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Laxmi Organic Industries Limited logo

Laxmi Organic Industries Limited IPO

Mainboard IPOListedLXCHEMNSE
Current Market Price (CMP)
₹150.46(+15.74%)
Current Price (CMP)
₹150.46(+15.74%)

Live Market Quote

Listing Price & Gain
₹155.50(+19.62%)

Day 1 Exchange Open

IPO Issue Price
₹130

Band: ₹129 - ₹130

Total Subscription
106.79x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
15 Mar 2021
IPO Bidding Closes
17 Mar 2021
Allotment & Refunds
Completed
Exchange Listing Day
25 Mar 2021

IPO Subscription Status

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

Overall Demand: 106.79x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)175.43x
Non-Institutional Investors (NII / HNI)217.62x
Retail Individual Investors (RII)20.06x
Total Subscription106.79x
Updated as on 17-Mar-2021 19:00:00

Listing Day & Return Performance

Listing Day Gain+19.62%
₹130 (Issue) → ₹155.50 (List)
Per share profit: +₹25.50
Holding Return (Till Date)+15.74%
₹130 (Issue) → ₹150.46 (CMP)
Net gain per share: +₹20.46
Post-Listing Performance (Listing Day → Today):-3.24%

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.

Frequently Asked Questions

What was the issue price or price band of Laxmi Organic Industries Limited IPO?
The issue price of Laxmi Organic Industries Limited IPO was fixed at ₹130 per equity share. The indicative bidding price band was ₹129 - ₹130.
What were the open, close, and listing dates for Laxmi Organic Industries Limited IPO?
Laxmi Organic Industries Limited IPO opened on 15 Mar 2021, closed on 17 Mar 2021, listed on 25 Mar 2021.
How much was Laxmi Organic Industries Limited IPO subscribed?
The IPO received an overall subscription of 106.79 times. Category-wise, QIBs subscribed 175.43x, NIIs subscribed 217.62x, and Retail investors subscribed 20.06x.
What was the listing price and listing gain of Laxmi Organic Industries Limited IPO?
Laxmi Organic Industries Limited IPO listed on the stock exchange at ₹155.50, delivering a listing gain of 19.62% compared to the IPO issue price of ₹130.
Is Laxmi Organic Industries Limited IPO a Mainboard or SME IPO?
Laxmi Organic Industries Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Laxmi Organic Industries Limited IPO since its IPO?
At the latest market quote of ₹150.46, Laxmi Organic Industries Limited IPO has generated an all-time return of +15.74% since its initial public offering.

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