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Lakshya Powertech IPO Skyrockets with 154.40x Subscription on Day 2 – Dive into the Exciting Details!

Lakshya Powertech Limited's IPO attracted significant investor interest, boasting a 154.40 times subscription on Day 2, reflecting strong confidence and a positive market outlook for the power generation sector.

Lakshya Powertech Limited IPO drew huge investor attention, achieving a remarkable 154.40 times subscription on Day 2. This surge highlights robust confidence and a favorable market outlook for the power generation industry, particularly in operations and maintenance services.

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Lakshya Powertech Limited IPO Subscription Status

Lakshya Powertech Limited IPO surged with a good demand on Day 1 securing a 55.81x subscription, and gained momentum gradually. This shows good investor confidence and a warm market reception.

How to check Lakshya Powertech IPO Subscription Status?

Steps to check Lakshya Powertech Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Lakshya Powertech Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Lakshya Powertech Limited IPO Allotment Status

The allotment date for the Lakshya Powertech Limited IPO is set for October 21, with shares priced from ₹171 to ₹180 per share and a face value of ₹10. The offering consists of lots of 800 shares, with bids accepted for these lots or their multiples.

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Lakshya Powertech Limited IPO Listing Date 

Lakshya Powertech Limited IPO is expected to be listed on the NSE SME on October 23, 2024.

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