Lakshya Powertech Limited
ListedSMECapital Goods / Power · NSE
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.
Price Band
₹171 – ₹180
Issue Size
₹49.91 Cr
Lot Size
800 shares
GMP
₹170
+94.4%
Est. Listing
₹350
at current GMP
Subscribed
575.91x
overall
Open
16 Oct 2024
Close
18 Oct 2024
Allotment
21 Oct 2024
Refund
22 Oct 2024
Demat Credit
23 Oct 2024
Listing
23 Oct 2024
Last updated 12 days ago
Overall Subscription
575.91x
Total Demand
QIB Multiplier
215.46x
Institutions & Funds
NII / HNI
1118.14x
High Net-Worth
Retail (RII)
590.31x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 516,800 | 111,351,200 | 215.46x |
| NIB | 396,000 | 442,782,400 | 1118.14x |
| RETAIL | 896,000 | 528,918,400 | 590.31x |
| EMPLOYEES | 72,000 | 111,200 | 1.54x |
| Total | 1,880,800 | 1,083,163,200 | 575.91x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 133 | 0.00x |
| NIB | — | 64,154 | 0.00x |
| RETAIL | — | 661,148 | 0.00x |
| EMPRET | — | 85 | 0.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Lakshya Powertech Limited Public Issue & Market Profile
Lakshya Powertech Limited is bringing an initial public offering (IPO) in the Capital Goods / Power sector with an aggregate issue size of ₹49.91 Crores. The shares are offered at a price band of ₹171 to ₹180 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-10-18, the basis of allotment is scheduled to be finalized on 2024-10-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Lakshya Powertech Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Lakshya Powertech Limited IPO is ₹170 per equity share. Based on the upper price band of ₹171 to ₹180 per equity share, the estimated listing price is ₹350 (+94.4% expected listing gain).
What is the expected profit per lot for Lakshya Powertech Limited IPO?
With a lot size of 800 shares and current GMP of ₹170, the expected profit per application lot is approx ₹1,36,000 (+94.4% gain). Minimum application cost is approx ₹1,44,000.
What is the issue size and price band for Lakshya Powertech Limited IPO?
The Lakshya Powertech Limited IPO aggregate issue size is ₹49.91 Crores with an equity price band set at ₹171 to ₹180 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,44,000.
How can I check Lakshya Powertech Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 575.91x (Retail: 590.31x, QIB: 215.46x, NII: 1118.14x). You can track live multiples directly on our dedicated subscription page.
Where and when will Lakshya Powertech Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-10-21. Investors can verify status using PAN card or application number.
When is the listing date for Lakshya Powertech Limited IPO?
Lakshya Powertech Limited shares are scheduled to list on NSE on 2024-10-23.