Friday, March 05, 2021

Laxmi Organic IPO Date, Review, Price Band, Form & Market Lot Details

Laxmi Organic IPO date is announced, IPO to open on 15 March and closes on 17 March 2021. The company incorporated in 1989 based in Maharashtra. The company is manufacturer of speciality chemical. They are operating 2 business segments 1.Acetyl Intermediates (AI) and 2.Speciality Intermediates (SI). They are one of the leading manufacturer of ethyl acetate with 30% of market share and only manufacturer of diketene derivatives in India. They are exporting their products in 30 countries like China, Russia, Singapore, UAE, UK, USA, Netherland, etc. They have their 2 manufacturing facilities at Maharashtra. Checkout Laxmi Organic IPO date, price band and more details.

Laxmi Organic
 


    Laxmi Organic IPO Review

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    Laxmi Organic IPO Date & Price Band

     IPO Open:  15 March 2021
     IPO Close:  17 March 2021
     IPO Size:  Approx ₹600 Crore
     Face Value:  ₹2 Per Equity Share
     Price Band:  ₹129 to ₹130 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Equity:  55,43,052 Shares

    Laxmi Organic IPO Market Lot

     Minimum Lot Size:  Minimum 115 Shares
     Minimum Amount:  ₹14950
     Maximum Lot Size:  Maximum 1495 Shares
     Maximum Amount:  ₹194350

    Laxmi Organic IPO Allotment & Listing

     Basis of Allotment:  22 March 2021
     Refunds:  23 March 2021
     Credit to Demat Account:  24 March 2021
     Listing Date:  25 March 2021

    Laxmi Organic IPO Form

    How to apply the Laxmi Organic IPO? You can apply Laxmi Organic IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Laxmi Organic IPO in the Invest section. The other option you can apply Laxmi Organic IPO via IPO forms download via NSE and BSE. Check out the Laxmi Organic forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    Laxmi Organic Company Financial Report

      ₹ in Crore

    Revenue Expense Net Income
    2017 - - -
    2018 1396 1283 76.0
    2019 1574 1476 72.3
    2020 1539 1484 69.7
    2021 - H1
    814 758
    45.6

    Company Promoters

    • Yellow Stone Trust
    • Ravi Goenka

    About Laxmi Organic

    Laxmi Organic Industries is a speciality chemical manufacturer, focused on two key business segments:Acetyl Intermediates and Speciality IntermediatesSince its inception, the company has maintained a constant focus on innovation, creativity and speed,which has enabled it to meet with new challenges and service new opportunities across the world.


    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    Laxmi Organic IPO Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Phone: +91-22-4918 6270
    Email: laxmiorganic.ipo@linkintime.co.in
    Website: http://www.linkintime.co.in
    Note: Check Laxmi Organic IPO allotment status on Linktime website allotment URL. Click Here

    Laxmi Organic IPO Lead Managers

    • Axis Capital Limited
    • DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)

    Company Address

    Laxmi Organic Industries Limited
    A-22/2/3, MIDC,
    Mahad, Raigad– 402 309
    Phone: +91-2145-232424
    Email: http://www.laxmi.com/
    Website: http://www.laxmi.com/

    Laxmi Organic IPO FAQs


    When Laxmi Organic IPO will open for QIB, NII, and Retail?

    The IPO is to open on 15 March 2021 for QIB, NII, and Retail Investors.

    What is Laxmi Organic IPO Investors Portion?

    The investors' portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Laxmi Organic IPO?

    You can apply Laxmi Organic IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Burger King IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Laxmi Organic". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is Laxmi Organic IPO Size?

    Laxmi Organic IPO size is ₹600 crores.

    What is Laxmi Organic IPO Price Band?

    Laxmi Organic IPO Price Band is ₹129 - ₹130.

    What is Laxmi Organic IPO Minimum and Maximum Lot Size?

    The minimum bid is 115 Shares with ₹14950 amount while maximum bid is 1495 shares with ₹194350.

    What is Laxmi Organic IPO Allotment Date?

    Laxmi Organic IPO allotment date is 22 March 2021.

    What is Laxmi Organic IPO Listing Date?

    Laxmi Organic IPO listing date is 25 March 2021. The IPO to list on BSE and NSE.

    Note: The Laxmi Organic IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Laxmi Organic IPO GMP) will be added on the grey market page as it will start)