Tuesday, March 23, 2021

Laxmi Organic IPO Listing on 25 March 2021 on NSE & BSE

Laxmi Organic IPO listing on NSE and BSE on 25 March 2021, Thursday at 10:00 AM. The companyis manufacturer of speciality chemical based in Maharashtra. Laxmi Organic IPO subscribed 106.78x times over all in that 175.43x times in QIB, 217.62x times in NII and 20.04x times in retail. The demand of the company is on a high. The grey market also stable around 60-70 level due to the market correction otherwise it was around the IPO price. Still there is a chance that IPO to hit the market on high and rich to the upper circuit on listing day if the market remain positive on Laxmi Organic listing day.

Latest Update: The IPO listed in premium. Laxmi Organic IPO Listed at ₹155.50 on NSE and at ₹156.20 on BSE.

Laxmi Organic


    Laxmi Organic IPO Listing Price: Live Quote

    DetailsBSE ListingNSE Listing
    Listing Price
    ₹156.20
    ₹155.50
    High Price
    ₹174.50
    ₹174.60
    Low Price
    ₹143.00
    ₹143.25
    Close Price
    ₹164.60
    ₹164.45
    BSE Notice of Listing: Click Here

    BSE Code543277
    NSE CodeLXCHEM
    GroupB
    ISIN NoINE576O01020
    Offer Price₹130
    Face Value₹2
    Listing Date25 March 2021,  Thursday

    Important Links:


    Laxmi Organic IPO Subscription Status

    (Fully Subscribed)

    Category Day 1 Day 2 Day 3
    QIB 0.01x 1.15x 175.43x
    NII 0.49x 2.48x 217.62x
    RII 4.34x 10.38x 20.04x
    Total 2.28x 6.05x 106.78x

    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 Listing FAQs:


    When is Laxmi Organic IPO Listing Date?
    Laxmi Organic IPO listing date is 25 March 2021.

    What will be Laxmi Organic IPO Listing Price?
    The IPO listed at ₹155.50 on NSE and at ₹156.20 on BSE. As per the market speculations the IPO to list at ₹200-₹210.

    Will Laxmi Organic will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    How much returns expected in Laxmi Organic IPO?
    The IPO might give a listing gain of ₹5000-6000.

    Should I buy Laxmi Organic shares on listing day?
    For long term one can buy the shares of Laxmi Organic on listing day.

    What is a BSE and NSE Code for the Laxmi Organic IPO?
    The BSE Code is 543277 while NSE Code is LXCHEM.

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