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Laxmi Organic IPO

Open 15th Mar 2021 · Close 17th Mar 2021 · Listing 25th Mar 2021

Verified 2026-08-2383% data coverage
Issue Price₹130.00
Listing Price₹155.50
Current Price
Listing Gain19.62%
Current Return

At a glance

Updated 2026-08-23

The shares listed at ₹155.50, a 19.62% move from the issue price. Laxmi Organic is a Mainboard IPO with an issue size of ₹600.00 crore, proposed for listing on BSE, NSE. The offer opens on 15th Mar 2021 and closes on 17th Mar 2021. The issue structure includes a fresh issue of ₹300.00 crore and an offer-for-sale component of ₹300.00 crore. The current listing schedule points to 25th Mar 2021.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹600.00 Cr
Fresh issue₹300.00 Cr
Offer for sale₹300.00 Cr
Face value₹2
Price band₹129.00–₹130.00
Allotment22nd Mar 2021
Listing25th Mar 2021

Listing performance

Full performance ↗
Issue price₹130.00
Listing price₹155.50
Current price
Listing gain19.62%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹40.00
GMP / upper price30.77%
Est. listing₹170.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens15th Mar 2021
Closes17th Mar 2021
Allotment22nd Mar 2021
Refund23rd Mar 2021
Demat24th Mar 2021
Listing25th Mar 2021

Subscription demand

Full bidding ↗
Total106.81×

Lot size

InvestorLotsSharesAmount
Minimum Bid1115₹14,950

Company

Incorporated1989

Use of proceeds

ObjectAmount
Investment in YFCPL for part-financing itscapital expenditure requirements in relation to the setting up of the Proposed Facility₹60.40 Cr
Investment in YFCPL for funding its working capital requirements of YFCPL₹37.74 Cr
Funding capital expenditure requirements for expansion of our SI Manufacturing Facility₹91.06 Cr
Funding working capital requirements of our Company₹35.18 Cr
Purchase of plant and machinery for augmenting infrastructure development at our SI Manufacturing Facility₹12.57 Cr
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company and VLPL₹179.31 Cr
General corporate purposes₹63.73 Cr

31 Mar 2018

Assets894.73
Total Income1,396.08
EBITDA154.41
Profit After Tax75.70
NET Worth378.37
Reserves and Surplus369.31
Total Borrowing215.06

31 Mar 2019

Assets1,014.49
Total Income1,574.32
EBITDA158.62
Profit After Tax72.39
NET Worth448.89
Reserves and Surplus399.80
Total Borrowing175.33

31 Mar 2020

Assets1,070.63
Total Income1,538.62
EBITDA143.71
Profit After Tax70.21
NET Worth425.96
Reserves and Surplus381.90
Total Borrowing158.84

30 Sep 2020

Assets1,037.13
Total Income814.36
EBITDA86.34
Profit After Tax45.48
NET Worth471.45
Reserves and Surplus427.39
Total Borrowing192.18
Trend chart₹ crore

KPIs

KPIIssue ExpensesEst Amt (₹ Cr.)
1BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission)14.16
2Selling commission payable to SCSBs for Bids directlyprocured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by RIIs using the UPI Mechanism) procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Bank for Bids made by RIIs1.08
3Selling commission and uploading charges payable to members of the Syndicate (including their sub-Syndicate Members), CRTAs, CDPs and Registered Brokers3.75
4Processing fees payable to the Sponsor Bank0.8
5Fees payable to the Registrar to the Offer0.3
6Listing fees, SEBI filing fees, upload fees, Stock Exchanges processing fees, book building software fees and other regulatory expenses4.26
7Printing and stationery expenses2.54
8Advertising and marketing expenses2.18
9Fees payable to legal counsels1.57
10Fees payable to the Monitoring Agency0.01
11Miscellaneous1.42

Issue expenses

ExpenseAmount
BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission)₹14.16 Cr
Selling commission payable to SCSBs for Bids directlyprocured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by RIIs using the UPI Mechanism) procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Bank for Bids made by RIIs₹1.08 Cr
Selling commission and uploading charges payable to members of the Syndicate (including their sub-Syndicate Members), CRTAs, CDPs and Registered Brokers₹3.75 Cr
Processing fees payable to the Sponsor Bank₹0.80 Cr
Fees payable to the Registrar to the Offer₹0.30 Cr
Listing fees, SEBI filing fees, upload fees, Stock Exchanges processing fees, book building software fees and other regulatory expenses₹4.26 Cr
Printing and stationery expenses₹2.54 Cr
Advertising and marketing expenses₹2.18 Cr
Fees payable to legal counsels₹1.57 Cr
Fees payable to the Monitoring Agency₹0.01 Cr
Miscellaneous₹1.42 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • Dam Capital Advisors Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.