Laxmi Organic Industries Limited IPO GMP


Laxmi Organic Industries Limited IPO

Incorporated in 1989, Laxmi Organic Industries Ltd is a specialty chemical manufacturer that operates in 2 business segments; Acetyl Intermediates (AI) and Specialty Intermediates (SI). It is the leading manufacturer of ethyl acetate with over 30% market share in the Indian ethyl acetate market and the only manufacturer of diketene derivatives in India.

Its AI segment includes ethyl acetate, acetaldehyde, fuel-grade ethanol, and other proprietary solvents whereas the SI segment includes ketene, diketene derivatives namely esters, acetic anhydride, arylides, amides, and other chemicals. Its products are being used in various industries like pharmaceuticals, agrochemicals, inks & coatings, dyes & pigments, paints, printing & packaging, etc. Alembic Pharmaceuticals Limited, Laurus Labs Limited, Granules India Limited, Hetero Labs Limited, Heubach Colour Private Limited, Hubergroup India Private Limited, Huhtamaki India Limited, Macleods Pharmaceuticals Private Limited, Suven Pharmaceuticals Limited, Colourtex Industries Private Limited, and UPL Limited are some of its customers.

The company has a global footprint with customers in 30 countries including but not restricted to China, Russia, Singapore, UAE, UK, USA, Netherland, etc. Currently, it has 2 manufacturing facilities in Mahad, Maharashtra for the manufacturing of AI and SI products. It is also proposing to set-up a new manufacturing facility at Lote Parshuram, Maharashtra to manufacture four specialty chemicals.



Below are Details of Grey Market Premium (GMP) and Kostak Rate of Laxmi Organic Industries Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
149665-70 RsNILL24 Mar 2021
149280-90 Rs400 Rs18 Mar 2021
148295-105 Rs400 Rs (SS:7000)16 Mar 2021
148190-100 Rs400 Rs (SS:7000)15 Mar 2021
147680-90 Rs400 Rs10 Mar 2021


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rajat Mar 23 2021 12:45:59 PM
Allotment out https://linkintime.co.in/MIPO/Ipoallotment.html

admin Mar 18 2021 8:16:19 AM
Total No.of Application Approx : ~ 2335498 Retail Subscription on the basis of Apps : 16.50 x

Deepak Mar 17 2021 3:51:21 PM
Should be a blockbuster IPO if markets support.

Punter Mar 17 2021 2:51:02 PM
18 Lots applied. Fingers crossed 🤞🤞

IPO King Mar 17 2021 2:49:44 PM
Go full force. Hansome Listing Gains expected.

Dilipbhai r vaghela Mar 17 2021 12:36:51 AM
Hi

admin Mar 16 2021 7:07:25 PM
Total No.of Application Approx : ~ 1181986 Retail Subscription on the basis of Apps : 8.35 x

Ravi Mar 16 2021 12:06:12 PM
IN Nazara is Like Lottery.Because for Retail its only 10%.

admin Mar 16 2021 4:38:30 AM
Latest GMP updated in IPO GMP Section.

admin Mar 16 2021 4:28:40 AM
Go For Anuapm , Laxmi and Nazara.. After that if you have fund can apply Craftsman , Kalyan and Suryoday Bank.

rajesh Mar 15 2021 9:33:45 PM
super company and market leader in it segment

Ashok Mar 14 2021 9:27:43 AM
Super company

Mitesh Mar 12 2021 12:18:44 PM
Company is dying