
Laxmi Organic Industries Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹129 - ₹130
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Laxmi Organic Industries Limited IPO
Laxmi Organic Industries Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 15 Mar 2021 and concluded on 17 Mar 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹129 - ₹130.
During the bidding window, Laxmi Organic Industries Limited witnessed heavy demand with an overall subscription of 106.79 times. Institutional investors (QIB) subscribed 175.43x, non-institutional high-net-worth investors (NII) subscribed 217.62x, and retail individual investors (RII) bid 20.06x their reserved quota.
The equity shares of Laxmi Organic Industries Limited officially debuted on the stock exchanges on 25 Mar 2021 at an opening listing price of ₹155.50, delivering a listing day return of +19.62% (premium) over the final issue price. As per the latest market data, the stock trades at ₹150.46, representing an overall gain of +15.74% since its IPO allotment.