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Likhitha Infrastructure Ltd IPO (Likhitha Infrastructure IPO): Price, Allotment, Listing, Subscription, Gmp

We have a detailed review of Likhitha Infrastructure IPO. In this article will discuss release date, IPO offer price, subscription, Likhitha Infrastructure IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Likhitha Infrastructure Ltd IPO
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Likhitha Infrastructure Ltd was established in the year 1998 and engaged in current line of business since inception. Their 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.

They are one of the top Pipeline Laying companies in India and having 20+ years of vast experience in the field with diversified operations spread across several geographical regions in the state of Karnataka, Delhi, West Bengal, Gujarat, Andhra Pradesh, Telangana, Kerala, Madhya Pradesh, Jharkhand, Bihar, Chandigarh, Haryana, Orissa and Uttar Pradesh. they are proud to be the first execution company from India to execute the first ever Trans-National Hydrocarbon (Multi-product) Pipeline Project between India and Nepal. they are presently working with all major PSU’s and CGD companies all over India.

Promotors of Likhitha Infrastructure Ltd.

  • Mr. Srinivasa Rao Gaddipati
  • Ms. Likhitha Gaddipati

Lead Managers of Likhitha Infrastructure Ltd.

  • Unistone Capital Pvt Ltd

Financials of Likhitha Infrastructure Ltd.

Particulars (Rs. in Crores)FY2018FY2019FY2020
Revenue88.6140.5162.8
Expenses77.7115.2136
Net income7.217.919.8
Net margin (%)8.112.712.2

Likhitha Infrastructure Ltd. IPO Details

Security TypeEquity
Issue PeriodSep 29, 2020 – Oct 1, 2020
IPO Market Timings10.00 am to 5.00 pm
Issue Size – No. of Shares5,100,000 Eq Shares of ₹ 10
(aggregating up to ₹61.20 Cr)
Price Band ₹117- ₹120 Per Share
Face Value10
Market Lot125 Shares
List atNSE, BSE
Shares to buy Today

Tentative Date/ Timetable of Likhitha Infrastructure IPO

Bid/Offer Opens OnSep 29, 2020
Bid/Offer Closes OnOct 7, 2020
Finalisation of Basis of AllotmentOct 12, 2020
Initiation of RefundsOct 13, 2020
Credit of Shares to Demat AcctOct 14, 2020
IPO Shares Listing DateOct 15, 2020

Likhitha Infrastructure IPO Latest Grey Market Premium (GMP)

DATEOFFER PRICEGREY MARKET PREMIUMKOSTAK RATES
30.09.2020₹120₹10-15N.A.
29.09.2020₹120₹15-20N.A.
28.09.2020₹120₹15-20N.A.
25.09.2020₹120₹15-20N.A.
24.09.2020₹120₹15-20N.A.

IPO Subscription Details of Likhitha Infrastructure Ltd.

SUBSCRIPTION
(CATEGORY WISE)
SHARES
OFFERED
DAY 1DAY 2DAY 3DAY 4DAY 5DAY 6
QIB2,550,0000.00x0.03x22.48x22.48x22.48x21.99x

NII765,0000.04x3.20x1.26x1.27x1.41x1.54x
Retail1,785,0001.63x7.47x21.13x23.90x23.93x23.71x
Total5,100,0000.57x3.11x8.43x9.40x9.50x9.51x

IPO Allotment status of Likhitha Infrastructure

Likhitha Infrastructure IPO Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders.

Company Contact Information

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
Email: info@likhitha.in
Websitehttp://www.likhitha.co.in/

Likhitha Infrastructure IPO Registrar

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

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