Lakshya Powertech Limited IPO has a ₹135 Grey Market Premium as of October 15, 2024, with a price range from ₹171 to ₹180 per share. Offering lots of 800 shares, the subscription window is open from October 16 to October 18, 2024.
Lakshya Powertech Limited IPO GMP Today
The Grey Market Premium (GMP) for Lakshya Powertech Limited is ₹135 as of October 15, 2024. This assessment coincides with a price from ₹171 to ₹180 per share for the IPO.
Lakshya Powertech Limited IPO Review
Lakshya Powertech Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹5,304.52 lakhs in FY2023 to ₹14,813.46 lakhs in FY2024, while profit after tax increased from ₹271.09 lakhs in FY2023 to ₹1,567.77 lakhs in FY2024, reflecting the company’s effective business expansion.
The company’s equity strengthened from ₹660.98 lakhs in FY2023 to ₹3,273.71 lakhs in FY2024, boosting shareholder returns as the Diluted EPS for FY2024 is ₹21.75 With a healthy balance sheet, NAV per share increased from ₹27.54 to ₹43.41 in FY2024 and further to ₹51.58 in August 2024, Lakshya Powertech showcased strong liquidity and reduced reliance on debt.
To get a full IPO review, click here Lakshya Powertech IPO
Lakshya Powertech Limited IPO Date
Lakshya Powertech Limited will start accepting subscriptions from October 16 to October 18, 2024.
Lakshya Powertech Limited IPO Price
Lakshya Powertech Limited’s price range is from ₹171 to ₹180 per share with a face value of ₹10 each.
Lakshya Powertech Limited
Founded in 2012 as an engineering consultancy specializing in mechanical and electrical services, the company quickly expanded into Operations and Maintenance (O&M) for Gas Power Generation. With strategic diversification into Power Generation and Oil and Gas projects, it further enhanced its global presence through an EPC contract in Renewables in Malaysia and O&M of Oil and Gas facilities.
How To Apply For Lakshya Powertech Limited IPO?
To apply for the Lakshya Powertech Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Lakshya Powertech Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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