Laxmi Organic Industries Limited
15 Mar 2021 – 17 Mar 2021
LISTED
Offer Price
₹129–130
Bid lot
115
Min Application
₹14,950
Issue Size
₹900 Cr
Key dates
Open date
15 Mar 2021
Done
Close date
17 Mar 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
25 Mar 2021
Today
Issue reservation
₹900 CrQIB 50%Retail 35%
QIB
3.46 Cr sh · ₹450.00 Cr
Retail
2.42 Cr sh · ₹315.00 Cr
BRLM: DAM Capital Advisors Limited (formerly known as IDFC Securities Limited) and Axis Capital Limited
Lot ladder — how much to bid
1 lot = 115 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
115 sh · ₹14,950
Max · 13 lots
1,495 sh · ₹1,94,350
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
1,610 sh · ₹2,09,300
Max · 66 lots
7,590 sh · ₹9,86,700
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
7,705 sh · ₹10,01,650
Entry point
₹10,01,650 onward
Issue details
Lead managersDAM Capital Advisors Limited (formerly known as IDFC Securities Limited) and Axis Capital Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
111.45×
0×1×2×3×+
Oversubscribed
Book₹765.00 Cr
Subscribed₹85,262 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 3,46,15,385₹450.00 Cr | 6,07,25,76,903₹78,943 Cr | 175.43× |
| HNI | 1,03,84,615₹135.00 Cr | 2,25,98,99,992₹29,379 Cr | 217.62× |
| Retail | 2,42,30,769₹315.00 Cr | 48,60,69,229₹6,319 Cr | 20.06× |
| Total | 5,88,46,154₹765.00 Cr | 6,55,86,46,132₹85,262 Cr | 111.45× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 78,943.50 |
| HNI | 29,378.70 |
| Retail | 6,318.90 |
| Total | 85,262.40 |
Amounts at the upper band (₹130). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Laxmi Organic Industries Limited IPO?
One lot of 115 shares — ₹14,950 at the upper price band of ₹130.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-03-25 on NSE.