Lexus Granito (India) Limited IPO

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Lexus Granito (India) Limited is mainly engaged in manufacturing, trading and marketing vitrified ceramic tiles and wall tiles in India and internationally. They market and sell their product under the brand name “Lexus”. They offer wall, floor, and decorative elevation tiles to homeowners and commercial facilities.
They were outsourcing manufacturing of wall tiles to third-party manufacturers but recently they have set up their own wall tiles manufacturing unit at their existing facility which is situated at Morbi, Gujarat. They also export its products to Saudi Arabia, Mexico, Kuwait, Oman, etc.

Lexus Granito (India) Limited IPO Stock Quote & Charts



  • Open: 9.60
  • High - Low: 9.60 - 9.60
  • Previous Close: 9.50
  • Total Traded Volume: 8000
  • Updated On: 24-Dec-2019

Objects of the Lexus Granito (India) Limited IPO:

1. Working Capital requirements 2. General Corporate Purposes

Lexus Granito (India) Limited IPO Details:

Open Date: Aug 09 2017
Close Date: Aug 11 2017
Total Shares: 5,760,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 25.92 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 41-45 Per Equity Share
Listing At: NSE Emerge
Listing Date: Aug 23 2017

Promoters And Management:

1. Nilesh Detroja 2. Hitesh Detroja 3. Anilkumar Detroja 4. Pavan Blackrock Pvt Ltd

Financials of Lexus Granito (India) Limited IPO:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 16,439.35 9,798.09 5,910.54 6,022.14 6,972.31
Total Revenue 16,473.11 10,226.87 8,090.04 5,925.34 6,365.39
Profit After Tax 508.82 320.20 203.04 31.99 156.17

Lead Manager of Lexus Granito (India) Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Lexus Granito (India) Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Lexus Granito (India) Ltd Survey No. 800, Opp. Lakhdhirpur Village, Lakhdh irpur Road, N. H. 8A, Tal. Morbi, Lakhdhirpur, Rajkot - 363642 Phone: +91 7567500110 Email: Website:

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