1. Completed
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Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Laxmi Organic Industries Limited was incorporated at Mumbai on 15 May 1989. It started making acetaldehyde and acetic acid in 1992 and ethyl acetate in 1996. It works in two segments. Acetyl intermediates include ethyl acetate, acetaldehyde and fuel-grade ethanol. Specialty intermediates include ketene and diketene derivatives, a business it entered in Fiscal 2010 by buying Clariant's diketene business. It has about 30% of the Indian ethyl acetate market and is the only maker of diketene derivatives in India, with about 55% of that market by revenue in Fiscal 2020. Its two plants are in Mahad, Maharashtra, and it has customers in 30 countries. The IPO was Rs 600 crore, split equally between Rs 300.00 crore of fresh issue and Rs 300.00 crore of offer for sale. Planned uses included a new facility through its subsidiary YFCPL, expansion of the specialty intermediates plant and repaying borrowings.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 4:30 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 1,037.13 | 1,070.63 | 1,014.49 | 894.73 |
| Total Income | 814.36 | 1,538.62 | 1,574.32 | 1,396.08 |
| Profit After Tax |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
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Data by IPO Guru · Updated
Laxmi Organic Industries makes acetyl intermediates and specialty intermediates, and is among India's largest makers of ethyl acetate. Its total income was Rs 1,538.62 crore in FY2020.
Yellow Stone Trust and Ravi Goenka
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Indicative only. A GMP-implied price is not a guaranteed listing price.
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 22 Mar 2021, 12:00 PM IST | ₹60 | +46.15% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 4:30 PM IST.
| 45.48 |
| 70.21 |
| 72.39 |
| 75.70 |
| EBITDA | 86.34 | 143.71 | 158.62 | 154.41 |
| NET Worth | 471.45 | 425.96 | 448.89 | 378.37 |
| Reserves and Surplus | 427.39 | 381.90 | 399.80 | 369.31 |
| Total Borrowing | 192.18 | 158.84 | 175.33 | 215.06 |