INE745X01022
Listing Status: DRHP Filed
About
Overview
It is a market leader in several countries being 4th largest in India, 2nd largest in Thailand, 3rd largest in Sri Lanka and 5th largest in Bangladesh. It is currently in the works to expand its presence in the continent of Africa. The company has been building mobile handset design capability including industrial design, mechanical design, hardware design & software design. It has demonstrated quick and robust expansion since inception, showing profitability and growing sales since the first year of operations. Lava and Xolo are two brands that operate under the parent company. With ‘Create Possibilities’ as its guiding principle, Lava has embarked on an ambitious journey of becoming the 1st global consumer brand from India by empowering every human with quality innovative products.
LAVA has a wide product portfolio that encompasses tablets, feature phones, and smartphones having various models in bar and touch form factors at multiple price points to suit all categories of consumers. The handset-maker a couple of years ago had 50 products (about 20 smartphones and some 35 feature phones) in its portfolio which has now brought down to less than 15 phones (five smartphones and nine feature phones).
Lava has two manufacturing plants in India and the company claims to be the only Indian brand to design devices in India and do PCB SMT in its own factory.The Company has an in-house research and development centre and manufacturing facilities in Noida.
Insights
The company manufacture and assemble mobile handsets at their own manufacturing facility located in Noida, India (the “Noida Facility”), using surface-mount technology (“SMT”) which is a leading technology in mobile handset manufacturing. As of August 31, 2021, they had four SMT lines and 12 assembly lines operated by 3,105 workers, with a production capacity of 42.52 million Feature Phone Equivalent handsets per annum. The manufacturing facility has been certified with quality management systems, manufacturing execution system and environmental management systems for compliance with ISO9001: 2015 and ISO14001 and OHSAS45001 for occupational health and safety. Further, they own a significant portfolio of intellectual property rights, including 98 trademark registrations in India, 12 trademarks overseas and three registered copyrights.
Notes:-
- After the end but before issuance of financial statements, the company has given effect to stock split by way of split of face value of equity share from Rs 10/- to Rs 5/-.
- Also the company has issued bonus share to equity shareholders in the ratio of 1:1.
- Adjusted EPS has been calculated as per the requirement of Para 64 of Ind As 33 - Earnings per share.
Balance Sheet
Profit and Loss
Management
HARIOM RAI - Managing Director
Shareholding in the company - 36.11 %
SUNIL BHALLA - Director
Shareholding in the company - 22.74 %
VISHAL SEHGAL - Director
Shareholding in the company - 17.7 %
SHAILENDRA RAI - Wholetime Director
Shareholding in the company - 9.41 %
ASITAVA BOSE - Chief Financial Officer
BHARAT MISHRA - Company Secretary
CHITRA GOURI LAL - Director
RAHUL KANSAL - Director
VINOD RAI - Director
Ancillary
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Press
Company Information
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Can I buy unlisted shares of LAVA?
Yes, you can buy LAVA shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy share of LAVA Please click on the “trade” button at the top of this page
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Can I sell unlisted shares of LAVA?
Yes, you can sell LAVA shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded (Click on link). To submit a request to sell shares of LAVA Please click on the “trade” button at the top of this page
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What is the LAVA share price today??
We provide a two way quote on all the shares we deal in. Your buy price for LAVA unlisted share today is ₹137 and your sell price for LAVA unlisted share today is ₹122. The price is based on our estimates and market conditions.
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How is the price of LAVA unlisted shares calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of LAVA unlisted share.
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What are the lot sizes for LAVA unlisted shares?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of LAVA unlisted shares with us kindly click here.
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What are the financials of LAVA?
The financials of LAVA which includes the P/L of LAVA and the Balance Sheet of LAVA is in the financials section (Click on link).
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Where can I find the LAVA annual report?
The LAVA annual report is available in the annual report section (Click on link).
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What is the lock-in period of LAVA unlisted shares?
If the company has filed for a DRHP before July’2021 then the lock-in period post-IPO is 1 year else the lock-in period post-IPO is 6 months.
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Is buying LAVA unlisted shares legal in India?
Yes, buying and selling of Unlisted shares is legal in India.
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How much time does it take to credit LAVA unlisted shares in the Demat account?
Once the transaction for your placed order is completed the shares get credited to your Demat account in the next 24 hours.
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From where does Altius source LAVA unlisted stocks?
Altius sources shares from the initial investors or employees looking to liquidate their investment in the company.
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Short-term Capital gains tax to be paid on LAVA unlisted stocks?
If you liquidate your shares in less than 2 years, then these gains are taxed as ordinary income and hence are added to your income. You are taxed as per the tax slab.
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What is the expected IPO date or the listing date of LAVA?
Some of the companies listed with us today are already in a Pre-IPO phase. And the rest usually have a vision for an IPO in the next 2-3 years.
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Long-term Capital gains tax to be paid on LAVA unlisted stocks?
If you liquidate your shares after 2 years, these gains are taxed as Long-term Capital gains and are taxed at 20% with indexation benefits.
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Where can I find the LAVA price chart?
We have made a price chart available for LAVA based on the historical share prices here.
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