Lakshya Powertech SME IPO Details, Financials, Valuation & Peers
Explore Lakshya Powertech IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Incorporated in 2012, Lakshya Powertech Limited is an engineering and contracting company known for its expertise in mechanical and electrical services. Initially starting as a freelancing consultancy for power generation, the company has grown to offer a wide array of services in multiple sectors, including power, oil and gas, renewable energy, and industrial projects. The company specializes in Engineering, Procurement, Construction & Commissioning (EPCC), Integrated Operations & Maintenance (O&M) services, and special technical services. Lakshya Powertech’s global reach, strengthened by projects in sectors like oil and gas and renewable energy, extends across India and internationally, with significant projects in Malaysia. The company also provides cutting-edge solutions to ensure uninterrupted power supply to data centers, Lakshya Powertech has completed over 138 projects and continues to expand with ongoing ventures.
Key Points:
- Core Services: The company offers a wide range of services, including Engineering, Procurement, Construction & Commissioning (EPCC), Integrated Operations & Maintenance (O&M), and specialized services like testing, commissioning, and retrofitting.
- Global Expansion: Lakshya Powertech has successfully executed international projects, including renewable energy EPCC contracts in Malaysia, showcasing its global reach.
- Ongoing Projects: As of August 2024, the company is managing 45 ongoing projects with a total confirmed value of ₹431.99 crore, demonstrating its strong project pipeline.
- Data Center Operations: The company plays a crucial role in the digital infrastructure space by providing emergency power generation and fuel handling systems for data centers in Mumbai and Pune.
- Execution Capabilities: The company has completed over 138 projects and continues to expand its service portfolio with a robust focus on delivering excellence.
Objects of the Issue
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Compan
- Funding working capital requirements of the Company
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 Oct - 18 Oct 2024 |
| IPO Price Band | ₹171 - ₹180 per share |
| Fresh Issue | 27,72,800 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹49.91 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 Oct 2024 |
| IPO Closing Date | 18 Oct 2024 |
| Basis Of Allotment | 21 Oct 2024 |
| Refunds | 21 Oct 2024 |
| Demat Transfer | 22 Oct 2024 |
| IPO Listing Date | 23 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| Total Income | 34.21 | 53.11 | 149.42 | 58.15 |
| Total Expenses | 32.73 | 49.29 | 129.05 | 50.43 |
| Net Profit/Loss | 1.05 | 2.71 | 15.68 | 5.97 |
| NPM (*) | 3.06 | 5.11 | 10.58 | 10.33 |
| Total Assets | 17.59 | 33.35 | 82.46 | 94.16 |
| Total Liabilities | 13.69 | 26.74 | 49.73 | 54.45 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| EPS | 4.36 | 11.30 | 21.75 | 8.17 |
| ROE (%) | 30.98 | 51.59 | 81.77 | 17.20 |
| ROCE (%) | 17.42 | 20.55 | 36.56 | 13.41 |
| D/E Ratio | 1.51 | 2.19 | 0.95 | 0.83 |
| Current Ratio | 1.19 | 1.53 | 1.53 | 1.57 |
| EBITDA MARGIN (%) | 5.90 | 8.99 | 15.52 | 16.29 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Lakshya Powertech Limited | 148.13 | 8.28 | 21.75 | 49.40 | 43.41 |
| Asian Energy Services Limited | 305.06 | 53.56 | 6.48 | 9.19 | 68.35 |
| Engineers India Limited | 3,280.86 | 23.86 | 7.92 | 19.74 | 40.12 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 212.18 |
| Non-Institutional Investor (NII/HNI) | 1117.75 |
| Retail Individual Investor (RII) | 590.26 |
| Total | 573.36 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. RAJESH ANNE
- MRS. PRIYA BANDHAVI ANNE
Lead Managers
- GYR Capital Advisors Private Limited
Company Address
Lakshya Powertech Limited
A-620 & 621 Siddhivinayak Tower - A, B/H DCP Office, Off. S.G. Highway, Makarba, Jivraj Park, Ahmedabad, Gujarat380051, India
Phone: +91 9898577752
Email: investor@lakshyapowertech.com
Website: www.lakshyapowertech.com
FAQs
- What is the issue size of the Lakshya Powertech SME IPO?The Lakshya Powertech SME IPO has an issue size of ₹49.91 crore. This includes a fresh issue of 27,72,800 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Lakshya Powertech IPO?The price band for the Lakshya Powertech IPO is ₹171 - ₹180 per share.
- What are the bidding dates for the Lakshya Powertech IPO?The Lakshya Powertech IPO will open for bidding on 16 Oct 2024 and close on 18 Oct 2024.
- What is the allotment date for the Lakshya Powertech IPO?The allotment date for the Lakshya Powertech IPO is 21 Oct 2024.
- What is the listing date for the Lakshya Powertech IPO?The listing date for the Lakshya Powertech IPO is 23 Oct 2024.
- What is the Lakshya Powertech IPO grey market premium?The grey market premium (GMP) for the Lakshya Powertech IPO is currently at ₹170, with an expected listing gain of approximately 94.44%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.