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Laxmi Organic IPO is priced in the range of Rs 129-130 per share. Dealers of unlisted shares said the stock is trading at Rs 232-235 range in the grey market, meaning a premium of 81 per cent over the upper limit of the price band.
How can I check my Laxmi Organics IPO allotment status?
Steps to check Laxmi Organics IPO Share Allotment Status on Registrar website Linkintime :
- Visit the Linkintime website to check IPO Allotment status.
- Click on the drop-down and select Laxmi Organics – IPO.
- Now enter your PAN number, or Application number, or DP Client ID.
- Fill in the Captcha.
- Hit the submit button.
Is Laxmi Organics IPO a good investment?
The company is almost debt-free with a DE ratio of 0.14. So we consider Laxmi Organics a good bet for the Long term, however, we don`t recommend buying at current levels as the stock has rallied almost 52 per cent in 12 sessions. We suggested Buy on dips strategy on this counter for good long-term returns.
Which is best IPO to subscribe?
In late September 2021, Paras Defence and Space Technologies Limited IPO had emerged as the most subscribed IPO after it piped Salasar Techno. The analytics services provider public offering saw issue being subscribed 326.47 times.
Is Laxmi Organic IPO allotted?
The registrar of the IPO i.e. Karvy or Link Intime finalize the Laxmi Organic IPO basis of allotment status….Laxmi Organic IPO Details.
| Issue Open | Mar 15, 2021 |
|---|---|
| IPO Size | ₹600.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 115 |
Who is registrar of Laxmi Organic IPO?
Link Intime India Private Ltd
The issue is priced at ₹129 to ₹130 per equity share. The minimum order quantity is 115 Shares. The IPO opens on Mar 15, 2021, and closes on Mar 17, 2021. Link Intime India Private Ltd is the registrar for the IPO.
What is the target of Laxmi Organics?
If the price of Laxmi Organic is trading above 425.82 then possibility of upside targets getting achieved is higher….
| Target 1 | |
|---|---|
| Target 6 | 505.6 |
What happened to Laxmi Organic?
Laxmi Organic Industries was locked in a lower circuit of 5\% at Rs 434.40 after the company posted a 39.6\% fall in consolidated net profit to Rs 14.57 crore in Q2 FY22 from Rs 24.13 crore in Q2 FY21. Total expenses spiked 54\% to Rs 58.95 crore in Q2 FY22 from Rs 38.14 crore in Q2 FY21.
How do I find the best IPO?
A good starting point when evaluating the best IPO to buy is the red herring prospectus. All companies undergoing an IPO issue this. It contains most of the information you need to evaluate the company. The company’s website, annual report, and media reports are other sources you can refer.
How many times IPO subscribed to Laxmi?
Laxmi Organic IPO Subscription Status Live Laxmi Organic IPO subscribed 106.81 times. The public issue subscribed 20.10 times in the retail category, 175.43 times in QIB, and 217.62 times in the NII category by Mar 17, 2021.
How many times Subscribe Laxmi Organic IPO?
Laxmi Organics IPO subscribed 107 times.