Lakshya Powertech Limited (NSE SME)
Oct 16, 2024 - Oct 18, 2024
| Price | ₹171 - ₹180 |
| Premium | ₹170 |
|---|---|
| Lot size | 800 |
| Allotment | Oct 21, 2024 |
| Listing | Oct 23, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 144000 | 1120 |
| HNI | 2 | 1600 | 288000 | 495 |
Last updated on 18-Oct-2024 18:30:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 516800 | 111351200 | 215.46 |
| NIB | 396000 | 442782400 | 1118.14 |
| RETAIL | 896000 | 528918400 | 590.31 |
| EMPRET | 72000 | 111200 | 1.54 |
| Total | 1880800 | 1083163200 | 575.91 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 133 |
| NIB | 64154 |
| RETAIL | 661148 |
| EMPRET | 85 |
| Total | 725520 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 9.3 | 2004.32 | 215.46 |
| NIB | 7.13 | 7970.08 | 1118.14 |
| RETAIL | 16.13 | 9520.53 | 590.31 |
| EMPRET | 1.3 | 2 | 1.54 |
| Total | 33.85 | 19496.94 | 575.91 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹52.06 | @8% ₹59.5 | @9% ₹66.94 | @10% ₹74.38 | @11% ₹81.82 | @12% ₹89.25 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹270.19 | @8% ₹308.79 | @9% ₹347.39 | @10% ₹385.99 | @11% ₹424.59 | @12% ₹463.19 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 32.31% | 896000 |
| NII (HNI) | 14.28% | 396000 |
| Anchor | 26.83% | 744000 |
| QIB | 18.64% | 516800 |
| Employee | 2.60% | 72000 |
| Market Maker | 5.34% | 148000 |
| Total | 100.00% | 2772800 |
Lakshya Powertech IPO Details
| Issue Size | 2,772,800 shares (aggregating up to ₹49.91 Cr) |
| Fresh Issue | 2,772,800 shares (aggregating up to ₹49.91 Cr) |
| Employee Discount | Rs 15 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,311,120 |
| Share holding post issue | 10,083,920 |
| Market Maker portion | 148,000 shares Giriraj Stock Broking |
Key Performance Indicator
| KPI | Aug-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROCE | 13.41% | 36.56% | 20.55% |
| RONW | 15.84% | 49.40% | 41.01% |
| D/E | 0.83 | 0.95 | 2.19 |
| EPS (basic) | 8.17 | 21.7 | 271.09 |
| P/E Pre IPO | 8.39 | ||
| P/E Post IPO | 12.67 |
Company Financials
Lakshya Powertech Limited Financial Information (Restated)
Lakshya Powertech Limited's revenue increased by 181% and profit after tax (PAT) rose by 478% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Aug 2024 | Mar 2024 | Mar 2023 | Mar 2022 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 9,415.91 | 8,246.31 | 3,334.85 | 1,758.89 | ||||||||||||||||||||||||||||||||||||
| Revenue | 5,815.38 | 14,941.92 | 5,311.21 | 3,421.39 | ||||||||||||||||||||||||||||||||||||
| Profit | 597.11 | 1,567.77 | 271.09 | 104.58 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3,770.8 | 3,173.71 | 660.98 | 389.89 | ||||||||||||||||||||||||||||||||||||
| Reserves | 3,039.69 | 2,442.6 | 650.98 | 379.89 | ||||||||||||||||||||||||||||||||||||
| Borrowing | 2,916.59 | 2,900.04 | 1,448.67 | 590.43 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Established in 2012, Lakshya Powertech Limited began as an engineering consultancy firm focusing on mechanical and electrical services. Over time, it expanded 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, further strengthening its market presence and demonstrated global reach by securing an EPC contract in the renewable energy sector in Malaysia. Lakshya Powertech operates in four key areas: Engineering, Procurement, Construction, and Commissioning (EPC); Integrated Operation and Maintenance Services; and Specialty Services. To date, the company has successfully completed more than 138 projects, with major projects valued at approximately Rs. 13,690.68 lakhs. As of May 31, 2024, the company employed 912 individuals.
GYR Capital Advisors Private Limited
Project Management Excellence: Proven expertise in delivering high-quality, safe, cost-efficient, and timely project execution.
Solid Order Book & Credentials: Strong growth driven by a robust order pipeline and excellent pre-qualification credentials.
Experienced Professional Team: Integrated operational and management services backed by skilled and seasoned professionals.
Dependence on Competitive Bidding: Failure to qualify for or win future government or private contracts could negatively impact business operations.
Employee Dependency: Loss of key in-house design and engineering staff may disrupt project execution and overall performance.
Leased Premises: Reliance on rented facilities for the Registered Office, Corporate Office, and Workshop poses a potential operational risk.
Phone: 04067162222, 04079611000
Email: Lakshya.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/