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Issue Open Date
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15-Mar-21
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Issue Closing Date
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17-Mar-21
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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129
-
130
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Minimum Bid Quantity.
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115
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Issue Size (Shares)
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32558138
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Market Lot
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1
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Objective :
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Investment in subsidiary firm, Yellowstone Fine Chemicals Private Limited (YFCPL) to partly finance the capex to establish a new manufacturing facility.To invest in YFCPL for financing working capital requirements.To finance the capex for expansion of SI manufacturing facility.To finance business working capital requirements.To purchase plant and machinery for infrastructure development at SI facility.To make prepayment or repayment of borrowings availed by the company and subsidiary, Viva Lifesciences Pvt Ltd (VLPL).To meet general corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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6976744
|
1518292445
|
217.62
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Qualified Institutional Buyers
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9302324
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1631902900
|
175.43
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Retail Individual Investors
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9302324
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1631902900
|
175.43
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Business Description
Laxmi Organic Industries is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates with almost three decades of experience in large scale manufacturing of chemicals. The company’s products are currently divided into two broad categories, na
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Promoter's Holding
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Total Share Capital
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215339729
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Offered to Public
|
46153846
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Promoter's Holding (Pre-Issue)
|
89.51
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Promoter's Holding (Post-Issue)
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72.92
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More.. |
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Address |
A-22/2/3
M I D C
Mahad
Raigad
,
Maharashtra
,
402309
Phone :
02145-232759 / 232424
Email :
info@laxmi.com / investors@laxmi.com
Website :
www.laxmi.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
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Promoters |
Ravi Goenka
Yellow Stone Trust
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