Lava International IPO

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Lava International is one of the leading end-to-end focused mobile handset and mobile handset solutions company based in India. The company is engaged in designing, manufacturing, marketing, distributing, and servicing mobile handsets, tablets, and other electronics accessories under the LAVA and XOLO brands, and also provides value-added software services. Along with this it also offers mobile handsets solutions to original equipment manufacturers (OEMs) ranging from sourcing, design, manufacturing, quality testing, embedding software and distribution. 

It is the third-largest feature phone company in India with a market share of 13.4% and the fifth-largest feature phone company with a market share of 5.0% in the world with a presence in many emerging markets, such as Thailand, Sri Lanka, the Middle East, Bangladesh, Mexico, Indonesia, and Nepal.

The public offer of Lava International comprises a fresh issue of equity shares aggregating up to Rs. 500 crores and an offer for sale of 4.37 crore equity shares.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 5,128.75 73.18 1.34
March 2020 5,282.45 107.76 1.97
March 2021 5,523.68 172.61 3.15

How do I apply to the Lava International IPO?

You can apply for the Lava International IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
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