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Liotech Industries Ltd IPO
Liotech Industries Ltd
₹2,56,800 /800 sharesMinimum investment
IPO details
Minimum investment
₹2,56,800
Price range
₹321 - ₹321
Lot size
400
Issue size
36.02 Cr
Face value
10
IPO document
Subscription rate
Data will be available soon
Schedule
17 Jun 2026
IPO open date
19 Jun 2026
IPO close date
22 Jun 2026
Allotment date
22 Jun 2026
Funds unblock or debit
24 Jun 2026
Tentative listing date
About
Founded in
2020
MD/CEO
Mr. Hiteshbhai Mansukhbhai Bhuva
Parent organisation
Liotech Industries Ltd
Liotech Industries Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
Liotech Industries manufactures a wide range of hardware structures and accessories, including door kits, hinges, gate hooks, aldrops, locks, handles, tower bolts, and shelf bottoms. The company states that it offers more than 150 product specifications catering to sectors such as housing, infrastructure, agriculture, automotive, cement, mining, solar energy, and general engineering.
The company claims to provide customised manufacturing solutions based on customer specifications related to product dimensions, thickness, length, and design requirements. It also undertakes trading of supplementary products such as door stoppers, magnets, table brackets, bed lifters, and bell magnets, which broaden its product portfolio.
Liotech Industries operates a manufacturing facility in Rajkot, Gujarat, spread across approximately 12,632 square feet. The company claims that its facility is equipped with plant and machinery for fabrication and production activities, along with process controls and automation systems intended to support manufacturing efficiency and quality standards.
The company is ISO 9001:2015 certified for quality management systems related to the design and manufacture of hardware products, including hinges, handles, tower bolts, magnets, brackets, and related accessories. It has also received a certificate of compliance from the UK Certificate and Inspection under the Construction Products (CPD/CPR) Council Directive 89/106/EEC and Regulation (EU) No 305/2011 for specified products.
The company follows a B2B operational model and claims to provide end-to-end product solutions covering designing, manufacturing, quality testing, packaging, and logistics. Its manufacturing unit in Gujarat is positioned to support supply and delivery requirements for customers across multiple states and Union Territories in India.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 8.49 crore in FY23 to Rs 27.86 crore in FY24 to Rs 40.68 crore in FY25, while PAT increased from Rs 0.34 crore in FY23 to Rs 2.93 crore in FY24 to Rs 4.16 crore in FY25.
The top 10 customers contributed Rs 37.19 crore (91.43%), Rs 27.27 crore (97.87%), and Rs 8.36 crore (98.45%) of the company’s revenue during FY25, FY24, and FY23, respectively. Any failure to retain these key customers, generate business from new customers, or any reduction in orders from existing customers could adversely affect the company’s business, financial condition, and cash flow.
The top 10 suppliers contributed Rs 34.12 crore (96.25%), Rs 25.32 crore (98.21%), and Rs 7.46 crore (99.38%) of the company’s total purchases during FY25, FY24, and FY23, respectively. Any disruption in supplies from these key suppliers, inability to procure raw materials at competitive prices, or volatility in the prices of key raw materials could adversely affect the company’s operations, profitability, and financial condition.
The company’s manufacturing facility is located in Rajkot, Gujarat, and a significant portion of its revenue is generated from the western region, which contributed Rs 21.05 crore (51.74%), Rs 19.16 crore (68.77%), and Rs 7.95 crore (93.63%) during FY25, FY24, and FY23, respectively. Any adverse economic, political, social, regulatory, or environmental developments in Gujarat or the western region could disrupt the company’s operations and negatively impact its business, financial condition, and results of operations.
The company recorded negative cash flows from operating activities amounting to Rs 0.52 crore and Rs 0.71 crore in FY24 and FY23, respectively. It also reported negative cash flows from investing activities amounting to Rs 4.15 crore, Rs 3.20 crore, Rs 2.28 crore, and Rs 0.46 crore during the period ended December 31, 2025, FY25, FY24, and FY23, respectively. If the company is unable to generate sufficient cash flows from its operations and cash outflows continue to exceed inflows in certain activities, it may face liquidity constraints that could adversely affect its growth plans and financial condition.
The company’s trade receivables stood at Rs 8.26 crore, Rs 5.91 crore, Rs 4.86 crore, and Rs 0.63 crore as of December 31, 2025, FY25, FY24, and FY23, respectively. Any failure to collect these receivables on time, or at all, could adversely affect the company’s cash flows, working capital position, and financial condition.
As of December 31, 2025, the company had outstanding borrowings of Rs 4.81 crore, all of which were secured borrowings. Any failure to service or repay these borrowings in accordance with their terms could adversely affect the company’s cash flows, financial condition, and ability to raise additional capital in the future.
Application details
For Liotech Industries IPO, eligible investors can apply as Individual investor.
| Apply as | Price band | Apply range | Lot size |
|---|---|---|---|
| Individual investor | ₹321 - ₹321 | ₹2 - ₹5 Lakhs | 400 |
About
Objectives of Liotech Industries IPO Proceeds
|
Particulars |
Estimated Amount (in ₹ Cr.) |
|
Capital expenditure towards acquiring machinery |
8.00 |
|
Repayment of certain outstanding borrowings availed by the Company |
4.95 |
|
Working capital requirements |
7.00 |
|
General corporate purposes |
4.33 |
|
Total |
24.28 |
Book Running Lead Managers & Registrar of Liotech Industries IPO
|
Book Running Lead Manager |
Wealth Mine Networks Private Limited |
|
Registrar to the Issue |
KFin Technologies Limited |
|
Market Maker |
Aikyam Capital Private Limited |
Key Performance Indicators (KPIs) of Liotech Industries Ltd.
|
KPI |
Value as of March 31, 2025 |
|
ROE (%) |
39.86 |
|
ROCE (%) |
50.43 |
|
EBITDA Margin (%) |
16.13 |
|
PAT Margin (%) |
10.23 |
|
Debt/ Equity Ratio |
0.40 |
|
EPS (basic and diluted) (₹) |
13.88 |
|
Return on Net Worth (RoNW) (%) |
39.86 |
|
NAV per Equity Share (₹) |
34.82 |
Liotech Industries IPO Contact Details
|
Company Name |
Liotech Industries Limited |
|---|---|
|
Registered Office |
Shapar Sr. No. 269 P 2, New Sr. No. 464, Plot No 21, Kotdasanagani, Shapar, Rajkot-360024, Gujarat, India. |
|
Phone |
+91 99787 60610 |
|
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|
|
Website |
Liotech Industries IPO Registrar Contact Details
|
Company Name |
KFin Technologies Limited |
|
Phone |
+ 91 406716 2222 |
|
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Website |