Laxmi Organic raises ₹180 crore ahead of IPO March 12, 2021 × Laxmi Organic Industries Ltd, a Mumbai-based specialty chemicals manufacturer, has raised ₹180 crore from 15 anchor investors a day prior to the opening of its initial public offering (IPO). The company allocated 1.38 crore shares at ₹130 per share on Friday, it informed the bourses. Eight foreign portfolio investors who participated in the anchor were Nomura India Equity Fund, Abu Dhabi Investment Authority, Goldman Sachs, Kuber India (Plutus), Theleme India Master Fund, Malabar India Fund, Ashoka India Opportunities Fund, India Acorn Fund. These investors were allocated 78.46 lakh shares for about ₹102 crore. Malabar India Fund and Ashok India Opportunities Fund have also invested ₹55 crore and ₹35 crore, respectively, in a Pre-IPO round last month.