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Objective of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- 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.
IPO Details, Price, Market Lot
| Lakshya Powertech IPO Details | |
| IPO Open Date | 16 October 2024 |
| IPO Close Date | 18 October 2024 |
| IPO Issue Size | 27,72,800 Shares (Aggregating up to ₹49.91 Cr) |
| Fresh Issue | 27,72,800 Shares (Aggregating up to ₹49.91 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35.00% of the offer |
| NII Portion | Not less than 15.00% of the offer |
| QIB Portion | Not more than 50.00% of the offer |
| Listing At | NSE SME |
| Lakshya Powertech IPO Price | |
| Face Value | ₹10 per share |
| IPO Price Band | ₹171 to ₹180 per share |
| Employee Discount | ₹15 per share |
| IPO Issue Type | Book Built Issue |
| Lakshya Powertech IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 1 Lot (800 Shares) |
| Minimum Amount (Cut-off price) | ₹1,44,000 |
| Maximum Lot Size | 1 Lot (800 Shares) |
| Maximum Amount (Cut-off price) | ₹1,44,000 |
| Lakshya Powertech IPO Market Lot For HNI | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 2 Lots (1600 Shares) |
| Minimum Amount (Cut-off price) | ₹2,88,000 |
IPO Date, Listing Date, Allotment Date
| Lakshya Powertech IPO Time Table (Tentative) | |
| IPO Open Date | 16 October 2024 |
| IPO Close Date | 18 October 2024 |
| Basis of Allotment Date | 21 October 2024 |
| Initiation of Refunds | 22 October 2024 |
| Credit of Share to Demat Account | 22 October 2024 |
| IPO Listing Date | 23 October 2024 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 August 2024 | 9,415.91 | 5,815.38 | 597.11 | 3,770.80 | 2,916.59 |
| 31 March 2024 | 8,246.31 | 14,941.92 | 1,567.77 | 3,173.71 | 2,900.04 |
| 31 March 2023 | 3,334.85 | 5,311.21 | 271.09 | 660.98 | 1,448.67 |
| 31 March 2022 | 1,758.89 | 3,421.39 | 104.58 | 389.89 | 590.43 |
| Period Ended | 31 August 2024 | 31 March 2024 | 31 March 2023 | 31 March 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 |
| P A T | 597.11 | 1,567.77 | 271.09 | 104.58 |
| Net Worth | 3,770.80 | 3,173.71 | 660.98 | 389.89 |
| Borrowings | 2,916.59 | 2,900.04 | 1,448.67 | 590.43 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 96.84% |
| Post Issue Promotor Holding |
Company Address
A-620 & 621 Siddhivinayak Tower – A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad – 380051
- Phone: +919898577752
- Email: investor@lakshyapowertech.com
- Website: https://www.lakshyapowertech.com/
IPO Registrar, Lead Manager, Prospectus
| Lakshya Powertech IPO Prospectus |
| Lakshya Powertech IPO Registrar |
| Kfin Technologies Limited |
| Lakshya Powertech IPO Lead Manager |
| GYR Capital Advisors Private Limited |
