Lakshya Powertech IPO Details
| IPO Open Date: | October 16, 2024 |
| IPO Close Date: | October 18, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹171 to ₹180 Per Share |
| Issue Size: | Approx ₹49.91 Crores, 2,772,800 Equity Shares |
| Fresh Issue: | Approx ₹49.91 Crores, 2,772,800 Equity Shares |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Lakshya Powertech IPO IPO Market Lot
The Lakshya Powertech IPO minimum market lot is 800 shares with ₹144,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹144,000 |
| Retail Maximum | 1 | 800 | ₹144,000 |
| HNI Minimum | 2 | 1,600 | ₹288,000 |
Lakshya Powertech IPO Dates
The Lakshya Powertech IPO date is October 16 and the close date is October 18. The Lakshya Powertech IPO allotment will be finalized on October 21 and the IPO listing on October 23.
| IPO Open Date: | October 16, 2024 |
| IPO Close Date: | October 18, 2024 |
| Basis of Allotment: | October 21, 2024 |
| Refunds: | October 22, 2024 |
| Credit to Demat Account: | October 22, 2024 |
| IPO Listing Date: | October 23, 2024 |
Promoters of Lakshya Powertech IPO
The promoters of the company are Mr. Rajesh Anne and Mrs. Priya Bandhavi Anne
About Lakshya Powertech IPO
Lakshya Powertech Limited was incorporated in the year 2012 in Gujarat, Dadra, and Nagar Haveli with the business of an Engineering Consultancy and Contracting Company, distinguished for its expertise in Mechanical and Electrical services. Prominently, it has partnered with four main sectors: Oil, Gas, Power, Renewable Energy, and Industrial. Further, providing quality and safety to the customer is a major commitment. Moreover,138 main projects have been executed through efficient work, wherein a major complicated project has got ₹ 13690.68 Lakhs. Additionally, Rs. 14,813.46 Lakhs is for FY 2024,2023, and 2022 got Rs. 5,304.52 Lakhs, and Rs. 3,414.33 Lakhs.
Lakshya Powertech IPO Company Financial Report
The company reported revenue of ₹149.42 crores in 2024 against ₹53.11 crore in 2023. The company reported profit of ₹14.95 crores in 2024 against profit of ₹2.71 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹34.21 | ₹32.73 | ₹1.05 | ₹17.59 |
| 2023 | ₹53.11 | ₹49.29 | ₹2.71 | ₹33.35 |
| 2024 | ₹149.42 | ₹129.10 | ₹14.95 | ₹82.46 |
Lakshya Powertech IPO Valuation – FY2024
Check Lakshya Powertech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 77.43% |
| ROCE: | 37.00% |
| EBITDA Margin: | 15.52% |
| PAT Margin: | 10.08% |
| Debt to equity ratio: | 0.91 |
| Earning Per Share (EPS): | ₹20.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.71% |
| Net Asset Value (NAV): | ₹389.89 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Asian Energy Services Limited | 6.64 | 41.77 | NA | 10 | 311.28 Cr. |
| Engineers India Limited | 7.92 | 25.50 | NA | 5 | 3500.02 Cr. |
Objects of the Issue
- 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.
Lakshya Powertech IPO Review
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Lakshya Powertech IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
E-mail: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Lakshya Powertech IPO 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/
Lakshya Powertech IPO FAQs
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Note: The Lakshya Powertech IPO price band and date are officially announced. The (Lakshya Powertech IPO grey market premium) will be added to the IPO GMP page as it will start).
