Laxmi Organic IPO Listing Date: Stock makes strong debut, lists at 153.65, gets 18% gain over issue price
Laxmi Organic IPO Listing Date: The stock has listed at Rs 153.65, with 18% listing gain over the issue price of Rs 130. Laxmi Organic stock made an intraday high of Rs 161.70 so far. The current market cap of the company is Rs near 4100 cr. The Speciality Chemical segment has been in focus and will keep continuing to do well going forward according to market experts. The IPO was subscribed nearly 107 times.
Zee Business Managing Editor Anil Singhvi said that Investors must hold Laxmi Organic stock in their portfolio even at current market price for good returns in the long term: Reuters