Lakshay Powertech IPO Review | Apply or Not? | SME IPO Alert
In this video, We have done lakshay powertech ipo review and analysis for our investors before they apply for this IPO. lakshay powertech ipo subscription opens from 16 Oct 2024 and closes on 18 Oct 2024. Watch the video to get to know about lakshay powertech ipo to understand whether you should apply or not?
Lakshya Powertech Limited is set to launch its IPO. The company specializes in planning and construction for large-scale projects in sectors like oil and gas, power, industrial, and renewable energy. With a valuation of ₹181 crore, it aims to raise ₹75 crore. Let's dive into a quick 1-minute analysis of this upcoming IPO!
1. Finance: On the basis of finance, lakshay Powertech revenue has increased by 179% from 53 Cr to 148 Cr , PAT increased by 478% from 2 cr to 15 cr. Debt is 29 Cr. on the basis of financial we scored 4/5 stars.
2. Order Book: lakshay Powertech has 138 projects with worth of approx. 265 cr. we scored 4 out of 5 stars.
3. Valuations: lakshay Powertech IPO is planning to list on 12 PE which is undervalued in compare to peers.
We will appl for this IPO, What will you do.. Let us know in the comments.
About lakshay powertech ipo
Established in 2012, Lakshya Powertech Limited started as an engineering consultancy firm specializing in mechanical and electrical services. The company quickly expanded from freelance power generation consultancy into operations and maintenance (O&M) for gas-fired power plants and large power generation projects.
By diversifying into the oil and gas sector, the company expanded its services and strengthened its position in the industry. An EPC contract in the renewable energy sector in Malaysia and growth in oil and gas plant maintenance and repair marked the company's global reach.
Lakshya Powertech's services are divided into four main areas: (i) Engineering, Procurement, Construction, and Commissioning; (ii) Integrated Operation and Maintenance Services; (iii) Specialty Services.
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