Laxmi Organic IPO is going to hit the market on 15 March and closes on 17 March. As expected the price band is fixed at Rs.129-130 , so we can expect a good GMP on for the IPO. The company is based in Maharashtra and doing speciality chemical manufacturing. They are one of the market leader of diketene derivatives with 30% of market share. Laxmi Organic to raise 600 crore via IPO. The grey market will jump up as the dates are announced. Lets see how grey market react to this IPO. Check out Laxmi Organic IPO grey market premium, Kostak rates, and subject to sauda rates as on today.
Read Also: Laxmi Organic IPO Details
Laxmi Organic IPO GMP Rates day by day with Kostak rates
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
|---|---|---|---|
| 17 Mar 2021 | Rs. | Rs. | Rs. |
| 16 Mar 2021 | Rs. 90-100 | Rs.400 | Rs. 6000 |
| 15 Mar 2021 | Rs. 90-100 | Rs. 450 | Rs. 6000 |
| 14 Mar 2021 | Rs. 90-100 | Rs. 450 | Rs. 6000 |
| 13 Mar 2021 | Rs. 90-100 | Rs. 450 | Rs. 6000 |
| 12 Mar 2021 | Rs. 110-120 | Rs. 450 | Rs. 6000 |
| 11 Mar 2021 | Rs. 80-90 | Rs. 400 | Rs. 5000 |
| 10 Mar 2021 | Rs. 80-90 | Rs. 400 | Rs. 5000 |
| 09 Mar 2021 | Rs. 120-125 | Rs. 400 | Rs. 4000 |
| 08 Mar 2021 | Rs. 120-125 | Rs. 300 | Rs. 3000 |
| 07 Mar 2021 | NA | NA | NA |
| 06 Mar 2021 | NA | NA | NA |
| 05 Mar 2021 | NA | NA | NA |
| 04 Mar 2021 | NA | NA | NA |
| 03 Mar 2021 | NA | NA | NA |
- Grey market premium as on today is ₹90-100, Kostak ₹400 & Subject to Sauda is ₹7000
- Grey market premium as on 14-03-2021 is ₹90-100, Kostak ₹400 & Subject to Sauda is ₹6000
- Grey market premium as on 13-03-2021 is ₹90-100, Kostak ₹400 & Subject to Sauda is ₹6000
- Grey market premium as on 12-03-2021 is ₹110-120, Kostak ₹450 & Subject to Sauda is ₹6000
- Grey market premium as on 11-03-2021 is ₹80-90, Kostak ₹400 & Subject to Sauda is ₹5000
- Grey market premium as on 10-03-2021 is ₹80-90, Kostak ₹400 & Subject to Sauda is ₹5000
- Grey market premium as on 09-03-2021 is ₹120-125, Kostak ₹300 & Subject to Sauda is ₹3000
- Grey market premium as on 08-03-2021 is ₹120-125, Kostak ₹300 & Subject to Sauda is ₹3000
- Grey market premium as on 07-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 06-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 05-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 04-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
Laxmi Organic IPO Date & Price Band
| IPO Opening Date | Mar 15, 2021 |
| IPO Closing Date | Mar 17, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | Rs.129 to Rs.130 per equity share |
| Market Lot | 115 Shares |
| Min Order Quantity | 115 Shares |
| Listing At | BSE, NSE |
| Issue Size | Eq Shares of ₹2 (aggregating up to ₹600.00 Cr) |
| Fresh Issue | Eq Shares of ₹2 (aggregating up to ₹300.00 Cr) |
| Offer for Sale | Eq Shares of ₹2 (aggregating up to ₹300.00 Cr) |
Laxmi Organic IPO Market Lot
| Minimum Lot Size: | Minimum 115 Shares |
| Minimum Amount: | ₹ 14,950 |
| Maximum Lot Size: | Maximum 1495 Shares |
| Maximum Amount: | ₹ 1,94,350 |
Laxmi Organic IPO Tentative Timetable
The Laxmi Organic IPO open date is Mar 15, 2021, and the close date is Mar 17, 2021. The issue may list on Mar , 2021.
| IPO Open Date | Mar 15, 2021 |
| IPO Close Date | Mar 17, 2021 |
| Basis of Allotment Date | Mar 22, 2021 |
| Initiation of Refunds | Mar 23, 2021 |
| Credit of Shares to Demat Account | Mar 24, 2021 |
| IPO Listing Date | Mar 25, 2021 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.- We are not buying and selling IPO forms on IPO Grey Market.- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
Laxmi Organic IPO GMP FAQs
1. What is the Grey Market Premium (GMP) price of Laxmi Organic IPO?
The Grey Market Premium of Laxmi Organic IPO is approx. in between Rs 120-125 at the moment.
2. What is the Subject to Sauda price for Laxmi Organic IPO?
The Subject to Sauda price for Laxmi Organic IPO is approx. ₹4000.
3. How much will be listing gain in Laxmi Organic IPO?
Laxmi Organic IPO listing gain will be approx. Rs./- (update on a daily basis)
4. What is kostak price of Laxmi Organic IPO?
The Kostak price of Laxmi Organic IPO is approx Rs 400.
