Lakshya Powertech IPO

Lakshya Powertech IPO offers 27,72,800 fresh shares worth INR 49.91cr, aimed at repaying borrowings, funding working capital, and for general corporate purposes.

Important Details

Open Date : October 16, 2024 Close Date : October 18, 2024 Allotment Date: October 21, 2024 Listing Date: October 23, 2024

Important Details

IPO Price: INR 171-180 per share Lot Size: 800 Shares Total Issue Size: INR 49.91 crores

Fundamental Analysis

Lakshya Powertech IPO shows mixed performance: 1. Strong revenue growth & profitability. 2. Reduced leverage and stable liquidity. 3. High return on equity. 4. Consistent EPS & NAV growth. 5. Debt reduction and improved financial ratios.

Peer Comparison

1. Lakshya Powertech: Highest RoNW at 49.40% with ₹14,813.46L total income. 2. Engineers India: Leads in total income at ₹3,50,002.30 lakhs. 3. Asian Energy Services: Moderate figures.

Objective

Lakshya Powertech IPO Objective: 1. ₹4.50 crores to repay borrowings. 2. ₹30 crores for working capital. 3. Remaining for general corporate purposes, including operating expenses and project development.

Risks And Challenges

Lakshya Powertech IPO Risks: 1. Project delays may lead to liquidated damages and impact cash flows. 2. Rising raw material and labor costs could weaken financial health. 3. Negative cash flow poses risks.