Lakshya Powertech Limited

Company Profile
Company Name Lakshya Powertech Limited
Open Date 16-10-2024
Close Date 18-10-2024
Exchange NSE SME
Lot Size 800 Shares
Issue Price ₹171 to ₹180 per share
Issue Size 2,772,800 shares
Application Amount ₹1,44,000
Recommendation Apply
Established in 2012 the company has their registered office in Ahmedabad, Gujrat, India. Business Activity: Lakshya Powertech Limited is a diversified engineering company engaged in the Oil and Gas, Power, Renewable Energy, and Industrial sectors. The company offers a range of services, including Engineering, Procurement, Construction & Commissioning (EPCC), Integrated Operation & Maintenance, and specialized services. Revenue Mix: As of the period ended August 31, 2024, EPCC services accounted for 50.12% of revenue, followed by Integrated Operation & Maintenance at 40.61%. Special services contributed 9.27%. Sector-wise Bifurcation: Private entities constitute most of the revenue, contributing 86.73% in the period ended August 31, 2024. Public Sector Undertakings account for the remaining 13.27%. Geographic Concentration: Domestic projects dominate the company's revenue (with Jharkhand, Rajasthan and Maharashtra forming 43.20%, 22.07% and 14.76% of total revenue as of FY 24 respectively) with international projects contributing minimally. As of September 2024, the company had 900 permanent employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Aug-24
Revenue 3,414.33 5,304.52 14,813.46 5,780.43
EBITDA 201.00 474.13 2,199.03 938.58
Net Profit 104.58 271.09 1,567.77 597.11
RoCE 32.98% 31.95% 60.43% 22.24%
ROE 26.82% 41.01% 47.89% 15.04%
P/E 11.26 - 8.77 54.05

Tentative Timeline

Opening Date 16-10-2024
Closing Date 18-10-2024
Basis of Allotment 21-10-2024
Initiation of Refunds 22-10-2024
Credit of Shares to Demat 22-10-2024
Listing Date 23-10-2024

Objects of the Issue

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
Funding working capital requirements of the Company; and
General Corporate Purposes

Contact Information

Registered Office Lakshya Powertech Limited A-620 & 621 Siddhivinayak Tower - A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad - 380051
Phone +91 9898577752
Email investor@lakshyapowertech.com
Website https://www.lakshyapowertech.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email Lakshya.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
Retail Shares Offered Not more than 35.00% of the Net Issue
NII (HNI) Shares Offered Not more than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 95.47%
Shareholding Post Issue (Promoters) 69.22%

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