IPO Issue Details
Issue Price / Price Band₹120 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size125 Shares per Lot
Total Issue Size51,00,000 shares (aggregating up to ₹61.20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 29 Sep 2020
Subscription CloseWed, 07 Oct 2020
Anchor AllotmentMon, 28 Sep 2020
Basis of AllotmentMon, 12 Oct 2020
Initiation of RefundsTue, 13 Oct 2020
Credit of Shares to DematWed, 14 Oct 2020
Listing DateThu, 15 Oct 2020
UPI Mandate Deadline2020-10-07
Application & Investment Details
Retail — Min (1 Lots)₹15,000 — 125 shares
Retail — Max (13 Lots)₹195,000 (13 Lots)
HNI — Min (14 Lots)₹2,10,000 — 1,750 shares
Pre-IPO Promoter Holding1,46,25,000 shares
Post-IPO Promoter Holding1,97,25,000 shares
About Likhitha Infrastructure Ltd.
Incorporated in 1998, Likhitha Infrastructure Ltd is an oil and gas pipeline infrastructure service provider in India. The company is engaged in providing oil & gas pipelines, city gas distribution projects, Cross-Country Pipeline Projects, and operations and maintenance services as well. It is the first company that has executed the first Trans-National Cross Country Hydrocarbon Pipeline Project between India and Nepal.With 20+ years of existence, it has spread its geographical presence across 16+ states and 2 Union Territories in India such as 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.Competitive strength• Diversified geographical presence in India• Strong client base• Efficient business model• Strong project execution capabilities
Objects of the Issue
Likhitha Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
470.00
2
2 General Corporate Purposes
60.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,46,25,000 shares
Post-IPO Promoter Holding
1,97,25,000 shares