Laxmi Organics IPO
Specialty Chemical Company, Laxmi Organics’ Rs 800 crore IPO will contain fresh shares worth Rs 500 crores and offloading of Rs 300 crores equities from promoters. The company has filed the Draft Red Herring Prospectus seeking SEBI’s go ahead. The issue will open in the coming months of 2021.
Laxmi Organics IPO
Laxmi OrganicsIPO Date : To be updated
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LAXMI ORGANICS INFORMATION
Laxmi Organics is the flagship company of the Goenka Group and a part of its conglomerate since 1990. The firm is among the largest players in the domain of acetyl intermediates and specialty intermediates manufacturing has a diversified product portfolio.
The company will utilise the proceeds from the IPO activity primarily to establish a fluoro specialty chemicals manufacturing unit.
- Well-diversified portfolio
- A veteran market player with three decades of industry presence
- Global business with offices in India and Europe
- Major exporter of a wide variety of chemical, pharmaceutical, and packaging products to a global client base
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