Laxmi Organic IPO bought 107 times; Nazara Technologies opens strong

The IPO of Laxmi Organic, Mumbai-based specialty che­micals firm, has garnered 107 times subscription. The issue closed on Wednesday. 

The institutional investor portion of the IPO was subscribed 175 times, the high net-worth individual portion was subscribed 218 times and the retail portion was bought nearly 20 times. 

The IPO of Craftsman Automation, which also closed on Wednesday, witnessed 5.2 times subscription. The IPO comprised a fresh issue of Rs 150 crore and an offer for sale of 45,21,450 equity shares. 

The IPO Kalyan Jewellers