Laxmi Organic Industries Limited IPO Message Board (Page 38)

14. hchc | Link | Bookmark | March 5, 2021 5:47:42 PM

Top Contributor (400+ Posts, 900+ Likes)

Price Band should be around 135.....150

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14.2. hchc | Link | Bookmark | March 6, 2021 9:12:43 PM

Top Contributor (400+ Posts, 900+ Likes)

Trying my best to give authentic info to all at d earliest

14.3. Amit Pathak | Link | Bookmark | March 6, 2021 10:20:47 PM

Thank you

13. Amit ABL | Link | Bookmark | March 6, 2021 10:08:09 PM

Date 6.3.21
Time 9.48
Anupam rasayan
Premium 315/-
Laxmi organic
Premium 120/-

12. sonal patel | Link | Bookmark | March 6, 2021 9:49:22 PM

IPO Guru (1600+ Posts, 5800+ Likes)

Price band may be 134 - 135
Lot size 110 share

11. NVCorporation | Link | Bookmark | March 6, 2021 7:24:46 PM

GMP : 60-65

10. N IPO | Link | Bookmark | March 6, 2021 7:02:59 PM

Laxmi 57 buyer

9. Paymzia | Link | Bookmark | March 6, 2021 6:30:09 PM

IPO Guru (2700+ Posts, 4700+ Likes)

Expecting price range 133.....135

8. KING VINOD | Link | Bookmark | March 6, 2021 6:17:22 PM

IPO Guru (2500 Posts, 5400+ Likes)

Laxmi Organic Ind Ltd IPO
Pre IPO done at 129/- per share
So Expected Price around 133- 138

7. P Patel | Link | Bookmark | March 6, 2021 3:01:26 PM

IPO Mentor (900+ Posts, 900+ Likes)

Nominal growth in Top line, and negative growth in bottom line....

6. IPO Gyani | Link | Bookmark | March 6, 2021 2:25:34 PM

price would be less than only 140 but not 140

5. Adv Sarin | Link | Bookmark | March 5, 2021 10:54:51 PM

Top Contributor (300 Posts, 100+ Likes)

This issue is good at one parameter Money collected from the Public will be used for the expansion of the business and increasing manufacturing capacity. The only thing odd is the name of the company. From the name, it looks like a lala firm. Let''s see how much they ask for.

5.1. Adv Sarin | Link | Bookmark | March 6, 2021 2:17:20 PM

Top Contributor (300 Posts, 100+ Likes)

But, see the performance of the company for last three years is going reverse. They are not improving profits are going down. see figures:
Particulars      For the year/period ended (Rs in millions)
30-Sep-20      31-Mar-20      31-Mar-19      31-Mar-18
Total Assets      10,371.32      10,706.33      10,144.88      8,947.34
Total Revenue      8,143.55      15,386.21      15,743.23      13,960.75
Profit After Tax      454.84      702.12      723.91      756.95

Investors needs to be careful, you can get stuck in such a company where there is no growth.

4. IPO Gyani | Link | Bookmark | March 6, 2021 11:08:23 AM

Laxmi Organic Industries Limited RHP
https://www.axiscapital.co.in/uploads/equity_documents/20210306100132_laxmi_organic_industries_limitedrhp.pdf

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

NSE is the Designated Stock Exchange for Basis of Allotment

3. hchc | Link | Bookmark | March 5, 2021 10:21:29 PM

Top Contributor (400+ Posts, 900+ Likes)

Laxmi Organics Ltd IPO

Opens : 15th March 2021
Closes : 17th March 2021

2. TSG | Link | Bookmark | March 5, 2021 9:51:52 PM

Dates confirmed
Opens 15th march
Closes 17th march
600 cr size

1. Dheeraj Luthra | Link | Bookmark | March 5, 2021 5:05:08 PM

objective of the ipo is to finance their subsidary firms like YFCPL and VLPL.
how will it help this company''''s share?