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Laxmi Organic Industries IPO
₹164.45
+26.50% on listing
Listing-day close · NSE · 25 Mar 2021 · issue price ₹130
Laxmi Organic Industries’ ₹600 crore IPO was priced at ₹130 a share. It listed on the NSE on 25 Mar 2021 and closed its first day at ₹164.45, up 26.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹600 Cr
- Fresh issue
- ₹300 Cr
- Offer for sale
- ₹300 Cr
- Lot size
- 115 shares
- Minimum investment
- ₹14,950
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 74.78× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹3,428 Cr
- Promoter holding
- 89.50% → 72.92%
From the offer documents.
Listing
- Listing date
- 25 Mar 2021
- Issue price
- ₹130
- Open
- ₹155.50
- High
- ₹174.60
- Low
- ₹143.25
- Close
- ₹164.45
Listing day on the NSE. The close was +26.50% on the issue price.
LXCHEM share price todayFAQs
When did the Laxmi Organic Industries IPO open and close?
It opened on 15 Mar 2021 and closed on 17 Mar 2021.
What was the Laxmi Organic Industries IPO price?
The price band was ₹129–130 a share. The final issue price was ₹130.
What is the lot size and minimum investment?
One lot is 115 shares, ₹14,950 at ₹130 a share. Retail investors apply in whole lots.
How much did Laxmi Organic Industries raise?
₹600 crore: ₹300 crore of new shares and ₹300 crore offered by existing shareholders.
How many times was the Laxmi Organic Industries IPO subscribed?
74.78 times overall.
How did Laxmi Organic Industries list?
It listed on the NSE on 25 Mar 2021 at ₹155.50 and closed the day at ₹164.45, up 26.50% on the ₹130 issue price.
Who is the registrar of the Laxmi Organic Industries IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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