Lakshya Powertech Limited IPO

NSE SME

Listed On: Oct 23, 2024 at ₹ 342.0

₹ 144000 /800 Shares

Check Allotment

Lakshya Powertech IPO Details

16 Oct, 2024

Open Date

18 Oct, 2024

Close Date

21 Oct, 2024

Allotment Date

23 Oct, 2024

Listing Date

Issue Price

₹171-180 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

342.0

Listing Date

2024-10-23

Market Lot

800 Shares (₹144,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

2,772,800 shares(aggregating up to ₹49.91 Cr)

Retail Portion

35%

Subscription

575.89 times

IPO Docs

DRHP RHP

The IPO of Lakshya Powertech is priced at ₹171-180 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.

Lakshya Powertech IPO bid opening date is from Oct 16, 2024 and the bid closing date was Oct 18, 2024.
Lakshya Powertech IPO allotment result will be available on Oct 21, 2024. The tentative listing date for Lakshya Powertech is Oct 23, 2024.

The total issue size is 2,772,800 shares(aggregating up to ₹49.91 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	524,800 / 396,000	896,000	1,898,800
Day 1 - 16-10-24 06:00 PM	1.39 / 63.75 x	97.34 x	60.20 x
Day 2 - 17-10-24 06:00 PM	12.78 / 206.78 x	255.38 x	168.09 x
Day 3 - 18-10-24 06:00 PM	215.46 / 1118.14 x	590.29 x	575.89 x

Total No. of Applications: 661,089 (Approx)

Lakshya Powertech Valuations

EPS Pre IPO

₹21.44/-

EPS Post IPO

₹14.21/-

P/E Pre IPO

8.39

P/E Post IPO

12.67

ROE

16%

ROCE

13.41%

Debt/Equity

0.83

RoNW

15.84%

PAT Margin

10.33

Price to Book Value

3.49

Lakshya Powertech Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	8,246.31	3,334.85	1,758.89
Revenue	14,941.92	5,311.21	3,421.39
Profit After Tax	1,495.24	271.09	104.58
Net Worth	3,173.71	660.98	389.89
Reserves & Surplus	2,442.6	650.98	379.89
Total Borrowing	2,900.04	1,448.67	590.43

About The Company

Established in 2012, Lakshya Powertech Limited started as an engineering consultancy firm, specializing in mechanical and electrical services. The company soon expanded from freelance power generation consultancy into operations and maintenance (O&M) for gas-fired power plants and large power generation projects.

The company diversified into the oil and gas sector to expand its services and strengthen its position in the industry. It marked the global reach of the company with the EPC contract in the renewable energy sector in Malaysia and growth in oil and gas plant maintenance and repair.

The services of Lakshya Powertech can be categorized into four main areas: (i) Engineering, Procurement, Construction, and Commissioning; (ii) Integrated Operation and Maintenance Services; (iii) Specialty Services.

The company has successfully executed more than 138 projects with the major projects completed amounting to approximately Rs. 13690.68 lakhs.

The company had 912 employees on its payroll as of May 31, 2024.

Lakshya Powertech - Promoter(s)

Pre Issue Share Holding: 96.84%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Rajesh Anne
Mrs. Priya Bandhavi Anne

Lakshya Powertech IPO - Issue Objectives

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
Funding working capital requirements of the Company
General Corporate Purposes.

Other Details

Company Contact Details

Lakshya Powertech

A-620 & 621 Siddhivinayak Tower - A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad - 380051

Phone: +91 9898577752

Email: investor@lakshyapowertech.com

Website: https://www.lakshyapowertech.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: Lakshya.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Lakshya Powertech IPO - FAQs

Ans. Lakshya Powertech Limited IPO is a SME IPO. The issue is priced at ₹171-180 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Oct 16, 2024, and closes on Oct 18, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Lakshya Powertech Limited IPO opens on Oct 16, 2024 and closes on Oct 18, 2024.

Ans. The size of Lakshya Powertech Limited IPO is 2,772,800 shares(aggregating up to ₹49.91 Cr).

Ans. The IPO price band is set between ₹171-180 per equity share.

Ans. To apply for Lakshya Powertech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Lakshya Powertech Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Lakshya Powertech Limited IPO is Oct 21, 2024.

Ans. The Lakshya Powertech Limited IPO will be listed on Oct 23, 2024.

Ans. Follow the steps to check the allotment status for Lakshya Powertech Limited IPO here.