Bookbuilding IPO | ₹150 Cr | Listing at BSE, NSE |
Laxyo Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 23, 2026 to raise funds through Initial Public Offer (IPO).
Laxyo Ltd. IPO is a Book Build Issue of ₹150.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. Indorient Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Laxyo IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹150 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹150 Cr) |
| Share Holding Pre Issue | 4,36,07,300 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 23, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII Shares Offered | Not more than 15% of the Net Issue. |
Incorporated in April 2007, Laxyo Limited possesses comprehensive capabilities in Railway Infrastructure EPC, Mining Services, Raise Boring Operations, Dredging and Reclamation, as well as Operations & Maintenance (O&M) services for Industrial and Thermal Plants.
The company offers a range of railway infrastructure and O&M projects. While primarily focused on railway infrastructure, it has diversified into mining services, raise boring operations, dredging, and reclamation.
Business Segments:
Since 2017, the company has entered the dredging sector, providing capital and maintenance dredging for harbours, rivers, and canals.
As of January 31, 2026, the Company’s infrastructure includes a significant fleet of construction equipment and a team of 77 employees, supporting resource management and complex projects.
As of January 31, 2026, the Company had 49 permanent employees in varipus departments.
Competitive Strength:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 200.88 | 148.56 | 138.30 | 128.19 |
| Total Income | 111.44 | 212.77 | 175.27 | 135.35 |
| Profit After Tax | 6.23 | 11.65 | 6.33 | 4.93 |
| EBITDA | 13.90 | 29.90 | 19.40 | 16.30 |
| NET Worth | 65.81 | 60.19 | 48.54 | 42.21 |
| Reserves and Surplus | 64.93 | 58.69 | 47.04 | 40.71 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company; | 70.00 |
| 2 | Capital Expenditure towards purchase of equipment(s) | 9.75 |
| 3 | Funding the working capital requirements | 23.00 |
| 4 | General corporate purposes | |
| Total | 102.75 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 19.36% |
| ROCE | 19.89% |
| Debt/Equity | 0.88 |
| RoNW | 19.36% |
| PAT Margin | 5.52% |
| EBITDA Margin | 14.16% |
Lead Manager Reports
Laxyo IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹150 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Laxyo IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Laxyo IPO using UPI as a payment gateway. Zerodha customers can apply in Laxyo IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Laxyo IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Laxyo IPO dates are not announced. Please check back again after some time.
Laxyo IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Laxyo IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Laxyo IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Laxyo IPO allotment status.
The Laxyo IPO listing date is not yet announced. The tentative date of listing is .
