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- Lava International is hopeful of securing fresh funds from private equity investors within the ongoing fiscal year to grow its smartphone business, a top executive said. He added that the home-bred mobile phone maker has again started work to come out with an initial public offering (IPO) over the next two to three years.
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Apr 23, 2024 · New Delhi: Domestic smartphone maker Lava International plans to raise Rs 500-600 crore next fiscal year starting April 1, 2025, either through an initial public offering or private equity or both, utilising the funds to expand manufacturing, R&D and marketing efforts, managing director Sunil Raina said. "Preparations for a fundraise will start ...
Sep 28, 2021 · Homegrown mobile manufacturer Lava International Ltd has filed a draft paper with the Securities and Exchange Board of India to raise funds via an initial public offering. The offer...
Lava International filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in September 2021 to raise funds through an initial share sale.
Mar 27, 2024 · In September 2021, Lava International Ltd filed a draft red herring prospectus (DRHP) with markets regulator Sebi to raise about ₹ 500 crore through a fresh issue of shares and private...
Sep 9, 2021 · Synopsis. The company will seek shareholders approval for the initial public offering for up to Rs 2,400 crore, which will consist of an offer for sale by existing shareholders and issuance of fresh equity. Agencies. The company will also issue bonus shares in 1:1 ratio to existing shareholders.
Jun 2, 2021 · NEW DELHI: Lava International is planning raise Rs 1400-1500 crore via an initial public offering (IPO), for which it will file a Draft Red Herring Prospectus (DRHP) by the end of this month, people familiar with the matter said, a move aimed at helping the home-bred handset maker take on its moneyed Chinese rivals.
