Laxmi Organic Industries Limited IPO opens for subscription: Should you subscribe?

Laxmi Organic Industries IPO opens today. This chemical manufacturer is raising Rs 600 crore through an IPO. Should you bid for its shares? Here’s the full analysis to help you make up your mind. Incorporated in 1989, Laxmi Organic Industries Ltd is a specialty chemical manufacturer that operates in 2 business segments; Acetyl Intermediates (AI) and Specialty Intermediates (SI). …

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