Likhitha Infrastructure Ltd IPO

Likhitha Infrastructure Ltd IPO

Likhitha Infrastructure Ltd IPO is a Mainstream IPO, which is open for all investors from 29th September 2020, Tuesday to 1st October 2020, Thursday. Promoters are offering 5,100,200 equity shares to public through this issue which is worth of Rs 61.2 Crores. For other IPO details on Likhitha Infrastructure Ltd IPO, scroll below

IPO Details

Grey Market Premium of Likhitha Infrastructure Ltd IPO

Likhitha Infrastructure Ltd IPO is currently Not Available. Grey Market Premium will be updated once it’s available

Expected Listing Gains

Current Subscription Level
Expected Listing Gain/Loss( in Rs)
Expected Open Price (in Rs)
The IPO is yet to be opened; Once it is live, you will get the realtime expected listing gains value 0 #N/A #N/A

Company Background

Likhitha Infrastructure Ltd is a Hyderabad based an oil and gas pipeline infrastructure service provider, with an annual revenue of Rupees 16,279.02 lakhs.

  • Company has a trademark in its name
  • Company has 774 employees on its payroll
  • Insurance policies include storage cum erection policy, workman compensation policy, marine cargo
    policy, marine cum erection policy, vehicle insurance policy, public liability policy and contractors all risk insurance policy.

Date of Incorporation

Likhitha Infrastructure Ltd was incorporated as “Likhitha Constructions Private Limited” on 30th March 1998. Company was finally converted into a public limited company on 12th February 2020 with a Corporate Identification Number, U45200TG1998PLC029911

Promoters of Likhitha Infrastructure Ltd

Mr. Srinivasa Rao Gaddipati and Ms. Likhitha Gaddipati are the promoters of the company.

Product & Services Offered

The company is engaged in providing oil & gas pipelines, city gas distribution projects, Cross-Country Pipeline Projects, and operations and maintenance services as well

  • Has executed the first Trans-National Cross Country Hydrocarbon Pipeline Project between India and Nepal.

Clientele base of the company

Company caters

  • 16+ states and 2 Union Territories in India
    • Delhi, West Bengal, Telangana, Gujarat, Andhra Pradesh, Madhya Pradesh, Bihar, Chandigarh, Haryana, Kerala, Orissa, Uttar Pradesh, etc
  • Company has a strong client base in India including both the private and public players such as ONGC, HCG, IndianOil, GAIL, etc

Purpose of this IPO

Purpose of the issue:

  • To meet IPO issue expenditures
  • General corporate purpose
  • Working capital requirement

Likhitha Infrastructure Ltd IPO Issue Details

Issue Details
Issue Open 29th Sept 2020, Tuesday Issue Close 1st Oct 2020, Thursday
Issue Type Fixed Price IPO Issue Face Value Rs 10 Per Equity Share
Price Band ₹117 to ₹120 per equity share Bid Lot & Minimum order quantity
Issue Size ₹61.20 Crore Listing at BSE NSE

IPO Timeline

Tentative IPO Timeline
Bid Opens on 29th Sept 2020, Tuesday Bid Closes on 1st Oct 2020, Thursday
Finalization of basis of allotment 7th Oct 2020, Wednesday Initiation of Refunds 8th Oct 2020, Thursday
Credit of shares to demat account 9th Oct 2020, Friday Listing Date 12th Oct 2020, Monday

Company Financials

For the year/period ended (₹ in lakhs)
Total Assets 10,085.61 8,457.38 6,722.91
Total Revenue 16,279.02 14,054.68 8,860.56
Profit After Tax 1,987.93 1,785.51 716.22

Ratings & Reviews of Likhitha Infrastructure Ltd IPO

The IPO is yet to be reviewed by experts

Investors are advised to conduct proper due diligence before investing in this IPO

Red Herring Prospectus of Likhitha Infrastructure Ltd IPO

IPO Lead Managers

Unistone Capital Pvt Ltd is managing the IPO

Address of Nirmitee Robotics India LtdLikhitha Infrastructure Ltd

Likhitha Infrastructure Ltd
Flat No. 701, Plot No.8-3-940 and 8-3-940/A to E
Tirumala Shah Residency, Yellareddy Guda, Ameerpet
Hyderabad – 500073
Phone: 91 40-23752657

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