Let’s have a detailed review of the company and analytics of the LAVA International IPO release date, IPO offer price, subscription, LAVA International Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 5
Price BandRs [●]
Listing AtBSE, NSE
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Million
Fresh IssueRs 5000 Million
IPO SizeRs Million
Tick Size1

LAVA International IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.


LAVA International IPO – Summary

LAVA International IPOThey are a leading end-to-end focused mobile handset and mobile handset solutions company based in India, with operations in a number of countries. According to F&S, they are the third-largest feature phone company in India with a market share of 13.4%, in terms of sales volume in the financial year 2021. They have a presence in many emerging markets, such as Thailand, Sri Lanka, the Middle East, Bangladesh, Mexico, Indonesia, and Nepal. According to F&S, they are the fifth largest feature phone company with a market share of 5.0% in the world.

The Promoter of this company is HARI OM RAI, SHAILENDRA NATH RAI, SUNIL BHALLA, AND VISHAL SEHGAL. The lead manager to the issue is Axis Capital Limited, BOB Capital Markets Limited, DAM Capital Advisors Limited, and SBI Capital Markets Limited, and the Registrar to this issue is Link Intime India Private Limited.


LAVA International IPO Date

The opening and the closing date of the IPO of LAVA International Limited are not available yet.

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LAVA International IPO GMP
Allotment – LAVA International IPO

LAVA International IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Check LAVA International IPO LIVE Subscription

  • LAVA International IPO LIVE Bid details on BSE
  • LAVA International IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


LAVA International IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

LAVA International Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

LAVA International IPO Price Band

The face value of each share is Rs.5, but the price band of the IPO is Rs.[●] 


LAVA International IPO Equity Size

This Initial Public Issue of 18,24,000 Equity Shares of Rs.5 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.[●] Million.


LAVA International IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.5/ each.

Issue Size: X Equity Shares of Rs.5 each, aggregating to Rs.[●] Million


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    LAVA International IPO – Live Performance

    The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – LAVA International Share Price

    LAVA International IPO Grey Market Premium

    The LAVA International Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    LAVA International IPO – Company Overview

    They design, manufacture, market, distribute and service mobile handsets, tablets, and other electronics accessories under their own “LAVA” and “XOLO” brands, and provide value-added software services. They also offer mobile handsets solutions to original equipment manufacturers (“OEMs”) ranging from sourcing, design, manufacturing, quality testing, embedding software, and distribution.

    In the past, they have customized and manufactured white-label mobile handsets for leading multi-national companies such as HMD, Bhagwati Products Limited, and TCL. They have also designed smartphones powered with medical ultrasound applications for GE Healthcare.

    Recently, they have successfully signed (i) a partnership license agreement with Lenovo, which entitles them to distribute mobile handsets manufactured by them under the MOTOROLA brand in India and overseas and (ii) a multi-year contract with HMD for an end-to-end design, manufacturing, supply chain and distribution of mobile handsets under the Nokia brand in India and overseas.

    They manufacture and assemble their mobile handsets at their manufacturing facility located in Noida, India (the “Noida Facility”), using surface-mount technology (“SMT”) which is a leading technology in mobile handset manufacturing.


    LAVA International IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Million)
    31-Mar-2131-Mar-20Mar-19
    Total Assets24,375.4923,842.8723,808.03
    *Total Revenue55,236.7852,824.4851,287.48
    Total Expense52,724.6350,831.9249,455.49
    Profit After Tax1,726.081,077.61731.82

    Earnings per Equity Share (in Million)

    31-Mar-2131-Mar-20Mar-19
    Basic 3.462.161.47
    Diluted3.151.971.34

     

    Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 1,726.08 Million, Rs. 1,077.61 Million and Rs. 731.82 Million respectively.


    LAVA International IPO – Promoters

    The Promoter of this company is:

    1. HARI OM RAI
    2. SHAILENDRA NATH RAI
    3. SUNIL BHALLA
    4. VISHAL SEHGAL

    List of Related Parties (Key Managerial Personnel)

    • Hari Om Rai, Chairman, and Managing Director
    • Shailendra Nath Rai, Whole-time Director
    • Sunil Bhalla, Non-executive Director
    • Vishal Sehgal, Non-executive Director
    • Vinod Rai, Independent Director
    • Rahul Kansal, Independent Director

    LAVA International IPO – Promoters Holding

    • Pre Issue Share Holding – %
    • Pos Issue Share Holding – %

    LAVA International IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to X Equity Shares aggregating up to Rs.[●] Million
    of which:
    Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual InvestorsNot more than [●] Equity Shares
     Equity Shares outstanding prior to the Issue541,126,216 Equity Shares
     Equity Shares outstanding after the Issue557,769,856 Equity Shares

    LAVA International IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Marketing and brand building activities
    2. Funding acquisition and other strategic initiatives
    3. Investment in Material Subsidiaries for funding their working capital requirements and
    4. General corporate purpose

    LAVA International IPO – Business Strategy

    • Establish and expand their distribution network in other international markets and expand their manufacturing capacities
    • Continue to focus on strengthening the “Lava” brand by enhancing brand building and marketing efforts
    • Continue to nurture innovation through research and development
    • They continue to invest in technology to optimize their sales and distribution structure and improve operational efficiencies
    • Pursue strategic acquisitions and investments

    LAVA International IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager based on the following qualitative and quantitative factors.

    Qualitative factors are:

    • A leading end-to-end focused mobile handset and mobile handset solutions company in India with a growing international presence;
    • Robust research and development capabilities with a strong track record in product innovation and design;
    • Large-scale state-of-the-art manufacturing and quality service capabilities;
    • Extensive distribution network supported by advanced information technology capabilities; and
    • Highly qualified and experienced leadership team and motivated and skilled workforce;

    The relevant quantitative factors are:

    Basic EPSDiluted EPS
    RONW (%)NAV (Rs.)
    31-Mar-213.463.1510.8631.71
    31-Mar-202.161.977.65
    Mar-191.471.345.83

    LAVA International IPO: Competitive Peers

    Face Value (Rs.)P/EBasic EPS  (Rs.)Diluted EPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Millions)
    LAVA International Limited5[●]3.463.1510.8655,236.78
    Listed Peers
    Amber Enterprises India Limited10127.3224.9624.965.0930,636.20
    Dixon Technologies (India) Limited2158.9827.4926.8721.6764,497.48

    LAVA International IPO Lead Managers

    Lead Managers
    Axis Capital Limited

    BOB Capital Markets Limited

    DAM Capital Advisors Limited

    SBI Capital Markets Limited

    LAVA International IPO Registrar to offer

    Registrar to the Offer
    Link Intime India Private Limited
    C-101, 1st floor, 247 Park
    Lal Bahadur Shastri Marg
    Vikhroli (West)
    Mumbai 400 083, Maharashtra, India
    Tel: +91 22 4918 6200
    E-mail: lava.ipo@linkintime.co.in
    Investor grievance e-mail:
    lava.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact person: Shanti Gopalkrishnan
    SEBI Registration Number.: INR000004058

    LAVA International IPO – Other Details

    • Statutory Auditor – NA
    • Legal Counsel to the Company – NA
    • Bankers to the Company –  NA


    LAVA International IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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      LAVA International Limited IPO News

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      News 2 – LAVA International IPO RHP Download


      LAVA International IPO Review FAQs

      Ques – What is the Issue Size of LAVA International IPO?

      Answer – The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      Ques – What is the Price band of LAVA International IPO?

      Answer – The price band for this particular IPO, i.e. LAVA International IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.5 per share.

      Ques – What is the LAVA International IPO Open Date?

      Answer – The opening and closing dates for LAVA International IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

      Ques – What is the LAVA International IPO Allotment Date?

      Answer – They also have the news regarding the respective allotment dates of the LAVA International IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

      Ques – What is the LAVA International IPO Listing Date?

      Answer – Shares of LAVA International shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

      Ques – Who is the Registrar of LAVA International IPO?

      Answer – One of the reputed registrars is managing the issue of LAVA International IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

      Ques – Who is the Promoter of LAVA International IPO?

      Answer – Here are the promoters of LAVA International – HARI OM RAI, SHAILENDRA NATH RAI, SUNIL BHALLA, AND VISHAL SEHGAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      Ques – What is the GMP of LAVA International IPO?

      Answer – They have obtained the GMP of LAVA International IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Ques – Is LAVA International IPO good for Investment?

      Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      Ques – What is the PAT of LAVA International Company?

      Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 1,726.08, 2020 is 1,077.61, 2019 is 731.82.


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