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Open
27 Nov 2006
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Close
30 Nov 2006
3
Allotment
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Listing
Mon, Dec 18, 2006
Price Band
₹50 to ₹56
Issue Size
70,36,543 shares (agg. up to ₹39 Cr)
Lot Size
125 Shares
Listing Date
Mon, Dec 18, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.88x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 242.64 | 254.92 | 250.83 | 223.63 |
| Total Income | 78.25 | 400.83 | 360.72 | 362.13 |
| Profit After Tax | 2.66 | 11.13 | 4.97 | 5.41 |
| NET Worth | 57.10 | 54.92 | 46.34 | 42.65 |
| Reserves and Surplus | 48.58 | 53.15 | 43.56 | 38.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gulshan Sugars & Chemicals Ltd. | Mainboard | ₹26.40 Cr | ₹40 | null | ₹37.00 | -7.50% | ₹176.73 (-2.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion, Automation and Modernization at Sonepat, Haryana; | |
| 2 | New Parboiled rice (sella) processing and milling capacity | 7.02 |
| 3 | New Milling line for producing value added rice | 4.10 |
| 4 | Balancing equipments and Automation of existing facility | 3.13 |
| 5 | Increasing our Storage capacity for Silos grain storage | 9.84 |
| 6 | New white rice storage (Flat Storage Project) | 2.11 |
| 7 | Open Bardana ( Jute bags) Shed at existing facility at Sonepat, Haryana | 0.47 |
| 8 | Generating power for captive consumption | 5.05 |
| 9 | General Corporate Purpose | 17.70 |
| 10 | Public Issue Expenses | 3.52 |
About LT Overseas IPO
Incorporated in 1965, LT Overseas is in the business of milling, processing and marketing of branded & non-branded rice and manufacturing of rice food products in the domestic and overseas market. Their operations involve contract farming, procurement, storage, processing, packaging and distribution. LT Overseas also engaged in research & development to add value to rice and rice food products. Their product portfolio comprises brown rice, white rice, steamed rice, parboiled rice, organic rice, quick cooking rice, value added rice and flavored rice in the ready to cook segment.LT Overseas has presence in more than 35 countries including USA, Canada, UK and the European Union. LT Overseas has ISO 9000:2001, HACCP and the SQF certification in quality.LT Overseas owns 19 brands. Daawat Basmati Rice is one of the very popular brand among Basmati Rice all over the world.+ Read More
Contact Details
LT Overseas Ltd. AddressL.T.Overseas LimitedA 21, Green ParkMain Aurobindo MargDelhi, New Delhi, 110016+91-11-26859244ipo@ltoverseas.comVisit Website