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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.
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Lava International IPO will be opening soon. Get IPO details, opening & closing date, allotment & subscription status & much more. Apply for Lava International IPO online at 5paisa.com.
- Handset maker Lava International files for IPO as revenue ...
Mobile handset maker Lava International Ltd has filed its...
- Handset maker Lava International files for IPO as revenue ...
Lava International IPO - Read Lava International IPO Review and Analysis on The Economic Times. Find out Lava International IPO Issue Price, Subscription Dates and Status, Lava International IPO Listing Date and more.
Lava International Limited has filed for IPO with Rs 500 crores in fresh equity shares and 437 lakh equity shares from existing shareholders. Lava International is the third-largest feature phone manufacturer in India.
Dec 10, 2022 · Mobile handset maker Lava International Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO).
- The IPO offer for Lava International, as per details filed in the draft red herring prospectus (DRHP) with SEBI, comprises of a fresh issue component of Rs.500 crore and an offer for sale of shares of up to 43.73 million shares by the existing early investors of the company and its promoters.
- Lava International Ltd will be issuing nearly 43.73 billion shares as part of the offer for sale in the issue. The overall offer for sale (OFS) will consist of the tendering of up to 12.54 million shares by Hari Om Rai, up to 3.14 million shares by Shailendra Nath Rai and up to 7.84 million shares each by Sunil Bhalla and Vishal Sehgal.
- Let us now turn to the application of the Rs.500 crore that will be raised by way of fresh issue. This will expand the capital base of Lava, result in fresh fund infusion and will also be EPS dilutive.
- Lava is a leading end-to-end designer and manufacturer of mobile handset and mobile handset solutions based in India. It has operations in India and a number of other countries too.
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.
Sep 9, 2021 · Lava International all set for IPO, seek shareholders approval. ETMarkets.com Last Updated: Sep 09, 2021, 10:36:00 PM IST. 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.
Free report reveals changes coming to the chip sector and the one stock could skyrocket. Zacks names stock with the greatest upside in the semiconductor industry. See it free.
