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Laxmi Organic Industries initial public offering (IPO) Opens Today. Here Are Things To Know


The shares of the speciality chemical manufacturer are likely to be listed on March 25
Laxmi Organic Industries Rs 600 crore initial public offering (IPO) will open for bidding today and will close on March 17. The company has fixed the price band at Rs 129-130 per share and expects to raise Rs 600 crore at the higher end of the price band. The shares of the speciality chemical manufacturer are likely to be listed on the bourses on March 25.
Laxmi Organic Industries primary market offering comprises a fresh issue of Rs 300 crore and an offer for sale of Rs 300 crore by the promoter group, Yellowstone Trust. Bids can be placed for a minimum 115 equity shares and in multiples of 115 equity shares, extending up to 13 lots. ....

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Laxmi Organic Industries IPO Subscription News: Laxmi Organic Industries IPO Oversubscribed On First Day Of The Issue


Laxmi Organic Industries IPO Oversubscribed On First Day Of The Issue
Retail investors were seen bidding for the IPO in large numbers as the portion reserved for them was subscribed 1.88 times.
Updated: March 15, 2021 4:27 pm IST
Laxmi Organic Industries share sale via initial public offering (IPO) was oversubscribed on first day of the issue. Laxmi Organic Industries IPO was subscribed 1.8 times till 4:10 pm on the opening day of the issue. Laxmi Organic Industries received over 5.84 crore bids for 3.25 crore shares on the offer, data from the National Stock Exchange showed. The issue received over 4.4 crore bids at the cut off price, according to NSE. ....

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Laxmi Organic Industries IPO: 10 key things to know before subscribing the issue


Laxmi Organic Industries IPO: 10 key things to know before subscribing the issue
© Sunil Matkar
Laxmi Organic Industries IPO: 10 key things to know before subscribing the issue
Laxmi Organic Industries, a specialty chemicals manufacturer, will open its initial public offering for subscription in the coming week, which will be busy with five IPOs lined up for launch.
Laxmi Organics shares are going to be listed on the BSE as well as National Stock Exchange. Axis Capital and DAM Capital Advisors (formerly IDFC Securities) are the lead managers to the offer.
Here are 10 things to know before investing in the public issue: ....

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