Lakshya Powertech IPO GMP, Review, Price, Allotment

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Last updated on October 24, 2024

Lakshya Powertech IPO GMP

Lakshya Powertech IPO description – Lakshya Powertech is an engineering consultancy and contracting company that began as a freelance consultancy focused on power generation. The company provides operations and maintenance (O&M) services for gas and oil-based power generation. It operates primarily in four sectors: Oil and Gas, Power, Renewable Energy, and Industrial.

Lakshya Powertech’s services are divided into three main categories: (i) Engineering, Procurement, Construction & Commissioning (EPCC), (ii) Integrated Operation & Maintenance Services, and (iii) Special Services. The company has expanded its global presence by securing an EPC contract in the renewable energy sector in Malaysia. Lakshya Powertech has successfully executed more than 138 projects, valued at approximately INR 136.91 crores.

These include projects for industry leaders such as Kirloskar Pneumatic, Megha Engineering & Infrastructures, Raub Energy, IOCL, Vedanta, and Subham Inc. As of 31 May 2024, the company has 44 major ongoing projects, with confirmed orders for projects worth approximately INR 421.42 crores. As of the same date, Lakshya Powertech employs 912 individuals on payroll.

Lakshya Powertech IPO Allotment Status

Promoters of Lakshya Powertech – Mr. Rajesh Anne, and Mrs. Priya Bandhavi Anne


Lakshya Powertech IPO Details

Lakshya Powertech IPO Dates16 – 18 October 2024
Lakshya Powertech Issue PriceINR 171 – 180 per share
(Employee Discount INR 15 per share)
Fresh issue27,72,800 shares (INR 47.41 – 49.91 crore)
Offer For SaleNIL
Total IPO size27,72,800 shares (INR 47.41 – 49.91 crore)
Minimum bid (lot size)800 shares (INR 1,44,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

Lakshya Powertech Financial Performance

 FY 2022FY 2023FY 20245M FY 2025
Revenue34.1453.05148.1357.80
Expenses32.7349.29129.1050.43
Net income1.052.7115.685.97
Figures in INR Crores unless specified otherwise

Lakshya Powertech Offer News


Lakshya Powertech Valuations & Margins

FY 2022FY 2023FY 2024
EPS4.3611.3021.75
PE ratio––7.86 – 8.28
RONW (%)26.8241.0149.40
NAV16.2527.5443.41
ROCE (%)17.4220.5536.56
EBITDA (%)5.908.9915.52
Debt/Equity 1.512.190.95
*Compiled by IPO Central from Prospectus

Lakshya Powertech IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
22 October 2024185–1,10,000
21 October 2024185–1,10,000
19 October 2024165–1,00,000
18 October 2024165–1,00,000
17 October 2024165–1,00,000
16 October 2024165–1,00,000
15 October 2024120–75,000
14 October 2024100–68,500
11 October 202480–50,000
10 October 202450–30,000

Lakshya Powertech IPO Subscription – Live Updates

CategoryQIBNIIRetailEmployeeTotal
Shares Offered5,16,8003,96,0008,96,00072,00018,80,800
18 Oct 2024215.461,118.13590.261.54575.88
17 Oct 202412.98206.20250.901.06166.55
16 Oct 20241.3963.7597.340.6460.20

The market maker reservation portion of 1,48,000 shares and anchor allocation of 7,44,000 shares are not included in the above calculations.


Lakshya Powertech IPO Dates & Listing Performance

IPO Opening Date16 October 2024
IPO Closing Date18 October 2024
Finalization of Basis of Allotment21 October 2024
Initiation of refunds22 October 2024
Transfer of shares to demat accounts22 October 2024
IPO Listing Date23 October 2024
Opening Price on NSE SMEINR 342 per share (up 90%)
Closing Price on NSE SMEINR 359.10 per share (up 99.50%)

Lakshya Powertech Offer Lead Manager

GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648
Email: [email protected]
Website: www.gyrcapitaladvisors.com


Lakshya Powertech Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com


Lakshya Powertech Issue Contact Details

LAKSHYA POWERTECH LIMITED
401 Primark Raghavendra Nilayam,
Raghavendra Nagar Kondapur, K.V. Rangareddy,
Serilingampally, Telangana 500084, India,
Phone: +91 9898577752
E-mail: [email protected]
Website: www.lakshyapowertech.com


IPO FAQs

What is Lakshya Powertech offer size?

Lakshya Powertech offer size is INR 47.41 – 49.91 crores.

What is Lakshya Powertech offer price band?

Lakshya Powertech public offer price is INR 171 – 180 per share.

What is the lot size of Lakshya Powertech IPO?

Lakshya Powertech offer lot size is 800 shares.

What is Lakshya Powertech IPO GMP today?

Lakshya Powertech IPO GMP today is INR 185 per share.

What is Lakshya Powertech kostak rate today?

Lakshya Powertech kostak rate today is INR NA per application.

What is Lakshya Powertech IPO Subject to Sauda rate today?

Lakshya Powertech’s Subject to Sauda rate today is INR 1,10,000 per application.

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