MainboardClosed

Laxmi Organic Industries Limited IPO Subscription Status

📅Offer Date: 15 Mar 2021 – 17 Mar 2021

Minimum investment
₹14,950115 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total106.74x
QIB175.43x
NII217.62x
Retail19.96x

Laxmi Organic Industries Limited IPO was subscribed 106.74x in total when bidding closed on 17 Mar 2021, with 175.43x in the QIB category, 217.62x in NII, 19.96x in retail. The issue ran from 15 Mar 2021 to 17 Mar 2021 at a price band of ₹129.00–₹130.00 per share.

QIB175.43xNII217.62xRetail19.96xTotal106.74x1×

Times subscribed by category against the 1× line.

20
≈ 1 in 20 retail allotment
low allotment chance

Based on retail subscription (19.96x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs93,02,3241,63,19,06,699175.43x
NIIs69,76,7441,51,82,79,029217.62x
Retail1,62,79,07032,49,30,23719.96x
Total3,25,58,1383,47,52,55,650106.74x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs120.9321214.79175.43x
NIIs90.7019737.63217.62x
Retail211.634224.0919.96x
Total423.2645176.51106.74x

Values derived from share count × issue price (₹130.00)

What this means for allotment & listing

Because Laxmi Organic Industries Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Laxmi Organic Industries Limited IPO subscription FAQs