IPO Price History
Closed
LC

Laxmi Cotspin Limited IPO

SME IPOListedLAXMICOTNSE
Current Market Price (CMP)
₹12.04(-47.65%)
Current Price (CMP)
₹12.04(-47.65%)

Live Market Quote

Listing Price & Gain
₹27.30(+18.70%)

Day 1 Exchange Open

IPO Issue Price
₹23

Band: ₹20

Total Subscription
5.99x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
17 Mar 2017
IPO Bidding Closes
22 Mar 2017
Allotment & Refunds
Completed
Exchange Listing Day
12 Nov 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 5.99x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription5.99x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+18.70%
₹23 (Issue) → ₹27.30 (List)
Per share profit: +₹4.30
Holding Return (Till Date)-47.65%
₹23 (Issue) → ₹12.04 (CMP)
Net gain per share: ₹-10.96
Post-Listing Performance (Listing Day → Today):-55.90%

About Laxmi Cotspin Limited IPO

Laxmi Cotspin Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 17 Mar 2017 and concluded on 22 Mar 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹20.

During the bidding window, Laxmi Cotspin Limited recorded an overall subscription of 5.99 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Laxmi Cotspin Limited officially debuted on the stock exchanges on 12 Nov 2021 at an opening listing price of ₹27.30, delivering a listing day return of +18.70% (premium) over the final issue price. As per the latest market data, the stock trades at ₹12.04, representing an overall decline of -47.65% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Laxmi Cotspin Limited IPO?
The issue price of Laxmi Cotspin Limited IPO was fixed at ₹23 per equity share. The indicative bidding price band was ₹20.
What were the open, close, and listing dates for Laxmi Cotspin Limited IPO?
Laxmi Cotspin Limited IPO opened on 17 Mar 2017, closed on 22 Mar 2017, listed on 12 Nov 2021.
How much was Laxmi Cotspin Limited IPO subscribed?
The IPO received an overall subscription of 5.99 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Laxmi Cotspin Limited IPO?
Laxmi Cotspin Limited IPO listed on the stock exchange at ₹27.30, delivering a listing gain of 18.70% compared to the IPO issue price of ₹23.
Is Laxmi Cotspin Limited IPO a Mainboard or SME IPO?
Laxmi Cotspin Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Laxmi Cotspin Limited IPO since its IPO?
At the latest market quote of ₹12.04, Laxmi Cotspin Limited IPO has generated an all-time return of -47.65% since its initial public offering.

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