Lakshya Powertech Limited
Bookbuilding IPO · NSE
- Price band
- ₹171 - ₹180
- Lot size
- 800 shares
- Issue amount
- ₹49.91 cr
- Total subscription
- 575.91×
- Opens
- 16 Oct 2024
- Closes
- 18 Oct 2024
- Allotment
- 21 Oct 2024
- Listing
- 23 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 27,72,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,800
- Fresh issue
- ₹49.91 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,44,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 73,11,120
- Shares after issue
- 1,00,83,920
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,44,000 |
| HNI | 2 | 1,600 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 133 |
| NIB | — | 64,154 |
| RETAIL | — | 6,61,148 |
| EMPRET | — | 85 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.3 | 2,004.32 |
| RETAIL | 16.13 | 9,520.53 |
| EMPLOYEES | 1.3 | 2 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Aug-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 8.17 | 21.7 | 271.09 |
| ROE | 0 | 0 | 0 |
| ROCE | 13.41 | 36.56 | 20.55 |
| RONW | 15.84 | 49.4 | 41.01 |
| PRE IPO(PE) | 8.39 | 0 | 0 |
| POST IPO(PE) | 12.67 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2012, Lakshya Powertech Limited started as an engineering consultancy specializing in mechanical and electrical services. Over the years, it expanded into operations and maintenance for gas-fired power plants and large-scale power projects. The company further strengthened its presence by diversifying into the oil and gas sector and securing an EPC contract in Malaysia’s renewable energy sector, showcasing its global reach. Lakshya Powertech operates in four key areas: Engineering, Procurement, Construction, and Commissioning (EPC); Integrated O&M Services; and Specialty Services. With over 138 completed projects worth approximately ₹13,690.68 lakhs and a workforce of 912 employees as of May 31, 2024, the company continues to grow and make a strong impact in the industry.
Strengths
- Expert Project Execution: Afcons is known for delivering high-quality projects that are safe, cost-efficient, and completed on time.
- Strong Growth & Reputation: With a solid pipeline of projects and top-tier credentials, the company continues to expand successfully.
- Skilled & Experienced Team: Afcons' success is driven by a team of seasoned professionals who bring expertise and efficiency to every project.
Risk factors
- Winning Contracts is Crucial: Afcons relies on competitive bidding to secure government and private projects. Missing out on key contracts could affect its business operations.
- Skilled Team Matters: The company depends on its expert design and engineering staff. Losing key team members could disrupt project execution and overall performance.
- Relying on Rented Spaces: Afcons operates from leased offices and workshops, which could pose potential operational risks in the long run.
Promoters
Mr. Rajesh Anne
Mrs. Priya Bandhavi Anne
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-620 & 621 Siddhivinayak Tower - A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad - 380051
+91 9898577752
[email protected]Company website ↗Understanding LAKSHYA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.