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Initial public offering of up to [*] equity shares of face value of Rs. 2 each (equity shares) of Laxmi Organic Industries Limited (The Company or The Issuer) for cash at a price of Rs. [*] per equity share (Including a premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 600.00 crore (offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 300.00 crores (Fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 300.00 crores by Yellow Stone Trust (promoter selling shareholder), (The offer for sale, and together with the fresh issue, the offer). The offer will constitute [*]% of the post-offer paid-up equity share capital. Price Band : Rs. 129 to 130 per Equity Share of face value of Rs. 2 each. The Floor Price is 64.50 times the face value of the Equity Shares and the Cap Price is 65.00 times the face value of the Equity Shares.
Company
Laxmi Organic Industries Ltd
Issue Type
(Book Built Portion)
Issue Size (In ` Crore)
600.00 - 604.65
Lot Size
115
Open Date
15 Mar 2021
Close Date
17 Mar 2021
Offer Price
₹129 to ₹130 per equity share
DRHP
Click here
Laxmi Organic Industries Ltd is a specialty chemicals manufacturer that operates in 2 business segment Acetyl Intermediates (AI) and Specialty Intermediates (SI) is coming up with its Initial Public Offering on Monday, March 15 with the public issue comprising a issue size of up to ₹600.00 crore.
You can apply for the Laxmi Organic Industries IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.
Laxmi Organic Industries IPO will open on March 15, 2021.
The Issue Size of Laxmi Organic Industries IPO is is of face value ₹10 aggregating ₹600.00 Cr.
Laxmi Organic Industries IPO Lot size is 115 equity shares, that means you can apply for one lot consisting 115 equity shares.
Shares of Laxmi Organic Industries will be getting allotted on 22th March, 2021.
Laxmi Organic Industries Shares will be getting listed on 25th March, 2021.
Here is the minimum investment calculation of Laxmi Organic Industries IPO Lot size – 115 * Issue Price ₹130 = ₹14,950 Hence the minimum investment amount required to invest in Laxmi Organic Industries IPO is 14,950 As per the maximum limit that is allowed by SEBI you can apply for 13 lots.
No, one bank account one IPO application is allowed.
Cut off Price for Laxmi Organic Industries IPO is 14,950
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