Laxmi Organics makes decent market debut by admin- Thursday, March 25th, 2021 04:09:07 PM
Shares of Laxmi Organics made a decent debut on the bourses on March 25, lists at 19.6% top rate to issue rate.
The inventory listed with a premium of nineteen.6% at Rs. One hundred fifty five.5 consistent with proportion on the NSE as towards the issue charge of Rs. One hundred thirty in keeping with share. On BSE, it turned into listed at Rs. 156.20 apiece, up 20%.
The IPO of Laxmi Organics that became open among March 15-17, 2021, changed into a first-rate hit as it turned into subscribed over 106 times. The offer consisted of a fresh issue of Rs. 300 crore and an offer on the market of Rs. Three hundred crore by using the promoter organization Yellow Stone Trust. The charge band turned into set at Rs. 129-a hundred thirty.