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Laurus Labs IPO Details

Issue Open Dec 6, 2016
Issue Close Dec 8, 2016
IPO Price ₹428
Face Value ₹10
IPO Size ₹1,331.80 Cr
Listing At BSE, NSE
IPO Lot Size 35
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Laurus Labs IPO Date & Price

The Laurus Labs IPO opens on Dec 6, 2016 and closes on Dec 8, 2016.

Laurus Labs IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Dec 6, 2016
  • Bid/Offer Closes On: Dec 8, 2016
  • Finalization of Basis of Allotment: Dec 14, 2016
  • Initiation of refunds: Dec 15, 2016
  • Credit of Equity Shares: Dec 16, 2016
  • Listing Date: Dec 19, 2016

Laurus Labs IPO price is set at ₹428 per equity share.

Laurus Labs IPO will close for subscription at 5 PM on Dec 8, 2016. But most brokers stop accepting application between 1 PM to 3 PM.

The Laurus Labs IPO starts on Dec 6, 2016. The issue ends on Dec 8, 2016.

Laurus Labs IPO Issue Size and Subscription Status

The Laurus Labs IPO size is 31116785 Equity Shares of ₹10 aggregating up to ₹1,331.80 Cr.

Laurus Labs Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Laurus Labs IPO shares through the banks (using ASBA) or through the broker (using UPI).

Laurus Labs IPO Offer Size

Qualified Institutional Buyers (QIB)6,174,544 Shares
Non-Institutional Investors (NII)4,623,879 Shares
Retail Individual Investor (RII)10,789,051 Shares
Employee Reservations323,834 Shares
Other Reservations0 Shares
Total Issue Size21,911,308 Shares

Laurus Labs IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)10.54 times times
Non-Institutional Investors (NII)3.57 times times
Retail Individual Investor (RII)1.58 times times
Employee Reservations1.71 times times
Other Reservations times
Total Issue Size4.53 times times

Click here to check the Laurus Labs IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Laurus Labs IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Laurus Labs IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Laurus Labs IPO Allotment and Listing

The Laurus Labs IPO allot status will be available online on Dec 14, 2016. Check the Laurus Labs IPO Allotment Status here.

Click here to check Laurus Labs IPO Allotment Status.

Laurus Labs IPO listing Date is Dec 19, 2016. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Laurus Labs IPO listing date and time is published by the exchange in a circular.

Click here to view the Laurus Labs IPO Basis of Allotment.

It is hard to say at what price Laurus Labs IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Laurus Labs IPO shares will list on Dec 19, 2016 at BSE, NSE.

Laurus Labs IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Laurus Labs IPO which could help you with questions like Laurus Labs IPO buy or not? You should also read Laurus Labs IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Laurus Labs IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Laurus Labs IPO performance. The performance reports are available 1 day after listing.