Avoid SMEs IPOs untill the market condition improves. Lot of good opportunities are available in the mainline companies.
Laxmi Goldorna House Ltd IPO
(i) This Company is an ISO 9001:2015 certified Company and has started its journey in the year 2010 with business of gold jewellery and ornaments which includes wholesale and retail trading of all types of jewellery items. Also This Company process some of its jewellery through jobwork. With continuous growth in jewellery and ornaments business the Company has diversified its business activity in real estate in the year 2017 which includes construction of commercial and residential Projects.
(ii) The company is promoted by Mr. Jayesh Chinubhai Shah and Mrs. Rupalben Jayeshkumar Shah in the name of Laxmi Goldorna House Private Limited under the provisions of the Companies Act, 1956. The promoters of the Company are Mr. Jayesh Chinubhai Shah and Mrs. Rupalben Jayeshkumar Shah who have experience of about 20 years and 10 years respectively in the field of business activities of the company. The vast experience of the Promoters has been instrumental in determining the vision and growth strategies for their Company. They further believe that their market position has been achieved by adherence to the vision of their Promoters and senior management team and their experience of over a decade in the industry in which the Company operates.
(iii) They operate from their registered office at Laxmi House, Opp. Bandharano Khacho, M.G. Haveli Road, Manek Chowk, Ahmedabad – 380001, Gujarat, India.
Objects of the Laxmi Goldorna House Ltd IPO:
Laxmi Goldorna House Ltd IPO Details:
|Open Date:||Mar 20 2020|
|Close Date:||Mar 26 2020|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Issue|
|Issue Size:||8.28 Cr.|
|Lot Size:||8000 Shares|
|Issue Price:||₹ 15 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Apr 03 2020|
Promoters And Management:
Financials of Laxmi Goldorna House Ltd IPO:
|Year||Long-Term Debt||Short-Term Debt||Total Debt||NW||Debt/NW||RoNW|
|Year||CA||CL||Current Ratio||Receivable Days||FCO||Capital Exp.||FCF|