Laxmi Organic Industries Limited
₹14,950(115 Shares)
Minimum Investment
IPO Dates
Mar 15, 2021 – Mar 17, 2021
Price Band
₹129–130 per equity share
Lot Size
115
Listing
Mar 25, 2021
Listing At
BSE, NSE
Laxmi Organic Industries Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
106.74x
Laxmi Organic Industries Limited IPO Issue Details
- Issue Price
- ₹129-130 Per Equity Share
- Face Value
- ₹2 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Mar 25, 2021
Company Information
Laxmi Organic Industries Ltd is a speciality chemical manufacturer that operates in 2 business segments; Acetyl Intermediates (AI) and Speciality Intermediates (SI). It is the leading manufacturer of ...
Valuations
RoNW
16.45%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Investment in subsidiary firm, Yellowstone Fine Chemicals Private Limited (YFCPL) to partly finance the capex to establish a new manufacturing facility.
- 2To invest in YFCPL for financing working capital requirements.
- 3To finance the capex for expansion of SI manufacturing facility.
- 4To finance business working capital requirements.
- 5To purchase plant and machinery for infrastructure development at SI facility.
- 6To make prepayment or repayment of company and its subsidiary, Viva Lifesciences Pvt Ltd (VLPL).
- 7To meet general corporate purposes.
Laxmi Organic Industries Limited – Promoter(s)
Contact Details
Laxmi Organic Industries Limited IPO Documents
Frequently Asked Questions — Laxmi Organic Industries Limited IPO
The Laxmi Organic Industries Limited IPO price band is set at ₹129.00 to ₹130.00 per equity share.
The lot size for Laxmi Organic Industries Limited IPO is 115 shares per lot. The minimum investment amount is approximately ₹14,950.
The Laxmi Organic Industries Limited IPO opens on Mar 15, 2021 and closes on Mar 17, 2021.
Laxmi Organic Industries Limited IPO is expected to be listed on Mar 25, 2021 on BSE, NSE.
