Laxmi Organic Industries Limited IPO Message Board (Page 29)

Zerodha should close their business and nitin kamath should sell pani puri on footpath , they can''t even get their systems to work properly for simple ipo application , pathetic.

Rohan sharma why are you waiting for last minute. Are you busy making puri''s for kamath?

PAYTM Money Best Broker for IPO application... Very very high rayed service in IPO... Kindly take advantage of paytm Money service

Bbq nation ipo coming March 24th...march still alive in ipo
24th to 26th

*Suryoday* ☀️ થાય પછી *Laxmi* જી બધા નું *Kalyan* કરે એ *Anupam* *Nazara* જોવા જેવો હશે...

*IPO ની ભરમાર*

😂🤣😍

Applied through zerodha in the morning. Never received the UPI mandate. Now Zerodha support team says application failed. But never received intimation from its end... really bad service. .. never going to use the platform for IPOs

This exactly happened with me during happiest minds debut. I applied on 2nd day but still never got mandate. Customer service is also bad.

Same happened with me and my friend.. when checked on zerodha no bid was showing for laxmi organics.. really pathetic service.. where shld we complain about this?

Recently introduced all ipo s PE RATIO VERY HIGH compare to peers ...you can see within day or two..decreased more then 20-40% ..Recent listed all ipos greedy promoters taken advantage of ...crazy sinario of market ...

I guess panic ll destroy the profit of primary market ...be alert don''t put ur valuable money on all ipos ...think twice ...

Barbeque nation ipo coming 24-26th March

Sir i have 4 demat account different pan can i applying each demat single application and mandate send to all same upi id its valid ya not.

( I have 4 demat account and upi id -1 plz suggest))

pan different hai but upi same hai ..??

@wanted ipo
I have got 1 lot in indigo where I used my UPI id but demat was of other person and the registrar was also was same as of this one. So as far as same upi with same person''s demat should be there is ruled out but multi demat with one upi I''d I think they will reject and only one will be allowed.

Nicks Jain sir i apply pnb asba one lot my application submit successfully I submit all detail correct like demat account extra but my broker name NBT and I mention NTP . For this mistake my application valid ya not.. Plz suggest.

Nextbillion Technology pvt lmtd

Subscription dekh k lag nahi raha hain ki yeh haath bhi lagega.. :( :(

Egg-jactly!! :D

Laxmi organics 69-71
Easy trip 145-150
Anupam 120-122
Kalayan 6-6.25
Nazara 910-920
Sarvodaya bank 28-30

Gyani Baba''s told Me:

QIB s 80-90X
HNIs 300X

GMP @ Rajkot 75Rs

@Ullu ki ankh : LOL. mujhe woh Gyani baba ka faltu gyan jokes yaad ate hain. Kya Gyanni baba sapne mein bolgaye ya kaan mein aakar fusfusa gaye subscription data :P JAI GYANI BABA , GYANI BABA Ki JAI :P

On a lighter note reminds me of Fukre movie

May i knw the last time for bid in UPI

February 31st !!!!!!

If you want a very good broker......tsk tsk.......person whom you see everyday in the mirror

exactly...your moronself ONLY

Get a account with FinvAsia

No need to biatch about all other discounted crappers and creepers and UPI funda yada yada

Absolutely ZERO INR for almost everything in the platform

WYSIWYG

You want IPO.....borrow some brains and apply through your own bank ASBA

FinvAsia is not for the northie idiotics who post their PAN number here..........

*LAXMI CHEMICAL*
*FINAL SUBS.FIGURE AT 05:00 P.M.*
QIB 175.43X**
NII 217.62X
RII 19.95X
*OVERALL 106.73X*
**Excluding Anchor
Total No.of RET.FORMS : 23,15,536
*Apps Wise : 16.36X*

*LAXMI ORGANIC IPO*
*FOR HNI/NII GET 1 CONFIRM LOT OF 115 SHARES*
IF THEY HAVE MADE A BID OF 25,027 SHARES
(RS. 32,53,510/-) & MORE
Interest cost @8% (7 Days) for each share Rs 44/- only
*LISTING ABOUT = 130+44 = Rs 174/- and more*

Good subscription data of qib compare to hni.
Almost 44735 crore blocked..

Sign of bumper listings!!

Yes. QIB is more interesting then HNI in this IPO

How do we check applied ipo on 5 paisa

There is no way you can check but if you have applied through UPI you can track it on that

I see many getting impatient with UPI. It takes 5-10 min to get mandate. If you can''t wait apply via AS A and don''t rant about UPI here. I Applied 1 lot. Let''s see what happens in allotment and listing day gains. Cheers

Agreed. UPI has its own disadvantages/shortfalls as well.

Hello!
I missed the deadline for ASBA application. So, can somebody guide me which discount broker is the best for hassle free ipo application? I have accounts in zerodha, 5paisa, and upstox.

@ Scrip
Yeah. I applied first through zerodha, didn’t receive for 15 mandate. I’ve canceled the order and applied through upstox. Got the mandate within a minute.

@BullsnBears
Cool!
Good Luck with the listing!

Laxmi Organic Industries IPO – Schedule *(FINAL – Pg #365 of RHP)*

10th Mar – Announcement of Price Band
12th Mar – Anchor Investors Allotment
15th Mar – Offer Opens
17th Mar – Offer Closes
22nd Mar – Finalisation of Basis of Allotment
23rd Mar – Unblocking of ASBA Accounts
24th Mar – Credit of Equity Shares to Depository Accounts
25th Mar – Commencement of Trading


Laxmi Organic Industries IPO – Issue Information *(FINAL)*

Issue Opens on: 15 March 2021
Issue Closes on: 17 March 2021
Issue Type: Book Built Issue IPO
Issue Size: 4,61,53,846 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.129 – Rs.130 Share
Discount: NIL
Market Lot: 115 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 24,05,85,850 Shares
Fresh Issue of 2,30,76,923 Shares @130/- = Rs.300Crs
Offer for Sale of 2,30,76,923 Shares @130/- = Rs.300Crs
Equity Shares outstanding after the Issue = 26,36,62,773 Shares

Category-wise Break up:
Anchor – 1,38,46,153 Shares = 180Crs
QIB – 92,30,769 Shares = 120Crs
NII – 69,23,077 Shares = 90Crs
RII – 1,61,53,847 Shares = 210Crs (Lot size: 115 = 1,40,468 Forms)
Total Issue – 4,61,53,846 Shares = 600Crs.

Subscription required for 1X
RII = 1,40,468 Forms
NII = 90 Crs


Laxmi Organic Industries IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated March 04, 2021 (413 pages)

EPS for FY17-18 >>> Rs.03.03 (Page #125 of RHP)
EPS for FY18-19 >>> Rs.02.89 (Page #125 of RHP)
EPS for FY19-20 >>> Rs.02.86 (Page #125 of RHP)
EPS for H120-21 >>> Rs.02.02 (Page #125 of RHP)

RoNW for FY17-18 >>> 20.01% (Page #126 of RHP)
RoNW for FY18-19 >>> 16.13% (Page #126 of RHP)
RoNW for FY19-20 >>> 16.45% (Page #126 of RHP)
RoNW for H120-21 >>> 09.65% (Page #126 of RHP)

NAV as on September 30, 2020 was Rs.20.99 (Page #126 of RHP)

Listed Industry Peer Group (Page #126 of RHP): Aarti Industries, Atul, Fine Organic Industries, Navin Flourine International, Rossari Biotech, SRF

Laxmi Organic Industries IPO – *Market’s Current Estimates of oversubscription*:

NII = 38.00Crs. = ~422.22X
RII = 25.00L Forms = 17.80X Applic. wise (Avg allotment of ~6.46 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *19.95paise for 1X*

Thus, for NII the costing = 422.22 X 19.95 paise = Rs.84.21 per share (= GMP)

And, for RII the costing = 84.21 X 6.46 = Rs.544/- (= Kostak)


Laxmi Organic Industries IPO – *GMP Estimated*
GMP 85 +/- 1
Kostak 550 +/- 10
Subject 2 @8,30

Mam why u not include QIB expected fig. it doesn''t have any role regarding estimated GMP?

@Mr.Z

YES role is HNI''s

Currently,
QIB : 118 X
HNI : 117 X

It shows that QIB is more interested than HNI yet

HNI have money problem due to back to back IPOs
Ha ha ha....!!!