208615 IPO - Listing Date, Allotment Status & Analysis | StampedeTo get details on 208615 IPO including listing date, allotment status, analysis and recommendations | Stampede208615, IPO
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Laxmi Organic Industries Ltd.
Issue Open Date 15-Mar-21  
Issue Closing Date 17-Mar-21  
Application Money 100  
Allotment Money  
Price Band () 129 - 130  
Minimum Bid Quantity. 115  
Issue Size (Shares) 32558138  
Market Lot 1  
Objective

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.

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, namely the Acetyl Intermediates and the Specialty Intermediates. The Acetyl Intermediates include ethyl acetate, acetaldehyde, fuel-grade e...

Promoter's Holding
Total Share Capital   215339729  
Offered to Public   46153846  
Promoter's Holding (Pre-Issue)   89.51  
Promoter's Holding (Post-Issue)   72.92  
Address
Address :A-22/2/3
M I D C
Mahad
City :Raigad, State :Maharashtra Pincode :402309 Phone :022-49104444 /+91 2145-232424 Email : aniket.hirpara@laxmi.com/info@laxmi.com/investors@laxmi.com Website : www.laxmi.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
Promoters
Ravi Goenka
Yellow Stone Trust
Stampede Capital Ltd.

KURA Towers, 10th Floor, D. No.1-11-254 and 1-11-255, S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170.   Tel: +91-40-69086900/84. Email: cs@stampedecap.com

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SEBI Registration Nos:

National Stock Exchange of India Ltd. (NSE) SEBI Regd. No.: INZ000247038, Bombay Stock Exchange Ltd. (BSE)SEBI Regd. No.:INZ000247038, Metropolitan Stock Exchange of India Ltd. (MSEI)SEBI Regd. No.:INZ000247038, Indian Commodity Exchange Ltd. (ICEX)SEBI Regd. No.: INZ000247038

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