Lava International Ltd IPO

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.

The company is an Indian end-to-end focused mobile handset and solution company. They are the third-largest Indian feature phone manufacturer and the fifth-largest globally by market share.

They cater to PAN Indian market and have a significant presence in several countries, including emerging markets in Thailand, Sri Lanka, the Middle East, Bangladesh, Mexico, Indonesia, and Nepal.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

IPO Financials

Particulars 2019 2020 2021
Revenue From Operation 55,128.74 52,643.29 51,083.52
EBITDA 2512.15 1992.56 1831.99
EBITDA Margin (%) 4.56 3.79 3.59
Profit After Tax 1,726.08 1,077.6 1 731.82
EPS 3.15 1.97 1.34

How to apply in IPO via UPI on Dynami

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Why should you invest in the Lava International Ltd. IPO?

Below are your top reasons:

  • The company manufactures and sells a wide range of mobile handsets, tablets and other electronic accessories under its Lava and XOLO brands.
  • According to F&S, the company captured a 13.4% market share by sales volume in 2021.
  • They are India's third-largest feature phone company with a 10.2% market share in the less than USD 70 segment.
  • Lava Internation has signed a licence agreement with Lenovo to allow it to distribute mobile handsets manufactured under the Motorola brand in India.

Know before investing

Strengths

F&S report predicts a shift from feature-based phones to entry-level smartphone subscribers in India.



The company's technical and R&D capacities will help it capitalise on the trend change.



The company has a strong brand recall in the under $70 market segment.



The brand has established itself in several emerging and foreign markets and recently launched its products and services in the USA.

Risks

The brand continues to face challenges from large and established competitors.



Failing to anticipate changing market and customer preferences will hurt the company's future cash flow.



Technical breakthroughs that the brand fails to match or adapt may render its products obsolete.



Its profitability could be harmed by its inability to maintain and expand its sales.

How to apply for Lava International Ltd IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Lava International Ltd IPO and approve the payment on your UPI ID.

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