What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Laxmi Organic Industries Limited IPO?

Laxmi Organic Industries Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Laxmi Organic Industries Limited

ListedMainboard

Materials & Chemicals · NSE / BSE

Incorporated in 1989, Laxmi Organic Industries Ltd is a leading specialty chemical manufacturer operating in Acetyl Intermediates and Specialty Intermediates, with a dominant position in ethyl acetate holding over 30% market share in India and being the only producer of diketene derivatives in the country; its product portfolio includes ethyl acetate, acetaldehyde, fuel-grade ethanol, ketene, and various diketene-based chemicals used across pharmaceuticals, agrochemicals, paints, inks, dyes, printing, and packaging industries, serving marquee customers such as Alembic Pharma, Laurus Labs, Granules India, Hetero Labs, UPL, and others, with a global presence across 30 countries including the USA, UK, China, and UAE, and manufacturing operations at two plants in Mahad, Maharashtra along with a proposed new facility at Lote Parshuram.

Price Band

₹129 – ₹130

Issue Size

₹600 Cr

Lot Size

115 shares

GMP

₹40

+30.8%

Est. Listing

₹170

at current GMP

Subscribed

—

Open

15 Mar 2021

17 Mar 2021

Allotment

22 Mar 2021

Refund

23 Mar 2021

Demat Credit

24 Mar 2021

Listing

25 Mar 2021

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	23,076,923	—	0.00x
Non-Institutional (NII / HNI)	6,923,077	—	0.00x
Retail Individual (RII)	16,153,846	—	0.00x
Total	46,153,846	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	140,468	140,468	1.00x
HNIs (10L +)	899	899	1.00x
HNIs (2-10L)	4,300	4,300	1.00x
Total Applications	145,667	145,667	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Laxmi Organic Industries Limited Public Issue & Market Profile

Laxmi Organic Industries Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹600 Crores. The shares are offered at a price band of ₹129 to ₹130 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2021-03-17, the basis of allotment is scheduled to be finalized on 2021-03-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Laxmi Organic Industries Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Laxmi Organic Industries Limited IPO is ₹40 per equity share. Based on the upper price band of ₹129 to ₹130 per equity share, the estimated listing price is ₹170 (+30.8% expected listing gain).

What is the expected profit per lot for Laxmi Organic Industries Limited IPO?

With a lot size of 115 shares and current GMP of ₹40, the expected profit per application lot is approx ₹4,600 (+30.8% gain). Minimum application cost is approx ₹14,950.

What is the issue size and price band for Laxmi Organic Industries Limited IPO?

The Laxmi Organic Industries Limited IPO aggregate issue size is ₹600 Crores with an equity price band set at ₹129 to ₹130 per equity share. The retail lot size is 115 shares requiring a minimum capital outlay of approx. ₹14,950.

How can I check Laxmi Organic Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Laxmi Organic Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-03-22. Investors can verify status using PAN card or application number.

When is the listing date for Laxmi Organic Industries Limited IPO?

Laxmi Organic Industries Limited shares are scheduled to list on NSE and BSE on 2021-03-25.