Laxmi Organic IPO Subscription Status

Laxmi Organic IPO Subscription to start from 15 March 2021 to 17 March 2021. The Initial Public offer of Equity Shares aggregating up to Rs. 6,000.00 million comprising a fresh issue of up to Rs.3,000.00 million and an offer for sale of up to Rs. 3,000 million (including anchor portion of 13,846,153 Equity Shares). Price range for the offer has been fixed at Rs 129 -130 per share.

Laxmi Organic IPO Subscription Status

Laxmi Organic IPO Subscription Status on Day 1

Laxmi Organic IPO subscribed 2.28x times on day 1.

Laxmi Organic IPO Subscription Status on Day 2

Laxmi Organic IPO subscribed 6.05x times on day 2. The portion reserved for qualified institutional buyers (QIBs) was subscribed 1.15 times, non institutional investors 2.48 times, and retail individual investors (RIIs) 10.38 times, according to NSE Data.

Laxmi Organic IPO Subscription Status on Day 3

Laxmi Organic IPO subscribed 58.13 times on day 3. The portion reserved for qualified institutional buyers (QIBs) was subscribed 101.28 times, non institutional investors 116.55 times, and retail individual investors (RIIs) 8.46 times, according to NSE Data.

About Laxmi Organic

Laxmi Organic Industries Limited is the leading manufacturer of Acetyl Intermediates and Specialty Intermediates with almost three decades of experience in large scale manufacturing of chemicals. Initially started manufacturing acetaldehyde and acetic acid in 1992, and soon thereafter moved on to manufacturing of ethyl acetate in 1996.

Laxmi Organic Industries Limited is the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market

Laxmi Organic IPO FAQs