
✓
Open
16 Oct 2024
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Close
18 Oct 2024
3
Allotment
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Listing
Wed, Oct 23, 2024
Price Band
₹171 to ₹180
Issue Size
27,72,800 shares (agg. up to ₹50 Cr)
Lot Size
800 Shares
Listing Date
Wed, Oct 23, 2024
Latest GMP
₹170
Est. Gain
94.44%
✦ AI Insight
GMP Trend
23-10-2024₹170Est. ₹350+94.44%
22-10-2024₹170Est. ₹350+94.44%
21-10-2024₹190Est. ₹370+105.56%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 410.30x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 94.16 | 82.46 | 33.35 | 17.59 |
| Total Income | 58.15 | 149.42 | 53.11 | 34.21 |
| Profit After Tax | 5.97 | 15.68 | 2.71 | 1.05 |
| NET Worth | 37.71 | 31.74 | 6.61 | 3.90 |
| Reserves and Surplus | 30.40 | 24.43 | 6.51 | 3.80 |
| Total Borrowing | 29.17 | 29.00 | 14.49 | 5.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹709.00 (-0.13%) |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹32.20 (+0.94%) |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹75.00 (+0.00%) |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹312.00 (+0.21%) |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹26.40 (+4.97%) |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹121.85 (+2.39%) |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹24.85 (+4.85%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹56.60 (-2.08%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.95 (+4.89%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.00 (-0.83%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹163.05 (+2.16%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.80 (-5.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹67.85 (+4.95%) |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,849.30 (+0.46%) |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹351.10 (-3.29%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹496.00 (+1.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 4.50 |
| 2 | Funding working capital requirements of the Company; and | 30.00 |
| 3 | General Corporate Purposes | 11.46 |
About Lakshya Powertech IPO
Established in 2012, Lakshya Powertech Limited started as an engineering consultancy firm specializing in mechanical and electrical services. The company quickly expanded from freelance power generation consultancy into operations and maintenance (O&M) for gas-fired power plants and large power generation projects. By diversifying into the oil and gas sector, the company expanded its services and strengthened its position in the industry. An EPC contract in the renewable energy sector in Malaysia and growth in oil and gas plant maintenance and repair marked the company's global reach. Lakshya Powertech's services are divided into four main areas: (i) Engineering, Procurement, Construction, and Commissioning; (ii) Integrated Operation and Maintenance Services; (iii) Specialty Services. The company has successfully executed more than 138 projects with the major projects completed amounting to approximately Rs. 13690.68 lakhs. Competitive Strengths: Extensive expertise in project management focusing on excellence in quality, health, safety, cost efficiency, and timely execution Significant growth underpinned by a solid order book and excellent pre-qualification credentials Integrated
Contact Details
Lakshya Powertech Ltd. AddressA-620 & 621 Siddhivinayak Tower-AB/H DCP Office, Off.S.G.HighwayMakarba, Jivraj ParkAhmedabad, Gujarat, 380051+91 9898577752investor@lakshyapowertech.comVisit Website