Likhitha Infrastructure IPO Review, Details, Issue Date, Lot Size
Likhitha Infrastructure is one of India’s leading service providers in the oil and gas pipeline industry and its allied contributors.
Brief Details of Likhitha Infrastructure Compnay
The company was incorporated in the year 1998 and since then it is majorly involved with projects consisting of oil & gas pipelines, projects requiring cross- country pipelines, city-wide gas distribution projects, and assistance in operations and maintenance services of its products to various clients.
The company also has the distinction of being the first company that successfully executed the first of its kind project named “Trans-National Cross-Country Hydrocarbon Pipeline Project” laid between India and Nepal.
The company has more than 20 years of industry expertise. Likhitha Infrastructure has grown tremendously, making its geographical presence felt across more than 16 states and 2 Union Territories, with the successful operation and client base Delhi, Telangana, West Bengal, Andhra Pradesh, Gujarat, Bihar, Madhya Pradesh, Chandigarh, Kerala, Haryana, Uttar Pradesh, and Orrisa.
APPLY FOR IPO ONLINE
The company has strong ties with the big private and public players and has handled manufacturing and distribution services for ONGC, IOCL, HCG, GAIL, etc.
Likhitha Infrastructure at a Glance-
• Pan India presence.
• Humongous client base having both public and private big guns.
• The company has an efficient and progressive business model.
• The company in 20 years of existence has showcased phenomenal project execution.
Likhitha Infrastructure Promoters:
The promoters of the company are-
• Mr. Srinivasa Rao Gaddipati
• Ms. Likhitha Gaddipati
Company financials report-
Summary of financial Information (Restated Consolidated)
Particulars For the financial year (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Assets worth 10,085.61 8,457.38 6,722.91
Revenue worth 16,279.02 14,054.68 8,860.56
Profit made 1,987.93. 1,785.51. 716.22
tax deductions
Objective of the IPO issue-
The proceeds gain by IPO will be used to fulfil the below mentioned objectives-
• To equate the proceeds with the business’s capital requirements.
• To meet the general corporate measures.
• To balance the IPO issue expenditures.
Likhitha Infrastructure IPO Review insights
| IPO issue Date | Sep 29, 2020 – Oct 1, 2020 |
| IPO Issue Type | Book Built Issue IPO |
| IPO Issue Size | 5,100,000 Equivalent Shares costing ₹10(summing up to ₹61.20 Cr) |
| Fresh Issue | 5,100,000 Equivalent Shares costing ₹10 (summing up to ₹61.20 Cr) |
| Face Value | ₹10 per equity share |
| IPO Price range | ₹117- ₹120 per equity share |
| Market Lot | 125 Shares |
| Min Order Quantity | 125 Shares |
| IPO Listing At | BSE, NSE |
Likhitha Infrastructure IPO Tentative Date / Timetable
| IPO Bid/Offer opening | on Sep 29, 2020 |
| IPO Bid/Offer closing | on Oct 1, 2020 |
| Finalisation of IPOs | Oct 7, 2020 |
| Refund Initiation | Oct 8, 2020 |
| Crediting of shares | Oct 9, 2020 |
| IPO Shares Listing Date | Oct 12, 2020 |
Likhitha Infrastructure IPO(retail) lot size and price
Application Lots Shares Cut-off amount
Minimum 1. 125 ₹15,000
Maximum 13 1625 ₹195,000
Likhitha Infrastructure’s total revenue increased by 15.83 percent for the financial year that ended on Mar 31.
The company recorded a net revenue gain of Rs 140.54 crore in the year 2019 and Rs 88.60 crore in the year 2018.
The company also has made new tie-ups and has bagged numerous contracts, eyeing for better growth in the current financial year.
Likhitha Infrastructure IPO promoter holding details
Pre- issue Share Holding 99.96%
Post- issue Share Holding 74.11%
Likhitha Infrastructure IPO Prospectus
Likhitha Infrastructure IPO DRHP
Likhitha Infrastructure IPO RHP
Likhitha Infrastructure address details
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
Likhita Infrastructure Contact details
Phone: 91 40-23752657
Email: info@likhitha.in
Website: http://www.likhitha.co.in/
Likhitha Infrastructure IPO Registrar details
| Company Name /Contact Details | Registrar details |
| Bigshare Services Pvt Ltd | 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai – 400 059 |
| Phone: +91-22-6263 8200 | Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com |
