Investment Guru - Two IPO's To Be Launched In A Week, Know The Company's Business Before Investing_Pic Credit Google

Investment Guru – Two IPO’s To Be Launched In A Week, Know The Company’s Business Before Investing

Investment Guru – Two IPO’s To Be Launched In A Week, Know The Company’s Business Before Investing – There are two IPOs to be launched during a week. the primary IPO is scheduled to be launched on March 12, while Anupam Rasayan India is scheduled to open on March 15, while Mumbai-based specialty chemical company Laxmi Organic Industries is scheduled to open on March 15.

Anupam Chemicals India may be a leading specialty chemical company in India. Investors are going to be ready to invest for this IPO from March 12 to 16. the worth band of this IPO has been fixed at Rs 553-555 per share. Anchor Investor Book of IPO will open on 10 March.

Investment Guru – Two IPO’s To Be Launched In A Week, Know The Company’s Business Before Investing

The lot size of Anupam Rasayan India IPO is 27 shares. the corporate will raise Rs 760 crore through this IPO. 2.2 lakh shares within the IPO are reserved for the workers of the corporate . the cash raised from the IPO are going to be wont to repay the corporate ‘s debt and to conduct the business of the company.

Anupam Rasayana has expertise in making specialty chemical associated with custom synthesis and life sciences. aside from bioscience , the corporate also makes other sorts of chemicals. along side the domestic market, the corporate also exports. the corporate makes two sorts of chemicals.

IPO of Lakshmi Organic Industries

Laxmi Organic Industries is about to boost Rs 600 crore through this IPO. Of this, Rs 300 crore fresh issue and Rs 300 crore shares are going to be released under Offer purchasable (OFS). The company’s IPO will open on March 15 and can close on St Patrick’s Day .

Laxmi will use the funds raised through organic fresh issues and pre-IPO placements to take a position in its wholly-owned subsidiary, Yellowstone Fine Chemical (YFCPL). along side this, some a part of the fund are going to be spent to satisfy the capital requirements and therefore the expansion of SI manufacturing unit.

Investment Guru – Two IPO’s To Be Launched In A Week, Know The Company’s Business Before Investing

Laxmi Organic competes with companies like Aarti Industries, Atul Fine Organic Industries, Naveen Fluorine International, SRF and Rosari Biotech within the market. Laxmi Organic is that the country’s largest producer of ester within the market. it’s the sole company to manufacture diketene derivatives in India.

Lakshmi Organic Company that produces products that are utilized in pharma, agro chemical, diy and pigments, inc, coating, paints, printing, packaging, flavors, fragrances, adhesives and other industrial applications.

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