Laxmi Organic Industries Limited IPO
Laxmi Organic Industries Limited IPO is listed on BSE and NSE, priced at ₹129–₹130 per share. The stock debuted at ₹155.5, delivering a listing gain of 19.6%. The IPO had a lot size of ₹115 shares and a minimum investment of ₹14,950.
Laxmi Organic Industries Limited IPO
- IPO Dates
- Mar 15, 2021 – Mar 17, 2021
- Price band
- ₹129-130 per equity share
- Minimum Investment
- ₹14,950
- Issue size
- N/A Eq Shares of ₹2 (aggregating up to ₹600.00 Cr)
- Lot size
- 115
- Allotment Date
- Mar 22, 2021
- Listing
- Mar 25, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Mar 15, 2021
Open Date
Completed
-
Mar 17, 2021
Close Date
Completed
-
Mar 22, 2021
Allotment Date
Completed
-
Mar 25, 2021
Listing Date
Completed
Price Summary
- Last closing
- 157.00 (20.77%)
- 52 week high
- 241.00
- 52 week low
- 107.60
- Last update
Laxmi Organic Industries Limited IPO Essentials
Laxmi Organic Industries Limited IPO Details
Laxmi Organic Industries Limited IPO is priced at ₹₹129-130 per share with a total issue size of N/A Eq Shares of ₹2 (aggregating up to ₹600.00 Cr). The IPO has a lot size of 115 shares and is listed on BSE and NSE.
- Issue price
- ₹129-130 per equity share
- Lot size
- 115 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- N/A Eq Shares of ₹2 (aggregating up to ₹600.00 Cr)
- Listing at
- BSE, NSE
- List price
- 155.50 (NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Axis Capital Limited, DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
Laxmi Organic Industries Limited IPO Analytics
Laxmi Organic Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Laxmi Organic Industries Limited IPO Subscription Status
Laxmi Organic Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 93,02,324 |
69,76,744
|
1,62,79,070 | 3,25,58,138 |
|
Day 1
15-03-21 05:00 PM
|
0.01 x |
0.50x
|
4.34 x | 2.27 x |
|
Day 2
16-03-21 05:00 PM
|
1.14 x |
2.48x
|
10.39 x | 6.05 x |
|
Day 3
17-03-21 05:00 PM
|
175.43 x |
217.62x
|
19.96 x | 106.74 x |
Laxmi Organic Industries Limited Valuations
Earnings
- EPS (Post IPO)
- ₹2.64/-
- P/E Ratio
- 48.19
Returns
- RoNW
- 16.45%
Laxmi Organic Industries Limited Financials( In Crs.)
| 31-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 1,037.13 | 1,070.63 | 1,014.48 | 894.73 |
| Revenue | 814.35 | 1,538.62 | 1,574.32 | 1,396.07 |
| Profit After Tax | 45.48 | 70.21 | 72.39 | 75.69 |
Laxmi Organic Industries Limited Company & Offer Insights
About Laxmi Organic Industries Limited
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 ethyl acetate with over 30% market share in the Indian ethyl acetate market and the only manufacturer of diketene derivatives in India.
Its AI segment includes ethyl acetate, acetaldehyde, fuel-grade ethanol and other proprietary solvents whereas SI segment includes ketene, diketene derivatives namely esters, acetic anhydride, arylides, amides, and other chemicals. Its products are being used in various industries like pharmaceuticals, agrochemicals, inks & coatings, dyes & pigments, paints, printing & packaging, etc. Alembic Pharmaceuticals Limited, Laurus Labs Limited, Granules India Limited, Hetero Labs Limited, Heubach Colour Private Limited, Hubergroup India Private Limited, Huhtamaki India Limited, Macleods Pharmaceuticals Private Limited, Suven Pharmaceuticals Limited, Colourtex Industries Private Limited, and UPL Limited are some of its customers.
The company has global footprint with customers in 30 countries including but not restricted to China, Russia, Singapore, UAE, UK, USA, Netherland, etc. Currently, it has 2 manufacuring facilities in Mahad, Maharashtra for manufacturing of AI and SI products. It is also proposing to set-up a new manufacturing facility at Lote Parshuram, Maharashtra to manufacture flurospecialty chemicals.
Laxmi Organic Industries Limited Promoter(s)
Yellow Stone Trust, Ravi Goenka are the company's promoters of Laxmi Organic Industries Limited.
Laxmi Organic Industries Limited IPO Issue Objectives
- •
- Investment in subsidiary firm, Yellowstone Fine Chemicals Private Limited (YFCPL) to partly finance the capex to establish a new manufacturing facility.
- •
- To invest in YFCPL for financing working capital requirements.
- •
- To finance the capex for expansion of SI manufacturing facility.
- •
- To finance business working capital requirements.
- •
- To purchase plant and machinery for infrastructure development at SI facility.
- •
- To make prepayment or repayment of company and its subsidiary, Viva Lifesciences Pvt Ltd (VLPL).
- •
- To meet general corporate purposes.
Laxmi Organic Industries Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Laxmi Organics Industries Limited | 6.19 | 49.19 | 16.45% | 1,538.62 |
| Aarti Industries Limited | 7.01 | 45.08 | 15.55% | 4,620.69 |
| Atul Limited | 5.73 | 32.80 | 17.47% | 4,093.06 |
| Fine Organics Industries Limited | 10.78 | 61.36 | 17.57% | 1,038.08 |
| Navin Flourine International Limited | 9.11 | 30.50 | 29.89% | 1,061.55 |
| Rossari Biotech Limited | 14.53 | N/A | 15.97% | 600.09 |
| SRF Limited | 6.59 | 42.29 | 15.58% | 7,209.41 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Laxmi Organic Industries Limited IPO is a book-built IPO worth ₹N/A Eq Shares of ₹2 (aggregating up to ₹600.00 Cr). The price band is ₹129–₹130 per share. The IPO opens on Mar 15, 2021 and closes on Mar 17, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Laxmi Organic Industries Limited IPO is ₹129 to ₹130 per share.
The lot size of Laxmi Organic Industries Limited IPO is 115 shares.
The minimum investment for Laxmi Organic Industries Limited IPO is approximately ₹14,950 based on the upper price band .
Laxmi Organic Industries Limited IPO opens on Mar 15, 2021 and closes on Mar 17, 2021.
The allotment date of Laxmi Organic Industries Limited IPO is Mar 22, 2021.
Laxmi Organic Industries Limited IPO is expected to be listed on Mar 25, 2021, on BSE and NSE .
Laxmi Organic Industries Limited IPO listed on Mar 25, 2021. It was issued at ₹155.50 (NSE) and is currently around ₹157.00 as on 14-May-2026 3:30 PM, which is approximately 20.8% versus issue price. The 52-week high is ₹241.00.
Based on listing and post-listing performance, Laxmi Organic Industries Limited IPO delivered around 20.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Laxmi Organic Industries Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Laxmi Organic Industries Limited IPO valuation snapshot: P/E 48.19, EPS ₹2.64/-, P/B N/A, RoNW 16.45%, and market cap N/A.
To apply for Laxmi Organic Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Laxmi Organic Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Laxmi Organic Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Laxmi Organic Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Laxmi Organic Industries Limited IPO allotment status on IPO Ji for quick and easy access.