Lakshya Powertech IPO
Lakshya Powertech is an NSE SME IPO listed on the NSE SME platform, priced at ₹171–₹180 per share. The stock debuted at ₹342, delivering a listing gain of 90.0%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,44,000.
Lakshya Powertech Limited IPO
- IPO Dates
- Oct 16, 2024 – Oct 18, 2024
- Price band
- ₹171-180 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹49.91 Cr
- Lot size
- 800
- Allotment Date
- Oct 21, 2024
- Listing
- Oct 23, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 16, 2024
Open Date
Completed
-
Oct 18, 2024
Close Date
Completed
-
Oct 21, 2024
Allotment Date
Completed
-
Oct 23, 2024
Listing Date
Completed
Lakshya Powertech IPO Essentials
Lakshya Powertech IPO Details
Lakshya Powertech IPO is priced at ₹171-180 per share with a total issue size of 49.91 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹171-180 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,772,800 shares(aggregating up to ₹49.91 Cr)
- Total issue size
- 27,72,800 shares
(aggregating up to ₹49.91 crore) - Fresh issue
- 27,72,800 shares
(aggregating up to ₹49.91 crore) - Listing at
- NSE SME
- List price
- 342.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,44,000 |
| Retail(max) | 1 | 800 | ₹1,44,000 |
| NII (min) | 2 | 1,600 | ₹2,88,000 |
Lakshya Powertech IPO Reservation
Lakshya Powertech IPO reservation details show category-wise allocation of shares. Out of the total 2,780,800 shares, approximately 18.87% are reserved for QIB, 14.24% for NII, 32.22% for retail investors, 5.32% for market maker, and 26.75% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 744,000 (26.75%) | |
| Market Maker Shares Offered | 148,000 (5.32%) | |
| QIB Shares Offered | 524,800 (18.87%) | |
| NII (HNI) Shares Offered | 396,000 (14.24%) | |
| Retail Shares Offered | 896,000 (32.22%) | |
| Total Shares Offered | 2,780,800 (100%) |
Lakshya Powertech IPO Analytics
Lakshya Powertech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Lakshya Powertech IPO Subscription Status
Lakshya Powertech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 524,800 / 396,000 | 896,000 | 1,898,800 |
|
Day 1
16-10-24 06:00 PM
|
(1.39 / 63.75) x | 97.34 x | 60.20 x |
|
Day 2
17-10-24 06:00 PM
|
(12.78 / 206.78) x | 255.38 x | 168.09 x |
|
Day 3
18-10-24 06:00 PM
|
(215.46 / 1118.14) x | 590.29 x | 575.89 x |
Lakshya Powertech Valuations
Earnings
- EPS Pre IPO
- ₹21.44/-
- EPS Post IPO
- ₹14.21/-
- P/E Pre IPO
- 8.39
- P/E Post IPO
- 12.67
Returns
- ROE
- 16%
- ROCE
- 13.41%
- RoNW
- 15.84%
- PAT Margin
- 10.33
Fundamentals
- Debt / Equity
- 0.83
- Price / Book
- 3.49
Lakshya Powertech Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,246.31 | 3,334.85 | 1,758.89 |
| Revenue | 14,941.92 | 5,311.21 | 3,421.39 |
| Profit After Tax | 1,495.24 | 271.09 | 104.58 |
| Net Worth | 3,173.71 | 660.98 | 389.89 |
| Reserves & Surplus | 2,442.6 | 650.98 | 379.89 |
| Total Borrowing | 2,900.04 | 1,448.67 | 590.43 |
Lakshya Powertech Company & Offer Insights
About Lakshya Powertech
Established in 2012, Lakshya Powertech Limited started as an engineering consultancy firm, specializing in mechanical and electrical services. The company soon expanded from freelance power generation consultancy into operations and maintenance (O&M) for gas-fired power plants and large power generation projects.
The company diversified into the oil and gas sector to expand its services and strengthen its position in the industry. It marked the global reach of the company with the EPC contract in the renewable energy sector in Malaysia and growth in oil and gas plant maintenance and repair.
The services of Lakshya Powertech can be categorized 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.
The company had 912 employees on its payroll as of May 31, 2024.
Lakshya Powertech Promoter(s)
Mr. Rajesh Anne, Mrs. Priya Bandhavi Anne are the company's promoters of Lakshya Powertech.
Lakshya Powertech IPO Issue Objectives
- •
- 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 - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Lakshya Powertech Limited | 21.75 | 21.75 | 43.41 | 49.4 | 15.84 | 4.19 | Standalone |
| Asian Energy Services Limited | 6.64 | 6.48 | 68.35 | 53.56 | 9.19 | 5.22 | Standalone |
| Engineers India Ltd. | 7.92 | 7.92 | 43.41 | 23.86 | 19.74 | 4.4 | Standalone |
Notes:
- P/E figures for the peers are based on closing market prices of equity shares on BSE and NSE on March 31, 2024, divided by the Basic EPS as of March 31, 2024.
- Basic and Diluted EPS refers to those sourced from the Annual Reports for FY 23-24 listed peer companies.
- PAT Margin (%) for listed industry peers has been computed based on the Net Profit After Tax for the year ended March 31, 2024, divided by Revenue from operations as of March 31, 2024.
- Return on Net Worth (%) for listed industry peers has been computed based on the Net Profit After Tax for the year ended March 31, 2024, divided by Total Equity as of March 31, 2024.
- NAV per share for listed peers is computed as the Total Equity as of March 31, 2024, divided by the outstanding number of equity shares as of March 31, 2024.
Contact Information
Contact Details
Lakshya Powertech
+91 9898577752
https://www.lakshyapowertech.com/
A-620 & 621 Siddhivinayak Tower - A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad - 380051
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Lakshya Powertech IPO is a book-built IPO worth ₹49.91 crore. The price band is ₹171–₹180 per share. The IPO opens on Oct 16, 2024 and closes on Oct 18, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Lakshya Powertech IPO is ₹171 to ₹180 per share.
The lot size of Lakshya Powertech IPO is 800 shares.
The minimum investment for Lakshya Powertech IPO is approximately ₹1,44,000 based on the upper price band .
Lakshya Powertech IPO opens on Oct 16, 2024 and closes on Oct 18, 2024.
The allotment date of Lakshya Powertech IPO is Oct 21, 2024.
Lakshya Powertech IPO is expected to be listed on Oct 23, 2024, on NSE SME Platform.
Lakshya Powertech IPO valuation snapshot: P/E 12.67, EPS ₹14.21/-, P/B 3.49, RoNW 15.84%, and market cap N/A.
To apply for Lakshya Powertech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Lakshya Powertech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Lakshya Powertech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Lakshya Powertech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Lakshya Powertech IPO allotment status on IPO Ji for quick and easy access.