Lakshya Powertech IPO Details
| IPO Issue Open Date: | 16 October 2024 |
| IPO Issue Close Date: | 18 October 2024 |
| IPO Issue Price Band: | ₹171 to ₹180 per share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹49.91 Crores | 2,772,800 shares |
| Fresh Issue: | ₹49.91 Crores | 2,772,800 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE &SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Lakshya Powertech Prospectus:
Checkout the Lakshya Powertech IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Lakshya Powertech IPO Dates Timeline
| Issue Open Date: | 16 October 2023 |
| Issue Close Date: | 18 October 2023 |
| Basis of Allotment Date: | 21 October 2023 |
| Refunds Initiation: | 22 October 2023 |
| Shares Credit in Demat: | 22 October 2023 |
| IPO Listing Date Detail: | 23 October 2023 |
Lakshya Powertech IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 800 shares = ₹144,000 |
| Retail (Max) | 1 lots and 800 shares = ₹144,000 |
| S-HNI (Min) | 2 lots and 1,600 shares = ₹288,000 |
| B-HNI Minimum | [.] |
Lakshya Powertech IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹160 | ₹90,000 | ₹- | 89% |
| 18th Oct | ₹160 | ₹90,000 | ₹- | 89% |
| 17th Oct | ₹160 | ₹90,000 | ₹- | 89% |
| 16th Oct | ₹135 | ₹75,000 | ₹- | 75% |
| 14th oct | ₹135 | ₹75,000 | ₹- | 75% |
| 11th oct | ₹100 | ₹60,000 | ₹- | 56% |
| 10th Oct | ₹50 | ₹30,000 | ₹- | 28% |
| 9th Oct | ₹- | ₹- | ₹- | -5% |
Check Live GMP
About Lakshya Powertech
Lakshya Powertech was established in the year 2012 and started as an Engineering Consultancy and Contracting Company, distinguished for its expertise in Mechanical and Electrical services. They embarked as a freelancing consultancy in power generation and their Company rapidly transitioned into a multifaceted entity with a robust expansion into Operations and Maintenance (O&M) for Gas Power Generation. They strategically expanded their operations by delving into significant Power Generation Projects, a move that was strengthened by their entry into the Oil and Gas sector. This diversification not only broadened the scope of their services but also solidified their position in the industry. Their global reach was further established through an Engineering, Procurement, and Construction (EPC) Contract in Renewables in Malaysia, and their growth extended into the Operations and Maintenance (O&M) of Oil and Gas facilities.
They are predominantly engaged across four key sectors: Oil and Gas, Power, Renewable Energy, and Industrial. Their services are organized into four primary divisions: (i) Engineering, Procurement, Construction & Commissioning; (ii) Integrated Operation & Maintenance Services; (iii) Special Services. Within these segments, they deliver comprehensive solutions tailored to meet the unique needs of their clients, ensuring excellence at every stage of project execution.
Lakshya Powertech IPO Strengths
- Comprehensive project management expertise centered on excellence in quality, health, safety, cost-effectiveness, and timely execution.
- Substantial growth substantiated by a robust order and excellent pre-qualification credentials.
- Integrated operation and management services backed by experience professionals
Objects of the IPO 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 Company Financial Report
The company reported revenue of ₹149.42 crores in 2024 against ₹53.11 crores in 2023. The company reported a profit of ₹14.95 crores in 2024 against a loss 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 – Key Performance Indicator
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
The below peer comparison table’s data are showing as per the DRHP and RHP.
| 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. |
Lakshya Powertech IPO Registrar
Kfin Technologies Limited
Telephone: 04067162222, 04079611000
Email: Lakshya.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Lakshya Powertech IPO Lead Manager
- GYR Capital Advisors Private Limited
Lakshya Powertech IPO allotment status check on Link Intime website. Click on Kfin Technologies Limited to get allotment status.
Promoters of Lakshya Powertech
- Mr. Rajesh Anne
- Mrs. Priya Bandhavi
Company Address
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: investor@lakshyapowertech.com
Website: https://www.lakshyapowertech.com/