Lakshya Powertech IPO

Lakshya Powertech Ltd

₹1,36,800 /800 sharesMinimum Investment

Lakshya Powertech IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹180.00₹342.00₹162.00 (90.00%)

Lakshya Powertech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
16 Oct ‘24 - 18 Oct ‘24₹1,36,800800₹171 - ₹180
Issue SizeIPO Doc
49.91Cr
RHP PDF

Subscription rate

As of 18 Oct'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Employees0x
Total529.277208201893x

About Lakshya Powertech

Lakshya Powertech began operations as an engineering consultancy focused on power generation. The company initially offered freelance consultancy services. Over time, the company expanded to include operations and maintenance (O&M) for gas power generation projects. The company now operates across four major sectors: oil and gas, power, renewable energy, and industrial. Lakshya Powertech’s offerings are structured into four key divisions: engineering, procurement, construction & commissioning, integrated operation & maintenance services, and special services.;
Founded in
2012
Managing director
Mr. Rajesh Anne
Parent organisation
Lakshya Powertech Ltd

Strengths & Financials of Lakshya Powertech

Strengths
Risks
Lakshya Powertech is ISO 9001:2015 certified for quality management systems and ISO 45001:2018 certified for occupational health and safety management. The company also has 5S certification for workplace efficiency.
The company claims to have completed more than 138 projects over the years, with major project completions valued at approximately Rs 268.43 crore.
The company claims to strictly follow Health, Safety, and Environment (HSE) standards, ensuring every project meets top-tier safety and environmental requirements.
Lakshya Powertech is expanding into the engineering, procurement, and construction (EPC) sector, particularly in the renewable energy space. The company is focusing on solar park construction and project development.
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 34.14 crore in FY22 to Rs 53.04 crore in FY23 to Rs 148.13 crore in FY24, while PAT increased from Rs 1.04 crore in FY22 to Rs 2.71 crore in FY23 to Rs 14.95 crore in FY24.

Lakshya Powertech Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Lakshya Powertech IPO

Apply asPrice bandApply upto
Regular171 - 180₹2 Lakh
Employee156 - 165₹2 Lakh
High Networth Individual171 - 180₹2 - 5 Lakh
For Lakshya Powertech IPO, eligible investors can apply as Regular & Employee.
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