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Lexus Granito (India) Limited - SME IPO
Company Profile:
Incorporated in 2007, 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 home owners 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 exports its products to Saudi Arabia, Mexico, Kuwait, Oman, etc.
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Lexus Granito (India) Limited - SME IPO |
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| Issue Open |
Aug 09, 2017 - Aug 11, 2017. |
| Issue Price | Rs 41 - Rs 45 Per Equity Share |
| Market Lot | 3000 Shares |
| Minimum Order Quantity | 3000 Shares |
| Issue Size | 5,760,000 Equity Shares of Rs 10 aggregating up to Rs 25.92 Cr |
| Face Value | Rs 10/- |
| Listing At | NSE SME |
Company Promoters:
The promoters of the company are:
1. Mr. Nilesh Detroja;
2. Mr. Hitesh Detroja;
3. Mr. Anilkumar Detroja and
4. Pavan Blackrock Pvt Ltd
Objects of the Issue:
1. Working Capital requirements;
2. General Corporate Purposes.
How To Apply in SME IPO:
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