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 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 2.28x times on day 1.
What is Laxmi Organic IPO retail subscription status?
The retail subscription is 4.34x on 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.
