Laxmi Organic IPO Allotment Status: Here’s how to Check

Detailed Process with instructions to check your IPO allotment status
Laxmi Organic IPO Allotment

Laxmi Organic IPO Allotment

Laxmi Organic Industries IPO received a stellar response from the market across all categories – QIB, NII and RII. Laxmi Organic Industries Limited raised a total of ₹600 crores from this issue, which consisted of a fresh issue of 300 crore and an offer for sale of 300 crore by the promoter and selling shareholder. The issue was subscribed 106.81 times overall.

LinkInTime, the registrar of the issue, is expected to finalize Laxmi Organic IPO Allotment on 22/03/2021. To check your Laxmi Organic IPO Allotment status please follow the instructions shared below.

Laxmi Organic IPO Allotment: Final Subscription Status

Investor CategoryQuotaSubscription
Institutional (QIB)50%175.43x
Non-Insti. (HNI)15%217.62x
Retail (RII)35%20.10x
Total Subscription100%106.81x

Laxmi Organic IPO Allotment and Listing Dates

Date TypeDate
Allotment Finalization22/03/2021
Initiation of Refunds23/03/2021
Credit of Shares24/03/2021
Listing Date25/03/2021

Instructions for checking Laxmi Organic IPO Allotment Status

Option 1: Via Registrar Website
  1. Visit the Registrar website using this link – Link InTime
  2. You have three tabs to choose from based on the input details you would like to provide – PAN, Application or DP ID
  3. By default, it lands on the PAN Page.
  4. Select Laxmi Organic Industries Limited from the initial dropdown
  5. Enter your PAN number in the second dropdown and hit Search, you can enter the respective Application No and DP ID if you want to try through the other tabs
  6. If you have received the allotment you will see the following details – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
  7. If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window
Option 2: Via BSE Website
  1. Visit the BSE website using this link – BSE India
  2. Select the Equity radio button for issue type
  3. Select Laxmi Organic Industries Limited from the Issue Name dropdown
  4. Enter your Application Number and Pan Number and hit Search
  5. If you have received the allotment you will see – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
  6. If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window

Other Key IPO Details

Financials

201820192020 Mar2020 Sep
Revenue from Ops₹1,393.07Cr₹1,568.52 Cr₹1,534.12 Cr₹814.35 Cr
Profit before Tax₹113.31 Cr₹97.59 Cr₹55.14 Cr₹56.20 Cr
Profit after Tax75.70 Cr₹72.39 Cr₹70.21 Cr₹45.48 Cr
EPS (Basic)3.032.892.862.02
As of March 2020EPSP/E (Floor)P/E (Cap)
Based on basic EPS2.8645.4545.10

Comparison with listed industry peers

CompanyEPSP/E (Cap)
Laxmi Organic2.8645.10
Vinati Organics32.4844.85
Sector Average39.23
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Issue Size and details

TypeValue
Issue Size₹600 Cr
Fresh Issue₹300 Cr
Offer for Sale₹300 Cr
Face Value₹2/- per Equity Share
IPO Price₹129 – ₹130
Lot Size115 shares

Day-Wise Subscription Status

DayDay 1Day 2Day 3
QIB0.01x1.15x175.43x
HNI0.49x2.48x217.62x
Retail4.34x10.38x20.10x
Total2.28x6.05x106.81x
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