Laxmi Organic IPO Details

Issue Open Mar 15, 2021
Issue Close Mar 17, 2021
IPO Price ₹130
Face Value ₹2
IPO Size ₹600.00 Cr
Listing At BSE, NSE
IPO Lot Size 115
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Laxmi Organic IPO Schedule

  • Bid/Offer Opens On: Mar 15, 2021
  • Bid/Offer Closes On: Mar 17, 2021
  • Finalization of Basis of Allotment: Mar 22, 2021
  • Initiation of refunds: Mar 23, 2021
  • Credit of Equity Shares: Mar 24, 2021
  • Listing Date: Mar 25, 2021

Check Laxmi Organic IPO allotment status online by clicking the button below. If you have difficulties finding the Laxmi Organic Industries Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Laxmi Organic IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Laxmi Organic Industries Limited IPO, check the 'basis of allotment' document.

Laxmi Organic IPO Allotment FAQs

The Laxmi Organic IPO allotment status will be available on Mar 22, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Laxmi Organic IPO allotment status online:

  • Visit the Laxmi Organic IPO allotment status page.
  • Click on the green Laxmi Organic IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Laxmi Organic IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Laxmi Organic IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Laxmi Organic IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Laxmi Organic IPO allotment status is expected on Mar 22, 2021. Click the green button Laxmi Organic IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Laxmi Organic IPO oversubscribed in the retail category, the Laxmi Organic IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Laxmi Organic IPO shares will get listed on Thursday, March 25, 2021. The equity share of Laxmi Organic Industries Limited will list on BSE, NSE.

The reason you didn't get the Laxmi Organic IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Laxmi Organic IPO will open for bidding on Mar 15, 2021. The IPO application closes on Mar 17, 2021.