Likhitha Infrastructure Ltd IPO
Mainboard₹15,000 / 125 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2020-10-07 17:00:00 |
| QIBs | 21.99 |
| NII | 1.54 |
| Retail | 23.71 times |
| Total | 9.51 times |
Likhitha Infrastructure Ltd IPO Details
The Likhitha Infrastructure Ltd IPO price band is set between ₹117 to ₹120 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Sep, 2020 and closes on 7 Oct, 2020. Investors can check the allotment status on 13 Oct, 2020, while the listing date is tentatively scheduled for 15 Oct, 2020.
The total issue size is 5,100,000 Eq Shares of ₹10, aggregating up to ₹61.20 Cr. Stay tuned for the latest Likhitha Infrastructure Ltd IPO review and GMP updates.
Likhitha Infrastructure Ltd IPO Review, Rating & Analysis
Likhitha Infrastructure Ltd IPO Review
NO REVIEWLikhitha Infrastructure Ltd IPO Rating
Likhitha Infrastructure Ltd IPO Highlights
IPO Date
Sep 29, 2020 - Oct 7, 2020
Listing Date
15 Oct, 2020
Face Value
₹10 Per Equity Share
Price Band
₹117 to ₹120 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Likhitha Infrastructure Ltd IPO Lot Size
The minimum market lot for Likhitha Infrastructure Ltd IPO is 125 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| Retail (Max) | 13 | 1625 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1750 | ₹2,10,000 |
| S-HNI (Max) | 66 | 8250 | ₹9,90,000 |
| B-HNI (Min) | 67 | 8375 | ₹10,05,000 |
Likhitha Infrastructure Ltd IPO Timeline
Issue Price
₹117 to ₹120 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Unistone Capital Pvt LtdIssue Size
5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr)Fresh Issue: 5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr)Likhitha Infrastructure Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 March 20 | 100.85 | 162.79 | 19.87 | - | - | - |
| 31 Mar 19 | 84.57 | 140.54 | 17.85 | - | - | - |
| 31 Mar 18 | 67.22 | 88.60 | 7.16 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Srinivasa Rao Gaddipati
- Ms. Likhitha Gaddipati
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Likhitha Infrastructure was established in the year 1998 and engaged in the current line of business since its inception. The Company is engaged in the business of Pipeline Laying providing comprehensive erection, testing, and commissioning of Oil & Gas Pipelines, City Gas Distribution Projects, and Operation and Maintenance (O & M) Services. Their operations include three principal business lines:
(i) Cross Country Pipelines and associated facilities;
(ii) City Gas Distribution including CNG Stations; and
(iii) Operation & Maintenance of CNG/PNG services.
Likhitha Infrastructure Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,550,000 | 765,000 | 1,785,000 | 5,100,000 |
Day 1 -29-09-20 05:10 PM | 0.02 x | 0.85 | 2.49 x | 1.01 x |
Day 2 -30-09-20 05:00 PM | 0.03 x | 3.20 | 7.47 x | 3.11 x |
| IPO Extended | 51,000 x | 3,264,000 | N/A x | N/A x |
| Shares Offered / Reserved (Updated Oct 01) | 22.48 x | 1.26 | 1,785,000 x | 5,100,000 x |
Day 3 -01-10-20 06:00 PM | 22.48 x | 1.27 | 21.13 x | 8.43 x |
Day 4 -05-10-20 05:00 PM | 22.48 x | 1.41 | 23.90 x | 9.40 x |
Day 5 -06-10-20 05:00 PM | 21.99 x | 1.54 | 23.93 x | 9.50 x |
Day 6 -07-10-20 05:00 PM | 23.71 x | 9.51 x |
Frequently Asked Questions about Likhitha Infrastructure Ltd IPO IPO
When will Likhitha Infrastructure Ltd IPO open for subscription?
The Likhitha Infrastructure Ltd IPO opens on 29 Sep, 2020 and closes on 7 Oct, 2020.
What is the investors portion for Likhitha Infrastructure Ltd IPO?
The investors' portion for QIB is 21.99 x, NII is 1.54, and Retail is 23.93 x.
How to apply for Likhitha Infrastructure Ltd IPO?
You can apply for Likhitha Infrastructure Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Likhitha Infrastructure Ltd IPO?
The issue size of Likhitha Infrastructure Ltd IPO is approx ₹5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr)Fresh Issue: 5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr) crores.
What is the price band of Likhitha Infrastructure Ltd IPO?
The price band for Likhitha Infrastructure Ltd IPO is ₹117 to ₹120 per equity share to ₹undefined.
What is the lot size of Likhitha Infrastructure Ltd IPO?
The minimum bid (lot size) for Likhitha Infrastructure Ltd IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Likhitha Infrastructure Ltd IPO?
The allotment date for Likhitha Infrastructure Ltd IPO is 13 Oct, 2020.
What is the listing date of Likhitha Infrastructure Ltd IPO?
The listing date for Likhitha Infrastructure Ltd IPO is expected to be 15 Oct, 2020.
What is the GMP of Likhitha Infrastructure Ltd IPO?
The latest Grey Market Premium (GMP) for Likhitha Infrastructure Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.