Laxmi Organic IPO
Specialty Chemical Company, Laxmi Organics’ Rs 600 crore IPO opens on March 15, 2021, will contain fresh shares of Rs 300 crores and OFS of Rs 300 crores equities from the promoter, Yellow Stone Trust. The company has filed the Draft Red Herring Prospectus seeking SEBI’s go ahead.
Laxmi Organic IPO
Laxmi Organic Industries Limited IPOIPO Date : 15th March 2021 - 17th March 2021
₹20/- For Intraday, F&O, Currencies & Commodities
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 in acetyl intermediates and specialty intermediates manufacturing segment has a well-diverse product portfolio. The company will utilise the proceeds from the IPO to set up a fluoro-specialty chemicals manufacturing unit.
- Well-diverse portfolio
- Established track record with three decades of industry presence
- Global presence with offices in India and Europe
- Major exporter of a wide variety of chemicals, pharmaceuticals, and packaging products to its global client base
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