INE745X01022
Listing Status: DRHP Not Filed

About LAVA International Ltd
Overview of LAVA International Ltd
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 of LAVA International Ltd
IPO Updates
Lava International Ltd filed its DRHP with SEBI on 27th September,2021 for an IPO of Rs 1500 Cr.
The IPO consists of a fresh issue of equity shares worth Rs 500 crore and an offer for sale (OFS) component of 43,727,603 equity shares.
Understanding LAVA Valuation:
Number of Shares Outstanding in Crore | 55.77 |
Price Per Share | 132 |
Current Market Cap in INR Crores | 7362.56 |
Current Market Cap in Billion dollar | 0.92 |
IPO Valuation in Billion dollars | 1.45 |
IPO Valuation in INR Crores | 11657.38 |
Potential Upside on IPO | 58% |
Disclaimer- Number of shares offer for sale (OFS) = 4.3 Cr equity shares, so value of per share of LAVA is Rs.210 tentatively on the valuation of 1.45 billion dollar.
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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 of LAVA International Ltd
Profit and Loss of LAVA International Ltd
Management of LAVA International Ltd
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 of LAVA International Ltd
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Press of LAVA International Ltd
Annual Report of LAVA International Ltd
Company Information of LAVA International Ltd
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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 price of LAVA unlisted share?
We provide a two way quote on all the shares we deal in. Your buy price for LAVA unlisted share is ₹93 and your sell price for LAVA unlisted share is ₹80. The price is based on our estimates and market conditions.
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How is the price of LAVA 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 annual report of LAVA?
The annual report of LAVA is available in the annual report section (Click on link).
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What is the lock-in period of LAVA unlisted share?
The minimum lock-in period of LAVA unlisted share is 1 year post the listing date. Prior to listing the shares can be sold in the active unlisted market. We provide a two way quote on all the shares we deal in. Your buy price for LAVA unlisted share is ₹93 and your sell price for LAVA unlisted share is ₹80.
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