Laxmi Organic IPO Subscription Numbers & Status | Should You Subscribe?

Laxmi Organic IPO to hit the market on 15 March and closes on 17 March 2021. The grey market is active and looking good. The GMP is showing good trend which reached at Rs. 100 and the all eye will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise 600 crore via IPO. Check out Laxmi Organic IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest Update: Laxmi Organic IPO subscribed 2.28x times, QIB 0.01x, NII  0.49x and RII 4.34x times on day 1.

    Laxmi Organic IPO Subscription status

    Laxmi Organic IPO Subscription Numbers
    (Day 1)

    Category Day 1 Day 2 Day 3
    QIB 0.01x x x
    NII 0.49x x x
    RII 4.34x x x
    EMP x x x
    OTH x x x
    Total 2.28x x x

    Laxmi Organic IPO Date & Price Band

    IPO Opening Date Mar 15, 2021
    IPO Closing Date Mar 17, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹2 per equity share
    IPO Price Rs.129 to Rs.130 per equity share
    Market Lot 115 Shares
    Min Order Quantity 115 Shares
    Listing At BSE, NSE
    Issue Size  Eq Shares of ₹2
    (aggregating up to ₹600.00 Cr)
    Fresh Issue  Eq Shares of ₹2
    (aggregating up to ₹300.00 Cr)
    Offer for Sale Eq Shares of ₹2
    (aggregating up to ₹300.00 Cr)

    Laxmi Organic IPO Market Lot

    Minimum Lot Size: Minimum 115 Shares
    Minimum Amount: ₹ 14,950
    Maximum Lot Size: Maximum 1495 Shares
    Maximum Amount: ₹ 1,94,350

    Laxmi Organic IPO Tentative Timetable

    The Laxmi Organic IPO open date is Mar 15, 2021, and the close date is Mar 17, 2021. The issue may list on Mar , 2021.
    IPO Open Date Mar 15, 2021
    IPO Close Date Mar 17, 2021
    Basis of Allotment Date Mar 22, 2021
    Initiation of Refunds Mar 23, 2021
    Credit of Shares to Demat Account Mar 24, 2021
    IPO Listing Date Mar 25, 2021

    Laxmi Organic IPO Subscription FAQs:

    When Laxmi Organic IPO Subscription will start?
    The IPO subscription starts on 15 March 2021 for QIB, NII, and Retail Investors.

    How much Laxmi Organic IPO subscribed?
    The IPO subscribed 2.28times on day 1.

    What is Laxmi Organic IPO retail subscription status?
    The retail subscription is 4.34on day 1.

    How to subscribe Laxmi Organic IPO?
    You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live Laxmi Organic IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.