Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Locksworth Infrastructure Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on August 21, 2024 to raise funds through Initial Public Offer (IPO).
Locksworth Infrastructure Ltd. IPO is a Fixed Price Issue
The equity shares are proposed to be listed on the BSE SME. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services 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 Locksworth Infrastructure IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Aug 21, 2024 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Incorporated on December 17, 2018, Locksworth Infrastructure Limited is engaged in the business of engineering industry, specializing in industrial contracting services.
The company is an EPC company offering specialized engineering, execution, testing, commissioning, operation, and maintenance services in mechanical, civil, and electrical works for refineries, power plants, and petrochemicals.
Its primary offerings include turnkey tank and EPC terminal services, fabrication, mechanical and piping services, steel fabrication, boiler refurbishment and overhaul, fire protection systems, and providing certified and qualified manpower.
Portfolio:
As on 31st March 2023, the company has the total strength of 105 Employees.
Competitive Strengths:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 10.06 | 6.80 | 3.04 |
| Total Income | 6.29 | 5.20 | 4.12 |
| Profit After Tax | 0.86 | 0.68 | 0.16 |
| NET Worth | 3.92 | 1.06 | 0.37 |
| Reserves and Surplus | 1.89 | 0.86 | 0.17 |
| Total Borrowing | 2.60 | 4.24 | 2.12 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 3.88 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34.73% |
| ROCE | 21.72% |
| Debt/Equity | 0.03 |
| RoNW | 22.04% |
| PAT Margin | 13.80% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.32% |
Lead Manager Reports
Locksworth Infrastructure IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Locksworth Infrastructure IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Locksworth Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Locksworth Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Locksworth Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Locksworth Infrastructure IPO dates are not announced. Please check back again after some time.
Locksworth Infrastructure IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Locksworth Infrastructure 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 Locksworth Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Locksworth Infrastructure IPO allotment status.
The Locksworth Infrastructure IPO listing date is not yet announced. The tentative date of listing is .
