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Lakshya Powertech Ltd

Registered Office : A-620&621 Siddhivinayak TowerA,B/H DCP Office Makarba Ji.Park,Ahmedabad Gujarat 380051 Phone : +91 98985 77752
Fax :

Email : investor@lakshyapowertech.com

Website : www.lakshyapowertech.com

Initial public offer of 27,72,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Lakshya Powertech Limited ("The Company" or "LPL" or "The Issuer") at an issue price of Rs. 180 per equity share for cash, aggregating Rs. 49.91 crores ("Public Issue") out of which 1,48,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 180 per equity share for cash, aggregating Rs. 2.66 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and 72,000 equity shares at an issue price of Rs. 165 aggregating Rs. 1.19 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of 25,52,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 180 per equity share for cash, aggregating Rs. 46.31 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 27.50 % and 25.32% respectively of the post-issue paid-up equity share capital of the company. A Discount of Rs. 15 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue

Opens On

Closes On

16-Oct-2024

18-Oct-2024

Money Payable On

Application

Allotment

180.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

45.96

49.91

10.08

180.00

GYR Capital Advisors Pvt Ltd

Projects

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

Funding working capital requirements of the company

General corporate purposes

Promoted By

Rajesh Anne

Priya Bandhavi Anne

Gopala Rao Anne

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd