Laxmi Organic Industries has debuted at Rs 156.20 on the BSE, up by 26.20 points or 20.15% from its issue price of Rs 130.
The scrip is currently trading at Rs 157.00, up by 27.00 points or 20.77% from its issue price. It has touched a high and low of Rs 164.60 and Rs 143.00 respectively. So far 33.65 lakh shares were traded on the counter.
The offering, which was open for subscription between March 15, 2021 and March 17, 2021, was subscribed 106.81 times. The issue price was fixed at Rs 130 per share i.e. at upper end of price band of Rs 129-130 apiece.
Laxmi Organic Industries is a leading manufacturer of acetyl intermediates and specialty intermediates and solvents catering to diverse end-market sectors like pharmaceuticals, agrochemicals, food packaging, pigments and coatings.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: