Lakshya Powertech IPO Details
| IPO Open Date: | October 16, 2024 |
| IPO Close Date: | October 18, 2024 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹171 to ā¹180 Per Share |
| Issue Size: | Approx ā¹49.91 Crores, 2,772,800 Equity Shares |
| Fresh Issue: | Approx ā¹49.91 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 ā¹144,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ā¹144,000 |
| Retail Maximum | 1 | 800 | ā¹144,000 |
| HNI Minimum | 2 | 1,600 | ā¹288,000 |
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 ā¹ 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 ā¹149.42 crores in 2024 against ā¹53.11 crore in 2023. The company reported a profit of ā¹15.68 crores in 2024 against a profit of ā¹2.71 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹34.21 | ā¹32.73 | ā¹1.05 | ā¹17.59 |
| 2023 | ā¹53.11 | ā¹49.29 | ā¹2.71 | ā¹33.35 |
| 2024 | ā¹149.42 | ā¹129.10 | ā¹15.68 | ā¹82.46 |
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): | ā¹20.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.71% |
| Net Asset Value (NAV): | ā¹389.89 |
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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What is the Lakshya Powertech IPO Listing Date?
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).
7 Responses
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Hi Raman,
We recommend to sell on listing day as the listing gain will be around 90%. If you wish to stay invested for long term, its good to go.
what basis GMP is now at 89%?Match fixing sir
Hi Prashanth,
Its based on the IPO demand in the unofficial market.
Where to check whether Lakshya belongs to Class B listing or Class T listing?
2024 how the profit increased to 2 digit. Any fixing by u for 75% premium
Hi Prashanth,
The financial data is taken from the RHP and the grey market premium is picking up for the IPO that is why it shows 75% listing gain. You can check the RHP link available online.