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Lava International Ltd filed its DRHP with SEBI on 27 September, 2021. The IPO consists of a fresh issue of Rs.500 crore and an offer for sale of up to 43,727,603 equity shares. The company is also considering a private placement worth Rs.100 crore, which will be deducted from the amount of fresh issue.
It was founded in 2009 by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai, and Vishal Sehgal [1] as an offshoot of a telecommunication venture. It is headquartered in Noida , [ 4 ] and has operations in a number of countries.
Dec 10, 2022 · The company was co-founded by Hari Om and Shailendra Nath Rai and Bhalla in 2009. Sehgal joined in 2010. The company designs, makes, markets, distributes and services mobile handsets, tablets and other electronics accessories under its own ‘LAVA’ and ‘XOLO’ brands.
Get full details of Lava International Ltd initial public offering (IPO) such as listing date, price band, issue size, financials, listing gain, valuation, company analysis, with review on Ticker.
Company profile page for Lava International Ltd including stock price, company news, executives, board members, and contact information.
Aug 22, 2024 · Lava International - Brand of mobile phones, laptops, and tablets. Raised a total funding of $165M over 5 rounds from 31 investors. Valued at $1.1B. Founded by Shailendra Nath Rai, Vishal Sehgal and 2 others in the year 2009. Lava International has 95 competitors.
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Jul 24, 2023 · Founded in the year 2009, as an offshoot of a telecommunications venture, Lava soon entered the mobile and electronic devices manufacturing sector, operating in and around more than 7 countries. Headquartered in Noida, the company manufactures, markets, distributes and services mobile handsets, tablets and other electronics accessories under ...