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Laxmi Organic IPO

Open 15th Mar 2021 · Close 17th Mar 2021 · Listing 25th Mar 2021

Verified 2026-08-2383% data coverage
Issue Price₹130.00
Listing Price₹155.50
Current Price
Listing Gain19.62%
Current Return

IPO Objectives

Laxmi Organic IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Investment in YFCPL for part-financing itscapital expenditure requirements in relation to the setting up of the Proposed Facility₹60.40 Cr
2Investment in YFCPL for funding its working capital requirements of YFCPL₹37.74 Cr
3Funding capital expenditure requirements for expansion of our SI Manufacturing Facility₹91.06 Cr
4Funding working capital requirements of our Company₹35.18 Cr
5Purchase of plant and machinery for augmenting infrastructure development at our SI Manufacturing Facility₹12.57 Cr
6Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company and VLPL₹179.31 Cr
7General corporate purposes₹63.73 Cr