Laxmi Organic Industries Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹129-₹130
- Lot size
- 115 shares
- Issue amount
- ₹600 cr
- Total subscription
- 0×
- Opens
- 15 Mar 2021
- Closes
- 17 Mar 2021
- Allotment
- 22 Mar 2021
- Listing
- 25 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 4,61,53,846 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,835
- Fresh issue
- ₹300 cr
- Offer for sale
- ₹300 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,950
- Issue type
- Book Built Issue IPO
- Shares before issue
- 24,05,85,850
- Shares after issue
- 26,36,62,773
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 115 | ₹14,950 |
| sHNI | 14 | 1,610 | ₹2,09,300 |
| bHNI | 67 | 7,705 | ₹10,01,650 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1989, Laxmi Organic Industries Ltd is a leading specialty chemical manufacturer operating in Acetyl Intermediates and Specialty Intermediates, with a dominant position in ethyl acetate holding over 30% market share in India and being the only producer of diketene derivatives in the country; its product portfolio includes ethyl acetate, acetaldehyde, fuel-grade ethanol, ketene, and various diketene-based chemicals used across pharmaceuticals, agrochemicals, paints, inks, dyes, printing, and packaging industries, serving marquee customers such as Alembic Pharma, Laurus Labs, Granules India, Hetero Labs, UPL, and others, with a global presence across 30 countries including the USA, UK, China, and UAE, and manufacturing operations at two plants in Mahad, Maharashtra along with a proposed new facility at Lote Parshuram.
Strengths
- Leading Ethyl Acetate Producer: One of India’s top manufacturers of ethyl acetate.
- Largest Diketene Derivatives Maker: Market leader in diketene-based products.
- Diversified Customers: Serves multiple industries with a broad client base.
- Strategic Manufacturing: Facilities located for efficient operations and logistics.
- Consistent Financials: Proven track record of steady financial performance.
Promoters
Yellow Stone Trust
Ravi Goenka
Registrar & documents
Lead manager
Axis Capital Limited, Dam Capital Advisors Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-22/2/3, MIDC, Mahad, Raigad– 402 309
+91-2145-232424
[email protected]Company website ↗Understanding LXCHEM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.