Lakshya Powertech Limited IPO
Lakshya Powertech Limited was a SME IPO in the Civil Construction sector, offered at ₹171–₹180 per share to raise ₹50 crore. It listed on 23 Oct 2024 at ₹342 and closed its first day at ₹359, a listing gain of +99.5% versus the ₹180 issue price. It now trades around ₹95 (-47.2% versus the issue price).
Frequently asked questions
- What were the Lakshya Powertech Limited IPO listing gains?
- Lakshya Powertech Limited listed on 23 Oct 2024 at ₹342, closing its first day at ₹359 — a listing gain of +99.5% versus the ₹180 issue price.
- What was the price band and lot size of the Lakshya Powertech Limited IPO?
- The price band was ₹171–₹180 per share, with a minimum lot of 800 shares (₹1,44,000 at the upper band).
- Who were the registrar and lead manager for the Lakshya Powertech Limited IPO?
- KFIN Technologies Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.