IPO Trending
LGHLSME / NSEListed
Laxmi Goldorna House

Laxmi Goldorna House Ltd, established in 2010, is engaged in the wholesale and retail trading of gold jewellery and ornaments and later diversified into real estate development in 2017, undertaking residential and commercial projects. The company’s registered office is situated at Manek Chowk, Ahmedabad, and it offers a variety of gold and other jewellery designs suited to regional customer preferences, while outsourcing jewellery design and manufacturing to third-party vendors. At present, the company is developing a real estate project named Laxmi Eternia, designed by the Bend Group, which is strategically located near Ahmedabad Airport, Ahmedabad Railway Station, and the Baroda Expressway, and comprises 723 three-bedroom apartments and 52 shops along with amenities such as basement parking, gym, theatre, sports courts, play areas, party spaces, and a society office.

₹15 - ₹15Open
Listed Price₹15.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open20 Mar 2020
Close03 Apr 2020
Allotment09 Apr 2020
Listing13 Apr 2020

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,88,000 shares
5.22%
HNI26,16,000 shares
47.39%
Retail26,16,000 shares
47.39%

Minimum Application Lots

Retail1 Lot (8,000 shares)
₹1,20,000
HNI2 Lots (16,000 shares)
₹2,40,000

Company Promoters

Mr. Jayesh Chinubhai ShahMrs. Rupalben Jayeshkumar Shah

Company Background

Laxmi Goldorna House Ltd, established in 2010, is engaged in the wholesale and retail trading of gold jewellery and ornaments and later diversified into real estate development in 2017, undertaking residential and commercial projects. The company’s registered office is situated at Manek Chowk, Ahmedabad, and it offers a variety of gold and other jewellery de...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-19)₹3877.66 Cr
Growth-26.0%
Revenue Trend (₹ in Crores)
0.02.8k5.6k8.4kMar-17Mar-18Mar-19Sep-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-193,877.6640.164,294.280
Mar-197,344.9766.823,943.940
Mar-186,977.2544.063,879.010
Mar-175,242.5258.051,028.520

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
09 Apr 2020
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
13 Apr 2020

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Laxmi Goldorna House. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Apr 2020Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Apr 2020Trading commences on exchange

How to Check Laxmi Goldorna House Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Laxmi Goldorna House IPO

Complete issue overview for Laxmi Goldorna House (LGHL) IPO. The issue features an equity share price band of ₹15 per share with a minimum retail lot size of 8000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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