Laxmi Organic Industries Limited

Laxmi Organic Industries Limited IPO

BSE, NSEClosed
Mar 15, 2021Open Date
Mar 17, 2021Close Date
TBAAllotment Date
Mar 25, 2021Listing Date

Subscription Details

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Retail19.96x
QIB175.43x
NIIs (Non-Institutional Investors)Main Category
217.62x

Overall Subscription

Total Bids Received

106.74x

Updated: 10 Jul, 06:09 pm

Laxmi Organic Industries Limited IPO Issue Details

Issue Price₹129-130 Per Equity Share
Face Value₹2 Per Equity Share
Listing AtBSE, NSE
Listing DateMar 25, 2021

Company Information

Laxmi Organic Industries Ltd is a speciality chemical manufacturer that operates in 2 business segments; Acetyl Intermediates (AI) and Speciality Intermediates (SI). It is the leading manufacturer of ...

Valuations

RoNW

16.45%

Financial Information (₹ in Crores)

MetricFY 20FY 20FY 19FY 18
Total Assets1037.131070.631014.48894.73
Total Revenue814.351538.621574.321396.07
Profit After Tax45.4870.2172.3975.69
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Investment in subsidiary firm, Yellowstone Fine Chemicals Private Limited (YFCPL) to partly finance the capex to establish a new manufacturing facility.
  2. 2To invest in YFCPL for financing working capital requirements.
  3. 3To finance the capex for expansion of SI manufacturing facility.
  4. 4To finance business working capital requirements.
  5. 5To purchase plant and machinery for infrastructure development at SI facility.
  6. 6To make prepayment or repayment of company and its subsidiary, Viva Lifesciences Pvt Ltd (VLPL).
  7. 7To meet general corporate purposes.

Laxmi Organic Industries Limited – Promoter(s)

Yellow Stone Trust
Ravi Goenka

Contact Details

Laxmi Organic Industries Limited IPO Documents

Frequently Asked Questions — Laxmi Organic Industries Limited IPO

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