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March 15, 2021 - March 17, 2021

Laxmi Organic IPO FAQ

Laxmi Organic IPO Date & Price

The Laxmi Organic IPO opens on March 15, 2021 and closes on March 17, 2021.

Laxmi Organic IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 15, 2021
  • Bid/Offer Closes On: March 17, 2021
  • Finalization of Basis of Allotment: March 22, 2021
  • Initiation of refunds: March 23, 2021
  • Credit of Equity Shares: March 24, 2021
  • Listing Date: March 25, 2021

Laxmi Organic IPO price is set at ₹130 per equity share.

Laxmi Organic IPO will close for subscription at 5 PM on March 17, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Laxmi Organic IPO starts on March 15, 2021. The issue ends on March 17, 2021.

Laxmi Organic IPO Issue Size and Subscription Status

The Laxmi Organic IPO size is Equity Shares of ₹2 aggregating up to ₹600.00 Cr.

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

Laxmi Organic IPO Offer Size

Qualified Institutional Buyers (QIB)9,302,324 Shares
Non-Institutional Investors (NII)6,976,744 Shares
Retail Individual Investor (RII)16,279,070 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size32,558,138 Shares

Laxmi Organic IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)175.43 times times
Non-Institutional Investors (NII)217.62 times times
Retail Individual Investor (RII)20.10 times times
Employee Reservations times
Other Reservations times
Total Issue Size106.81 times times

Click here to check the Laxmi Organic 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 Laxmi Organic 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 Laxmi Organic 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.

Laxmi Organic IPO Allotment and Listing

The Laxmi Organic IPO allot status will be available online on March 22, 2021. Check the Laxmi Organic IPO Allotment Status here.

Click here to check Laxmi Organic IPO Allotment Status.

Laxmi Organic IPO listing Date is March 25, 2021. 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 Laxmi Organic IPO listing date and time is published by the exchange in a circular.

Click here to view the Laxmi Organic IPO Basis of Allotment.

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

The Laxmi Organic IPO shares will list on March 25, 2021 at BSE, NSE.

Laxmi Organic 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 Laxmi Organic IPO which could help you with questions like Laxmi Organic IPO buy or not? You should also read Laxmi Organic 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.

Laxmi Organic 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 Laxmi Organic IPO performance. The performance reports are available 1 day after listing.