Laxmi Organics IPO Price

Have you already decided to invest in Laxmi Organics Industries IPO? If yes! Then you must know about its price as well. Here is complete information about Laxmi Organics Industries IPO Price.

As you all know, IPO Price is an official value decided by the investment bank during the IPO Process. It involves two main prices; Issue price, and Listing price. 

Before we go to the discussion of Laxmi Organics Industries IPO Price details, let’s know a little about the company. 

Laxmi Organics Industries Limited is a leading manufacturer of Acetyl Intermediaries (AI) and Specialty Intermediates (SI) and began its operations in 1989. 

It is located in Mahad, Maharashtra. It spreads over 30 countries including China, Netherlands, Russia, and the US. 

The company is now coming up with an IPO of size ₹600 with a face value of ₹2 to fulfill their multiple objectives and they are:

• To make repayment and prepayment of borrowings.
• To meet general corporate purposes.
• To purchase plants and machinery.
• To upgrade existing units.
• To invest in Yellowstone Fine Chemicals for financing working capital requirements.

The opening date of this IPO is 15 March 2021.

If you are willing to apply for Laxmi Organics Industries IPO process, then know the minimum and maximum investment with the price details below. 

Laxmi Organics IPO Issue Price 

IPO issue price is the price at which a company offers its shares to the investors for the first time in the share market whereas, the listing price is the value at which shares get listed in the stock exchange. 

Let’s get started with the Laxmi Organics Industries Price!!

Laxmi Organics Industries is going to launch its IPO of [●] Equity Shares of ₹2 aggregating up to ₹600 Cr with the fresh issue size of [●] Equity shares of approximately ₹300 Cr.

And, offer for sale size is [●] Equity Shares of ₹300 Cr.

If the investors will invest in this IPO, it could bring a lot of opportunities for them.

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Laxmi Organics IPO Price Band 

After the Issue price of Laxmi Organics Industries, let us know at which price range this company makes its per share available for subscription to the investors. 

Laxmi Organics Industries IPO Price Band is ₹129 – ₹130 per share.

And, the minimum number of shares available in one lot is 115. Besides, the maximum number of shares is 1,495.  

So here you would be able to make a minimum investment of ₹14,835 and a maximum investment of up to ₹192,855. 

Below is a table showing Laxmi Organics IPO Price:

 

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Laxmi Organics IPO Listing Price 

A listing price is a price at which shares get listed in the stock exchange. 

However, the Laxmi Organics Industries IPO Listing price is not declared yet. It will be declared on 25 March 2021. We will update it here later. 

Stay connected with us!!

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Laxmi Organics IPO In Grey Market

Next in the line comes the Laxmi Organics Industries GMP, GMP is a premium amount at which IPO shares are bought and sold in the Grey Market. These shares are not listed on the stock exchange. 

Laxmi Organics Industries GMP is ₹140.

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Should You Invest in Laxmi Organics IPO?

For investing in Laxmi Organics Industries IPO, keep yourself updated with Laxmi Organics Industries IPO Price. Besides, the listing price will be declared on 25 March 2021, which we will update soon here in this article.

Also, consider doing an in-depth analysis of Laxmi Organics Industries Limited’s assets, revenue, profit before tax, and expenses before investing in its IPO. 

Moreover, you can Laxmi Organics Industries IPO apply process, there are more allotment chances than other companies. 

Planning to invest in Laxmi Organics IPO, apply now by opening a demat account for free.

 

More on Upcoming IPO 2021