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Laxmi Organic, MTAR receive SEBI Nod for IPO

Specialty Chemicals Company, Laxmi Organics files for 800 cr IPO Posted On: 2020-12-15 23:00:19 (Time Zone: Arizona, USA) Laxmi Organics, a leading manufacturer of Acetyl Intermediates and Specialty Intermediates and the largest manufacturer and exporter of ethyl acetate from India as per the Frost & Sullivan Report, has filed its DRHP to raise approximately 800 cr. The IPO is a fresh issuance aggregating to Rs 500 cr and an Offer for sale of face value of Rs 2 each by the Promoter Selling Shareholder, YellowStone Trust aggregating to Rs. 300 cr. The Mumbai based speciality chemicals man...