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Lakshya Powertech IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Engineering sector. GYR Capital Advisors Private is the merchant banker of Lakshya Powertech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd June 2024.
Lakshya Powertech IPO open date is 16th October 2024 and close date is 18th October 2024. IPO Allotment Date is 21st October 2024 and Listing date is 23rd October 2024.Lakshya Powertech IPO size is Rs 49.91 Cr. crores with IPO price of Rs 180.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the Lakshya Powertech IPO. Kfin Technologies Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Lakshya Powertech IPO.
Lakshya Powertech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 11.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Paradise Moon Investment | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| Rajasthan Global Securities | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| Knightstone Capital LLP | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| HDFC BANK LIMITED | 81,600.00 | ₹180.00 | ₹14,688,000.00 |
| Vikasa India EIF | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| FINAVENUE CAPITAL TRUST | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| AL Maha Investment | 158,400.00 | ₹180.00 | ₹28,512,000.00 |
| Saint Capital Fund | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| Abundantia Capital VCC | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| Veloce AIF - | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
| Coeus Global Opportunities | 56,000.00 | ₹180.00 | ₹10,080,000.00 |
Lakshya Powertech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Lakshya Powertech IPO, based in Ahmedabad, operates in the Engineering sector with a focus on engineering consultancy firm specializing in mechanical and electrical services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Lakshya Powertech IPO size is ₹ 49.91 Cr. Crores with fresh issue size of Rs 49.91 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Lakshya Powertech IPO is expected to be 21st October 2024, after the finalization of basis of allotment. Investors can check Lakshya Powertech IPO allotment status on the registrars website, Kfin Technologies Limited. Lakshya Powertech IPO refund dates are 22nd October 2024.
Lakshya Powertech IPO is expected to be listed on 23rd October 2024.
The upper price band for the Lakshya Powertech IPO is set at ₹ 180.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Lakshya Powertech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Lakshya Powertech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th October 2024. After submission, funds are blocked until the basis of allotment of Lakshya Powertech IPO is finalised.
The merchant banker for Lakshya Powertech IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Lakshya Powertech IPO RHP for further details.
The registrar for Lakshya Powertech IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Lakshya Powertech IPO through their official website or helpline.
Lakshya Powertech IPO was subscribed 573.36 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 49.91 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.78 Cr.
Sector: Engineering
SME IPO so far:
49
Merchant Banker:
GYR Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 1.39 cr.
PE
Ratio:
12.67x
Average Sector PE Ratio: 15.16x
Lakshya Powertech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Lakshya Powertech Financial Review Page
Merchant Banker(s) of Lakshya Powertech IPO: GYR Capital Advisors Private Limited
Lakshya Powertech IPO subscription was 573.36 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Lakshya Powertech IPO listed at a listing price of 359.10 against the offer price of 180.00.
The current market price of Lakshya Powertech is 175.55.
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