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Laxmi Organic Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 600.00 Cr. The company is based in Raigad and caters to Chemical - Speciality sector. Axis Capital , Dam Capital Advisors (Formerly Idfc Securities ) are the merchant bankers of Laxmi Organic Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th December 2020.
Laxmi Organic Industries IPO open date is 15th March 2021 and close date is 17th March 2021. IPO Allotment Date is 22nd March 2021 and Listing date is 25th March 2021.
IPO
Size:
₹ 600.00 Cr.
Avg IPO Size (Sector Based)
: ₹
564.45 cr.
Sector: Chemical - Speciality
IPO so far:
16
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Raigad
IPO so far:
2
Revenue (annualised):
₹
1628.72
cr. 
PE
Ratio:
37.68x
Average Sector PE Ratio: 35.66x
Laxmi Organic Industries IPO size is ₹ 600.00 Cr. with IPO price of ₹ 130.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Laxmi Organic Industries IPO. Link Intime India Private Limited is the Registrar for Laxmi Organic Industries IPO.
Laxmi Organic Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Laxmi Organic Industries IPO, based in Raigad, operates in the Chemical - Speciality sector with a focus on manufacturers of speciality chemical. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Laxmi Organic Industries IPO size is ₹ 600.00 Cr. with fresh issue size of ₹ 300 and Offer for sale being ₹ 300.00 Cr.
The IPO allotment date for Laxmi Organic Industries IPO is expected to be 22nd March 2021, after the finalization of basis of allotment. Investors can check Laxmi Organic Industries IPO allotment status on the registrars website, Link Intime India Private Limited . Laxmi Organic Industries IPO refund dates are 23rd March 2021.
Laxmi Organic Industries IPO is expected to be listed on 25th March 2021.
The upper price band for the Laxmi Organic Industries IPO is set at ₹ 130.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Laxmi Organic Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Laxmi Organic Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th March 2021. After submission, funds are blocked until the basis of allotment of Laxmi Organic Industries IPO is finalised.
The merchant banker for Laxmi Organic Industries IPO is Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) . Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Laxmi Organic Industries IPO RHP for further details.
The registrar for Laxmi Organic Industries IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Laxmi Organic Industries IPO through their official website or helpline.
Laxmi Organic Industries IPO was subscribed 106.81 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 600.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 564.45 Cr.
Sector: Chemical - Speciality
IPO so far:
16
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Raigad
IPO so far:
2
Revenue (annualised):
₹ 1,626.80 cr.
PE
Ratio:
37.68x
Average Sector PE Ratio: 35.66x
Laxmi Organic Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Laxmi Organic Industries Financial Review Page
Merchant Banker(s) of Laxmi Organic Industries IPO: Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited)
Laxmi Organic Industries IPO subscription was 106.81 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Laxmi Organic Industries IPO listed at a listing price of 164.60 against the offer price of 130.00.
The current market price of Laxmi Organic Industries is 197.27.
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