Unlisted

Lava International Share Price: Rs. 600 Cr Funding Plan

Lava International share price update: MD and CFO resign as the company explores Rs. 500-600 crore funding. Check unlisted shares, IPO and risks

Company profileLAVA International Limited

TL;DR

  • There is a change in leadership with MD Sunil Raina and CFO Rajesh Sethi resigning by December 2026.

  • LAVA International is believed to go for expansion raising Rs.500-600 crore for expansion and possible debt restructuring.

  • LAVA International share price as on October 21, 2026 is Rs. 46.26

  • LAVA is eyeing the sub-Rs 20,000 smartphone space and also wants to ramp up its domestic manufacturing business.

Lava International Share price
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Introduction

LAVA International is witnessing big leadership changes as the Indian smartphone maker looks to raise Rs. 500-600 crore to fund expansion and shore up its business.

Managing Director Sunil Raina and Chief Financial Officer Rajesh Sethi have resigned and their tenures are likely to end in December 2026. Meanwhile, co-founder Hari Om Rai is said to have returned as managing director.

These developments have brought the LAVA International share price back into the limelight, more so for investors tracking the company’s unlisted shares and possible IPO plans.

Source: Trading View dated October 24, 2026

LAVA International Share Price: LAVA International share price prediction October 2026?

LAVA International’s unlisted shares were trading at Rs. 46.26 on Stockify on October 21, 2026. LAVA International is not listed on National Stock Exchange (NSE) or Bombay Stock Exchange (BSE).Thus, there is no official market price for its shares on an exchange.

LAVA International unlisted shares at a glance

Particulars

Details

Company

LAVA International Limited

Indicative unlisted share price

Rs. 46.26

Price date

October 21, 2026

Face value

Rs. 5

ISIN

INE745X01022

Sector

Mobile manufacturing

Listing status

Unlisted

Proposed fundraising

Rs. 500-600 crore

IPO opening date

Not announced


LAVA International Share Price


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LAVA International sees leadership changes

Managing Director Sunil Raina and Chief Financial Officer Rajesh Sethi have resigned and are serving their notice periods. The executives are to depart by December 2026.

Key leadership developments

Executive

Role

Reported development

Sunil Raina

Managing Director

Resigned; expected to leave by December 2026

Rajesh Sethi

Chief Financial Officer

Resigned; serving notice period

Hari Om Rai

Co-founder

Reportedly returned as Managing Director

Sanjeev Agarwal

Former Chief Manufacturing Officer

Left LAVA earlier in 2026 to join Micron

Source: Moneycontrol 23 October 2026

Why is LAVA International looking to raise Rs. 600 crores fund?

LAVA International is also reportedly looking to raise a capital of around Rs. 500-600 crore to scale up its smartphone business and possibly also to restructure some of its existing debt.

The proposed investment could help LAVA address some business priorities.

1. Boost smartphone production

The new capital can help finance production capacity, product development and better production efficiency. More investment could also help LAVA to launch new smartphone models and improve its standing against bigger rivals.

2. Encourage domestic component production

The company is exploring India’s electronics manufacturing ecosystem. Extra funding could aid domestic sourcing of components and to reduce dependence on imported components over time.

3. Debt restructuring retroactively

The deal could involve restructuring existing debt. After the company raises a good amount of money, this will add to the financial flexibility.

4. Boost competitiveness

In the smartphone market, LAVA faces tough competition from entrenched players including Chinese brands that have a sizable share of the market. The company could use more investment to strengthen its affordable smartphone offering, distribution and product development.

Note: However, the reported Rs. 500–600 crore fundraising remains a proposal. The amount, valuation, investors and final transaction structure have not been confirmed.

LAVA International Latest Verified Financial Performance

The financial position of LAVA International is an important consideration for investors looking at the company’s unlisted shares. The company’s consolidated FY 2024-25 financials give a view of the business before the most recently reported funding and leadership changes.

LAVA International financial highlights

Financial metric

FY 2024–25

Revenue from operations

Rs. 2,019.03 crore

Total income

Rs. 2,031.25 crore

Loss before tax

Rs. 312.18 crore

Net loss

Rs. 248.26 crore

Finance costs

Rs. 51.19 crore

Earnings per share

Rs. -4.59

Source: Annual Report 2024-25

Will low-cost smartphones revive LAVA International’s growth?

LAVA International is looking at the sub-Rs 20,000 smartphone space.This segment is still relevant as it caters to customers who want affordable devices with modern features.

Competitors manufacturers are concentrating more on mid-range and premium smartphones and the company sees an opportunity.LAVA’s possible advantages include its Indian brand image, its presence in the domestic manufacturing sector and its knowledge of price-conscious consumers.

Expansion also may be helped by government incentives. The government launched the Rs. 62,500 crore Mobile Phone Manufacturing Scheme in August 2026 to promote domestic production and component localization.

Industry reports signals that LAVA will avail benefits under the scheme, but the total result will depend on the eligibility and approval.

LAVA International IPO: Is a listing on the cards?

LAVA International had filed draft IPO papers with the Securities and Exchange Board of India on September 29, 2021. However, those plans did not result in a public listing.

The company has continued to explore fundraising and possible listing opportunities in subsequent years. As of October 26, 2026, there is no verified new IPO opening date, price band or final issue size.

Source: SEBI: LAVA International draft offer filing

The latest discussions on Rs. 500-600 crore fundraising should not be seen as an approved or scheduled IPO.

What should LAVA International unlisted-share investors watch next?

There are a number of developments that could provide more insight into the company's direction.

  1. Funding confirmation: Best would be to see if LAVA manages to raise Rs. 500-600 crore and announce final investors and terms of the deal.

  2. Leadership transition: The effects of the new management structure on operations and financial planning.

  3. Financial performance: Whether subsequent audited results demonstrate improvement in revenue, operating margins and net losses.

  4. Smartphone market share: That is, if the company can maintain the reported growth in affordable smartphones.

  5. IPO developments: Investors must observe whether LAVA files revised offer documents, announces new listing timeline.

These developments will assist investors to gauge the company’s financial recovery and possible future valuation.

Conclusion

The latest news from LAVA International marks a period of change for the business and its leadership. Senior executives’ resignation, reported return of co-founder Hari Om Rai and proposed Rs. 500-600 crore funding round could reshape the company’s next phase of growth.

Still, the company has financial and competitive hurdles to overcome, and the success or failure of its fundraising and expansion plans will be critical.

Investors watching the LAVA International share price should focus on confirmed funding, audited financial performance, and any official IPO announcements.

FAQs

LAVA International stock price prediction 2026?

The indicative share price of LAVA International unlisted shares is Rs. 46.26 as on date.

Why is LAVA International raising Rs. 600 crore?

LAVA International is reportedly exploring Rs. 500–600 crore in funding to support smartphone expansion, domestic manufacturing and possible debt restructuring. The transaction has not been confirmed.

Who is the new managing director of LAVA International?

Co-founder Hari Om Rai has reportedly returned as managing director.

Is LAVA International listed in NSE or BSE?

No. LAVA International remains an unlisted company.

Is Rs. 600 crore funding to boost LAVA International share price?

No, that is not the only reason. But the share price will depend on the final transaction valuation, future financial performance and investor demand.

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