Lakshya Powertech Ltd
Price Range
₹171 - ₹180
Min. Quantity
800
Closes on
18 October 2024
Min. investment
₹1,44,000/800 Shares
Lakshya Powertech Ltd IPO Timeline
Lakshya Powertech Limited was originally incorporated as 'Lakshya Powertech Private Limited' vide Certificate of Incorporation dated July 20, 2012 issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Further, the Company converted to Public Limited Company and the name of Company changed to 'Lakshya Powertech Limited' and a fresh Certificate of Incorporation dated June 13, 2024 was issued to Company by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Lakshya Powertech Ltd IPO Opening Date | 16 October 2024 |
| Lakshya Powertech Ltd IPO Closing Date | 18 October 2024 |
| Basis of Allotment | 21 October 2024 |
| Initiation of Refunds | 22 October 2024 |
| Credit of Shares to Demat | 22 October 2024 |
| Lakshya Powertech Ltd IPO Listing Date | 23 October 2024 |
Lakshya Powertech Ltd IPO Details
| Lakshya Powertech Ltd IPO Date | 16 October 2024 to 18 October 2024 |
| Lakshya Powertech Ltd IPO Face Value | ₹10 per share |
| Lakshya Powertech Ltd IPO Price | ₹171 to ₹180 per share |
| Lakshya Powertech Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹49.91 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹49.91 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rajesh Anne, Priya Bandhavi Anne, Gopala Rao Anne |
Lakshya Powertech Ltd IPO Lot Size
The Lakshya Powertech Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,44,000 |
| Maximum | 1 | 800 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance.
Company Financials
Lakshya Powertech Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 82.46 | 149.42 | 14.95 |
| 03-2023 | 33.35 | 53.11 | 2.71 |
| 03-2022 | 17.59 | 34.21 | 1.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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 Ltd IPO Promoter Holding
| Pre Issue Share Holding | 42.88% |
| Post Issue Share Holding | 31.09% |
Lakshya Powertech Ltd IPO Subscription Status (Bidding Detail)
The Lakshya Powertech Ltd IPO is subscribed 533.8935 times on 18 October 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 533.8935 |
Lakshya Powertech Ltd IPO Prospectus
Lakshya Powertech Ltd IPO Listing Date
| Listing Date | 23 October 2024 |
| BSE Script | 93255 |
| NSE Symbol | LAKSHYA |
| Listing In | NSE - SME |
| ISIN | INE0VZS01015 |
| IPO Price | ₹180 |
| Face Value | ₹10 |
Company Contact Information
A-620&621 Siddhivinayak TowerAB/H DCP Office Makarba Ji.Park,Ahmedabad-380051
Phone: +91 98985 77752
Email: investor@lakshyapowertech.com
Website: www.lakshyapowertech.com
Lakshya Powertech Ltd IPO Registrar
Lakshya Powertech Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Lakshya Powertech Ltd IPO?
I have pre-applied for Lakshya Powertech Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.