Laxmi Organic IPO Subscription Details (Live Status)

Laxmi Organic IPO Details

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

Laxmi Organic IPO subscribed 106.81 times. The public issue subscribed 20.10 times in the retail category, 175.43 times in QIB, and 217.62 times in the NII category by Mar 17, 2021.

Investor CategorySubscription (times)
Qualified Institutions175.43
Non-Institutional Buyers217.62
Retail Investors20.10

Laxmi Organic IPO Subscription Details (times)

Day 1
Mar 15, 2021
Day 2
Mar 16, 2021
Day 3
Mar 17, 2021

Laxmi Organic IPO Shares Offered

Laxmi Organic IPO is a public issue of 32,558,138 equity shares. The issue offers 16,279,070 shares to retail investors, 9,302,324 shares to qualified institutional buyers, and 6,976,744 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Laxmi Organic IPO Subscription FAQs

The Laxmi Organic IPO is subscribed 106.81 by Mar 17, 2021.

Laxmi Organic IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional175.43
Non Institutional217.62
Retail Individual20.10
Employee Reservations[.]
Total Subscription106.81

Retail category of Laxmi Organic IPO subscribed 20.10 times as of date Mar 17, 2021. The public issue closes on Mar 17, 2021 for bidding.

An investor can apply in Laxmi Organic IPO online via bank (using ASBA) or the broker (using UPI). The Laxmi Organic IPO shares are offered online only.

The Laxmi Organic IPO is subscribed 106.81 by Mar 17, 2021.

The Laxmi Organic IPO allotment status is expected on or around Mar 22, 2021. Visit Laxmi Organic IPO allotment status to check.

The Laxmi Organic IPO listing date is Thursday, March 25, 2021. The equity share of Laxmi Organic Industries Limited will list on BSE, NSE.

Visit Laxmi Organic IPO subscription status page for real-time bidding information about Laxmi Organic IPO.

Laxmi Organic IPO Timetable

IPO Opens OnMar 15, 2021
IPO Closes OnMar 17, 2021
Finalisation of Basis of AllotmentMar 22, 2021
Initiation of RefundsMar 23, 2021
Credit of Shares to Demat AccountMar 24, 2021
IPO Listing DateMar 25, 2021


2. Adv Sarin     Link|Mar 17, 2021 1:45:00 PM
It appears the clash of many issues in the IPO market has affected the oversubscription ratio of these 4-5 IPO opened during this week. Let's hope everyone will get a good allotment. Although GMP may not withstand the pressure.
1. Adv Sarin     Link|Mar 15, 2021 11:18:36 AM
This IPO appears the best among all coming this week. Far better than other chemical IPO on market. There may not be very high Listing gains but in the long run company will remain safe and performing. Once they diversified in the Fluorine segment naturally profits and ratings will increase.
1.1. Adv Sarin     Link|Mar 15, 2021 1:15:22 PM
Just in two hours issue got subscribed fully.
Date      QIB      NII      Retail      Total
Mar 15, 2021 00:09

0.00x 0.11x 1.54x 0.79x

Greate performance.