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Lancer Container IPO is a fixed price issue of Rs 1.85 crores.
Lancer Container IPO bidding started from March 31, 2016 and ended on April 5, 2016. The shares got listed on BSE SME on April 13, 2016.
Lancer Container IPO price is ₹12 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Lancer Container IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Lancer Container IPO RHP for detailed information.
IPO Date | March 31, 2016 to April 5, 2016 |
Listing Date | April 13, 2016 |
Face Value | ₹10 per share |
Price | ₹12 per share |
Lot Size | 10000 Shares |
Total Issue Size | 1,540,000 shares (aggregating up to ₹1.85 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 4,169,400 |
Share holding post issue | 5,709,400 |
Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 10000 | ₹120,000 |
Retail (Max) | 1 | 10000 | ₹120,000 |
Lot Size Calculator |
Incorporated in 2011, Lancer Container Lines Ltd (LCLL) is engaged in providing various logistics services such as NVOCC, Shipping and freight forwarding, provision of yards for storage of empty containers, inland transport service etc.
They are also engaged in trading and leasing of containers. LCLL provides all these services worldwide. Currently it has more than 3000 containers which are available for NVOCC operations. It has partnered with CARU Containers, an international market leader in this field, to enhance its global reach.
The object of the Issue are:
1. Procurement of new containers;
2. Issue Expenses;
3. General corporate purposes.
[Dilip Davda]
Issue is priced justifiably and the sector is heading for bright prospects ahead. Long term investors may consider parking their funds in this IPO.
Read detail review...Listing Date | April 13, 2016 |
BSE Script Code | 539841 |
NSE Symbol | LANCER |
ISIN | INE359U01010 |
Final Issue Price | ₹12 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹12.00 |
₹12.60 |
₹12.60 |
₹12.60 |
₹12.60 |
Lancer Container Lines Ltd
26/27 Arenja Tower CHS Ltd,
Plot No. 49/50/51 CBD Belapur,
Navi Mumbai - 400614
Phone: +91-22-27566940/41/42
Email: secretarial@lancermarine.in
Website: http://www.lancermarine.in
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Lancer Container IPO is a SME IPO of 1,540,000 equity shares of the face value of ₹10 aggregating up to ₹1.85 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000 Shares.
The IPO opens on March 31, 2016, and closes on April 5, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Lancer Container IPO opens on March 31, 2016 and closes on April 5, 2016.
Lancer Container IPO lot size is 10000 Shares, and the minimum amount required is ₹120,000.
You can apply in Lancer Container IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Lancer Container IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lancer Container IPO allotment status.
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