Lava Unlisted Share

Overview

LAVA International Limited is an Indian multi-national company in the Mobile Handset industry. They manufacture and supply various devices such as smartphones, tablets, feature phones, storage devices, etc. Incorporated on 27th March 2009, the company is an offshoot of a telecommunication venture by Hari Om Rai, Vishal Sehgal, Shailendra Nath Rai, and Sunil Bhalla. LAVA has been building mobile handset design capability including industrial design, mechanical design, hardware design & software design. The company is headquartered in Noida, India, and has an overseas reach in 11 countries. The overseas operations of the company take place in Nepal, Bangladesh, Thailand, Indonesia, Mexico, the Middle East, and Sri Lanka. LAVA is a market leader in several countries such as India, Sri Lanka, Thailand, and Indonesia. Lava is the only Mobile Handset company that makes Make In India phones in their truest form after the & Design In India initiative. It has complete control of design and manufacturing within India.

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Lava FAQ's

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like www.pmsnstocks.com.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for Lava is between 30K to 50K.

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