Lorven International Ltd - IPO

Lorven International Ltd IPO Details

Initial public offer of upto 27,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Lorven International Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share (including share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.88% and [*] respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Repayment of a portion of certain borrowings availed by the company. To meet working capital requirements. General corporate purposes.

Lorven International Ltd Contact Details

Lorven International Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@lorveninternational.in

Website - www.lorveninternational.in