Lloyds Luxuries Ltd - IPO

Lloyds Luxuries Ltd IPO Details

Initial public offer of 60,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Lloyds Luxuries Limited (The Company or The Issuer) at an issue price of Rs. 40 per equity share for cash, aggregating up to Rs. 24.00 crores (Public Issue) out of which 3,00,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating Rs. 1.20 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating Rs. 22.80 crores is here in after referred to as the Net Issue. The public issue and net issue will constitute 26.67% and 25.33% respectively of the post- issue paid-up equity share capital of the company.The face value of the equity sahres is Rs.10 each and the issue price of Rs. 40 per equity shares. The issue price is 4 times the face value.Minimum application size 3,000 equity shares and in multiples of 3,000 equity shares thereafter.

Objective of issue

Financing the expenditure for opening new stores. Repayment of short term borrowings. To meet working capital requirements. General corporate purposes.

Lloyds Luxuries Ltd Contact Details

Lloyds Luxuries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@lloydsluxuries.in

Website - www.lloydsluxuries.in