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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

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