About Lip India IPO
This offer with a face value of 1 rupee is Rs. There will be a mix of new issues of up to Rs 400 crore and sales of up to Rs 2,000 crore (offs).
Tical Bhi Holdings II PTE. Limited and Kia EBT Scheme 3 are shareholders for sale in this issue.
This offer includes a subscription reservation by eligible employees, and discounts are being given to the eligible employees who are bid in the employee reservation part.
With the advice of a Mumbai-based company book-moving lead managers, up to 20% of the fresh issue size can consider IPO placement. If the pre-IPO placement is completed then the size of the fresh issue will be reduced.
This offer is being done through the fur book-building process, in which no more than 50% of the net offer fur is not allotted to the eligible institutional buyers (QIB), with a net offer fur assigned to 15% of the net offers, respectively.
Lip India IPO moves forward
Rs. 300 crore its fresh issue income will be used for all or specific borrowings of the company and the rest will be used for working capital requirements.
About Lip India
According to the F&S report, included in 2013, the company uses its ‘share and re-use’ business model, and is the on-demand asset pooling provider on the highest demand in India’s supply chain management sector (depending on the number of pooled assets).
As of May 31, 2025, the company has 13.57 million assets by May 31, 2025, along with the PAN-India network of 7,747 customer touchpoints and 30 fulfillment centers. These centers facilitate its customers’ storage, maintenance, repair and rapid deployment of its property. According to the F&S report, the company is currently the only player in India who is currently operating on a significant basis and at a national level in the pallet pooling segment.
The company’s Service Ings Includes Technology-enabled Supply Chain Solutions that corresponds to customer requirements in industries.
Lip India Financial
During the financial year 2023, the company’s total revenue against the financial year 2025 was Rs. 485 crore. The company benefited from increased revenue from asset pooling – pallets and containers. During the financial year 2023, its net profit during the financial 2025 was Rs. 37.5 crore.
On March 31, 2025, more than 900 customers are proud of the company, including Panasonic Life Solutions India Private Limited, Marico Limited, Higher Appliances Private Limited, Hindustan Coca Cola Beverages Private Ltd.
Lead Managers for Lip India IPO
JM Financial Limited, IIFL Capital Services Limited, UBS Securities India Private Limited and Avendas Capital Private Limited, are lead managers running the book and MUFG Intime Private Limited is the registrar of the offer. Equity shares are proposed to be listed on BSE and NSE.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
As a reliable and reliable news source
Add now!
(Now you can subscribe to our Etmarkets WhatsApp channel)