps. The Company manufactures more than 700 models of pumps as its portfolio. These pumps are widely used by Domestic and Industrial sectors.Latteys Industries started manufacturing in the year 2004 in Chatraal, Gujarat and moved to a strategic location of GIDC Naroda, Gujarat with an area of 5,718 sq. meters in the year 2011. The Company currently has an installed production capacity of 1,59,500 pumps p.a. It has 76 employees at its manufacturing facility and registered office.+ Read More
Contact Details
Latteys Industries Ltd. AddressPlot No.16Phase-1/2, GIDC EstateNarodaNaroda, Gujarat, 382330079-22823354info@latteysindustries.comVisit Website