243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Locksworth Infrastructure Limited

New Delhi

Date of DRHP : 08 Jul 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Locksworth Infrastructure Basic Details

   Engineering - Heavy Machinery

Sub Sector: providing specialized services of engineering, execution, testing, commissioning operation and maintenance

Exchange:
BSE Emerge

About the Company

Locksworth Infrastructure is an Engineering, Procurement and Construction (EPC) company providing specialized services of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment, civil and electrical engineering for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, etc. Locksworth Infrastructure strive to provide innovative, integrated and satisfactory customized solutions to their clients as per their specific needs. their mechanical engineering service portfolio include Fabrication & Erection of Structural work on Procurement & Construction basis, Fabrication and erection of Piping such as CS/SS/Alloy steel including above ground and underground, ARC (Annual Rate of Maintenance) maintenance of refineries, Petrochemicals, Fertilizer Plant, etc., Turnaround (Shutdown) works, Insulation and Refractory work, Electrical and Instrumentation, Wagon Tipplers, Conveying system, Scaffolding work, Torquing & Bolting and NDT services (Radiology)-(Non-Destructive Testing (NDT) method which uses either x-rays or gamma rays to examine the internal structure of manufactured components identifying any flaws or defects. their electrical engineering services encompass a wide range of activities related to the design, development, testing, installation and maintenance of electrical systems and equipment. These services are crucial in various industries including construction, manufacturing, telecommunications, energy, transportation, etc. Some of their services in this domain include Power Distribution which is implementing systems for distribution of electrical power within buildings, industrial plants, or larger networks. Performing tests and inspections to ensure that electrical systems meet performance requirements and comply with safety standards. This includes testing for insulation resistance, continuity, voltage drop, and load capacity. their civil engineering services encompass a broad range of activities related to planning, design, construction, and maintenance of infrastructure and designing the structural components of buildings, bridges, dams, and other infrastructure to ensure they can withstand loads and environmental forces. This includes calculating structural loads, selecting the materials, etc. and overseeing the construction process to ensure that projects are built according to design specifications, within budget, and on schedule. This involves overseeing all aspects of the project lifecycle to ensure successful outcomes. Most of their contract comes from their existing clients. The pricing of their services is determined based on type of work and estimated duration within which it needs to be completed as well as the type of equipment’s required. The prices are determined by negotiating directly with the client. In general, their services are provided to the clients on credit basis, and Locksworth Infrastructure maintain an ongoing account receivable from clients. The clients generally settle the account on periodic basis. Locksworth Infrastructure believe Procurem net Construction Engineerin that the high levels of customer retention and growth in the number of customers reflects the value proposition Locksworth Infrastructure provide and positions us for further growth.

Financial Summary (Annualised Basis)

Revenue :
6.25 Cr.

PAT :
0.86 Cr.

Locksworth Infrastructure IPO Lead Manager(s)

GYR Capital Advisors Private Limited

Locksworth Infrastructure IPO Registrar

Bigshare Services Private Limited

Locksworth Infrastructure DRHP Details

Objects of issue

  • Funding working capital requirements of the company and
  • General Corporate Purposes.

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FAQs

Locksworth Infrastructure operates in Engineering - Heavy Machinery and providing specialized services of engineering, execution, testing, commissioning operation and maintenance. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Locksworth Infrastructure is Fixed Price Issue and Object of issue is

  • Funding working capital requirements of the company and
  • General Corporate Purposes.

The DRHP (Draft Red Herring Prospectus) of Locksworth Infrastructure IPO was filed on 08 Jul 2024.

No, Locksworth Infrastructure IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Locksworth Infrastructure are not available now. You can apply in Locksworth Infrastructure IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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