Laxmi Organic IPO Closed
A specialty chemicals company is going public.
| IPO date | 15 Mar 2021 – 17 Mar 2021 |
| Listing date | – |
| Price range | 129 – 130 |
| Minimum order quantity | 115 | (D)RHP | View |
Laxmi Organic Industries is one of the leading manufacturers of specialty chemicals which have applications in industries such as pharmaceuticals, agrochemicals, paints, printing & packaging, flavours & fragrances and adhesives amongst others. The company is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market, it is also the only manufacturer of diketene derivatives in India.
Check out the recent financials of the company below:
| Financial Year Ended | Revenue (₹ crores) | PAT (₹ crores) | EPS (₹) |
| March 2018 | 1,396.08 | 75.695 | 3.03 |
| March 2019 | 1,574.32 | 72.391 | 2.89 |
| March 2020 | 1,538.62 | 70.212 | 2.86 |
| Six months ended September 2020 | 814.36 | 45.484 | 2.02 |
You can visit this link on TradingQ&A to discuss the IPO with fellow investors.
How do I apply for the Laxmi Organic IPO on Zerodha?
You can apply for the Laxmi Organic IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.