Lakshya Powertech IPO Details
| IPO Size | ₹49.91 Cr |
| Price Range | ₹171 - ₹180 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | ₹15 per share |
| Listing at | NSE |
| Minimum Quantity | 800 |
| Investment (cut-off price) | ₹144,000 |
| Pre IPO Promotor Holding | 96.84% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Lakshya Powertech IPO Timelines
16/10/2024
Start Date18/10/2024
End Date22/10/2024
Refund Initiation22/10/2024
Credit of Shares to Demat Ac23/10/2024
Listing DateLakshya Powertech IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹144,000 |
| Retail Maximum | 1 | 800 | ₹144,000 |
| HNI Minimum | 2 | 1600 | ₹288,000 |
Lakshya Powertech IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 212.18x | 1,117.75x | 590.26x | -- | 573.36x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹342 | ₹359.10 | ₹359.10 | ₹342 |
Lakshya Powertech IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹34.21 | ₹32.73 | ₹1.05 |
| FY 2023 | ₹53.11 | ₹49.29 | ₹2.71 |
| FY 2024 | ₹149.42 | ₹129.10 | ₹14.95 |
About Company
Founded in 2012, Lakshya Powertech has established itself as a leader in providing turnkey solutions within the energy sector, specializing in engineering, procurement, and construction (EPC) services. The company focuses on oil and gas, power generation, and renewable energy, delivering tailored solutions that meet the unique needs of its clients. With a commitment to excellence and safety, Lakshya Powertech has successfully executed over 138 projects, showcasing its capability in fabricating critical engineering equipment, including pressure vessels and heat exchangers.
Lakshya Powertech’s extensive experience and dedication to quality have enabled it to carve out a significant niche in the industry. The company employs a dedicated service team available around the clock to ensure client satisfaction. With ongoing projects valued at approximately ₹421.42 crores and a workforce of 912 employees, Lakshya Powertech continues to expand its global presence while maintaining high standards of safety and environmental compliance across all operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2012 | Engineering | Rajesh Anne |
Know Before Investing
Lakshya Powertech IPO Strengths
- The company is backed by an experienced promoters and management team.
- It has established long-standing relationships with its customers.
- The organization benefits from an efficient operational team.
- The company demonstrates consistent financial performance year after year.
Lakshya Powertech IPO Risks
- Projects are awarded through a competitive bidding process by government authorities and private companies, posing a risk of not qualifying for future opportunities, which could adversely impact business operations.
- Reliance on an in-house designing and engineering team for project execution makes the company vulnerable to the loss of key employees, potentially affecting project outcomes.
- The registered office, corporate office, and workshop from which operations are conducted are not owned by the company.
Swot Analysis for Lakshya Powertech IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Lakshya Powertech Limited
A-620 & 621 Siddhivinayak Tower – A,
B/H DCP Office, Off. S.G. Highway,
Makarba, Jivraj Park, Ahmedabad – 380051
Phone: +91 9898577752
Email: [email protected]
Website: https://www.lakshyapowertech.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Lakshya Powertech IPO are:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- Funding working capital requirements of the Company; and
- General Corporate Purposes.
GYR Capital Advisors Private Limited is the book-running lead managers for the Lakshya Powertech IPO.