Laxmi Organic Industries Ltd - Prospectus Synopsis

Laxmi Organic Industries Ltd pdf Icon RHP

Registered Office : A-22/2/3 MIDC , Mahad , Raigad - 402309 , Maharashtra , India.

Phone : 91-2145-232424  Fax :

Email :investors@laxmi.com    Website : www.laxmi.com

Initial public offering of 46,153,846 equity shares of face value of Rs. 2 each (equity shares) of Laxmi Organic Industries Limited (The Company or The Issuer) for cash at a price of Rs. 130 per equity share (Including a premium of Rs. 128 per equity share) (offer price) aggregating to Rs. 600.00 crore (offer). The offer comprises of a fresh issue of 23,076,923 equity shares aggregating to Rs. 300.00 crores (Fresh issue) and an offer for sale of 23,076,923 equity shares aggregating to Rs. 300.00 crores by Yellow Stone Trust (promoter selling shareholder), (The offer for sale, and together with the fresh issue, the offer). The offer will constitute 17.50% of the post-offer paid-up equity share capital. The face value of equity shares is Rs.2 each and Offer Price is 130 of the face value of the equity share. The Issue Price is 65.00 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
3/15/2021 12:00:00 AM 3/17/2021 12:00:00 AM Rs 130 - 0Rs 0 - 0
Minimum Application for shares in Nos : 115 Further Multiples of : 115
 Rs CrLead Managers to the Issue
Project Cost 500 -
Project Financed through Current Offer 600  
Post Issue Equity Share Capital 500  
Issue PriceRs. 130 
Projects
Investment in wholly owned subsidiary, Yellowstone Fine Chemicals Private Limited (YFCPL) for part-financing its capital expenditure requirements in relation to the setting up of manufacturing facility for fluorospecialty Chemicals(Proposed)
Promoted ByListing AtRegistrar to the Issue
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