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Likhitha Infrastructure Ltd IPO (Likhitha Infrastructure IPO) Detail

September 29, 2020 - October 7, 2020

Likhitha Infrastructure IPO is a book built issue of Rs 61.20 crores. The issue is entirely a fresh issue of 0.51 crore shares.

Likhitha Infrastructure IPO bidding started from September 29, 2020 and ended on October 7, 2020. The allotment for Likhitha Infrastructure IPO was finalized on Monday, October 12, 2020. The shares got listed on BSE, NSE on October 15, 2020.

Likhitha Infrastructure IPO price band is set at ₹116 to ₹120 per share. The minimum lot size for an application is 125 Shares. The minimum amount of investment required by retail investors is ₹15,000.

Unistone Capital Pvt Ltd is the book running lead manager of the Likhitha Infrastructure IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Likhitha Infrastructure IPO RHP for detailed information.

Likhitha Infrastructure IPO Details

IPO Date September 29, 2020 to October 7, 2020
Listing Date October 15, 2020
Face Value ₹10 per share
Price Band ₹116 to ₹120 per share
Lot Size 125 Shares
Total Issue Size5,100,000 shares
(aggregating up to ₹61.20 Cr)
Fresh Issue5,100,000 shares
(aggregating up to ₹61.20 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Likhitha Infrastructure IPO Reservation

Likhitha Infrastructure IPO offers 5,100,000 shares. 51,000 (1.00%) to QIB, 3,264,000 (64.00%) to NII, 1,785,000 (35.00%) to RII. 14,280 RIIs will receive minimum 125 shares and (sNII) and (bNII) will receive minimum 1,750 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered51,000 (1.00%)NA
NII (HNI) Shares Offered3,264,000 (64.00%)
Retail Shares Offered1,785,000 (35.00%)14,280
Total Shares Offered5,100,000 (100%)

Likhitha Infrastructure IPO Timeline (Tentative Schedule)

Likhitha Infrastructure IPO opens on September 29, 2020, and closes on October 7, 2020.

IPO Open Date Tuesday, September 29, 2020
IPO Close Date Wednesday, October 7, 2020
Basis of Allotment Monday, October 12, 2020
Initiation of Refunds Tuesday, October 13, 2020
Credit of Shares to Demat Wednesday, October 14, 2020
Listing Date Thursday, October 15, 2020
Cut-off time for UPI mandate confirmation 5 PM on October 7, 2020

Likhitha Infrastructure IPO Lot Size

Investors can bid for a minimum of 125 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 125 ₹15,000
Retail (Max) 13 1625 ₹195,000
Lot Size Calculator

Likhitha Infrastructure IPO Promoter Holding

Mr. Srinivasa Rao Gaddipati and Ms. Likhitha Gaddipati are the promoters of the company.

Share Holding Pre Issue 99.96%
Share Holding Post Issue 74.11%

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

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 10,085.61 8,457.38 6,722.91
Total Revenue 16,279.02 14,054.68 8,860.56
Profit After Tax 1,987.93 1,785.51 716.22

Objects of the Issue (Likhitha Infrastructure IPO Objectives)

The net proceeds from the IPO will be used against following objectives;
� To meet the general working capital requirements of the business.
� To meet general corporate purposes.
� To meet IPO issue expenditures.

Likhitha Infrastructure IPO Review (May apply)

[Dilip Davda]  LIL has good track record and a healthy order book. Based on financial parameters issue appears reasonably priced. It is going to create fancy as first mover in the segment post listing. Due to listing in "T" group with 5% circuit limit, speculative movement will get restricted. Considering this, investors may plan investment with a long term perspective. Read detail review...


Likhitha Infrastructure IPO Subscription Status (Bidding Detail)

The Likhitha Infrastructure IPO is subscribed 9.51 times on October 7, 2020 5:00:01 PM. The public issue subscribed 23.71 times in the retail category, 21.99 times in the QIB category, and 1.54 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB21.99
NII1.54
Retail23.71
Total9.51

IPO Notices

External Link

Likhitha Infra has changed the Allocation of shares

Category Shares Offered(Previous) Shares Offered (New)
QIB 2550000 (50%) 51000 (1%)
NII 765000 (15%) 3264000 (64%)
Retail 1785000 (35%) 1785000 (35%)
Total 5,100,000 5,100,000

Likhitha Infrastructure IPO Prospectus

Likhitha Infrastructure IPO Rating

1598
4.0
Rating:Rated 4.0 stars
Vote Here ...

Likhitha Infrastructure IPO Listing Details

Listing Date October 15, 2020
BSE Script Code 543240
NSE Symbol LIKHITHA
ISIN INE060901019
Final Issue Price ₹120 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹120.00
₹130.10
₹125.00
₹136.60
₹136.60
NSE
₹120.00
₹130.00
₹125.00
₹136.50
₹136.50

Check IPO Performance…

Likhitha Infrastructure Ltd Contact Details

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
Website: http://www.likhitha.co.in/

Likhitha Infrastructure IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Likhitha Infrastructure IPO - Buy or Not

Likhitha Infrastructure IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 3 0 2
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Likhitha Infrastructure IPO FAQs

Likhitha Infrastructure IPO is a main-board IPO of 5,100,000 equity shares of the face value of ₹10 aggregating up to ₹61.20 Crores. The issue is priced at ₹116 to ₹120 per share. The minimum order quantity is 125 Shares.

The IPO opens on September 29, 2020, and closes on October 7, 2020.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Likhitha Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Likhitha Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Likhitha Infrastructure IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Likhitha Infrastructure IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Likhitha Infrastructure IPO opens on September 29, 2020 and closes on October 7, 2020.

Likhitha Infrastructure IPO lot size is 125 Shares, and the minimum amount required is ₹15,000.

You can apply in Likhitha Infrastructure IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Likhitha Infrastructure IPO will be done on Monday, October 12, 2020, and the allotted shares will be credited to your demat account by Wednesday, October 14, 2020. Check the Likhitha Infrastructure IPO allotment status.

The Likhitha Infrastructure IPO listing date is on October 15, 2020.
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Likhitha Infrastructure IPO Message Board

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704 Comments

355. vijay chaurasiya |   Link |  Bookmark |October 19, 2020 11:55:04 AM
I was deleted the bid but still my amt block.
What to to please help. I am not able to visit the bank branch.
354. KalHoNaHO |   Link |  Bookmark |October 17, 2020 11:10:05 AM
Dear Friends, don't let over confidence build in yourself just because you made little listing gain in poor quality IPO like Likhitha, Lest you loose much bigger amounts in future poor quality IPO's. Just stick to good quality issues for long term success. This is my thinking, every one has right to do what they feel is best though.
353. Bull is bear |   Link |  Bookmark |October 17, 2020 8:00:04 AM
Finally i got allotment and earn healthy profit after long time in ipo..

Thanks to those who rumored and widraw their application
352. Rasesh Mehta |   Link |  Bookmark |October 17, 2020 12:37:48 AM
Likhitha Infrastructure Limited
Business: Oil & Gas Pipeline Infrastructure service provider for leading Oil and gas distribution companies.Debt free ,EPS 13.6 and ROE 29 and Pat 20 cr (3 year cagr 41%).strong order book and Promoter holding 74%
Globally n In India debt free company with higher ROC n NP% with positive operating cash flow company gets 40 plus PE.Likhitha is at 10 PE .its blind buy for long term
351. The BuLLz EyE |   Link |  Bookmark |October 9, 2020 12:36:37 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
People were afraid during yes bank fpo as well, those applied earned good profit
i was always positive in that issue as well

its always your choice but stockl market me earn karna h to risk to lena padega

you know,
darr ke aage jeet h
351.5. Sumitslg |   Link |  Bookmark |October 19, 2020 3:28:24 PM
@iqbal.. ekdum mast kaha.. maza aa gya.. saach main..
351.6. amit K singh |   Link |  Bookmark |October 20, 2020 12:38:21 PM
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
The thing is , investors in share market do not disclose their losses, only talk about their profits.. I saw may in yes bank message page, seasoned expert was buying little at rs 14 to 16 levels.. people were expecting UC every day.. not sure how many of them sold and come out of yes bank or they are still holding it with their losses...
350. Tiumal |   Link |  Bookmark |October 16, 2020 2:24:11 PM
Can any one tell me amount as been blocked, shares not allotted but still not released my amount
349. The BuLLz EyE |   Link |  Bookmark |October 7, 2020 1:10:13 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
I have not withdrawn my application.
Somehow i am still confident that this IPO will do well
349.7. The BuLLz EyE |   Link |  Bookmark |October 16, 2020 12:48:13 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
Thanks Roxpatel
349.8. The BuLLz EyE |   Link |  Bookmark |October 26, 2020 11:20:19 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
Upper circuit today
348. Maximizer |   Link |  Bookmark |October 16, 2020 11:26:52 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@ Admin...Post CMP of likhita
347. tushar |   Link |  Bookmark |October 16, 2020 10:41:11 AM
Panic sprayed by the group... To withdraw applications but I tell you the truth do not trust any body.. Karo apni manki... I got 2 allot and benifited... 20 per profit..beware of people who misguided us but now a days all r smart... Yeh bhul gaye
346. Tiumal |   Link |  Bookmark |October 16, 2020 2:04:29 AM
Dear team,

I have applied likhitha infra ipo i have approved mandated but im not get allotment
So my amount was still not get in to my account
345. phrao |   Link |  Bookmark |October 14, 2020 11:44:24 PM
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Listing synereo
Most of the shareholders in retail segment, try to book profit

But

Most of the intraday traders not interested to buy, because it is T group

My prediction "lower circuit"
345.1. Mr. Singh |   Link |  Bookmark |October 15, 2020 2:04:42 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Thuk gaya tera prediction.
345.2. Rahul Popat |   Link |  Bookmark |October 16, 2020 12:33:59 AM (200+ Posts, 400+ Likes)
Mr Singh ji

Phrao just make noncense view....

Phrao challenge my view on chemcon I said avoid at 650 to till 500
Phrao make joke on me and now phrao's....????????????????????????
344. IPO Electrifying |   Link |  Bookmark |October 15, 2020 6:29:28 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
I told you yesterday, bumper listing.
343. jstm |   Link |  Bookmark |October 14, 2020 8:09:29 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
20-25 % discount listing possible.
90-95 Listing Range.
343.3. Rasesh Mehta |   Link |  Bookmark |October 15, 2020 1:10:44 PM
Sensex down .likhita upper curcuit.sayad 90-95 ke age 1 likhna bhul gaye the
343.4. jstm |   Link |  Bookmark |October 15, 2020 5:59:27 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
freebie , piggy and kiddie
Congratulation
because usually this type of allotment are only for those who are suffering from frustration of not getting allotment of good IPOs.Enjoy 5-7%.

LOL rox you were comparing UTI with HDFC AMC.Now what happen ? ????Posting without any sense , keeping mind on bed.I think you were forced to leave your IT field so you came here and advicising.
hirani was kicked out by admin after abusing eagleye.considering himself bigger than her.now came back with head down.
same case with rasesh.considering himself as rasesh shah.190-195.LOL.keep dreaming.
342. BADAYA |   Link |  Bookmark |October 13, 2020 10:58:47 PM
I applied via upi but didn't proceed for the payment ....Still shares got credited in my demat account..STRANGE
342.1. Ghatol |   Link |  Bookmark |October 14, 2020 8:45:02 AM
You must have gotv the shares under the investor subsidy scheme.
342.2. BADAYA |   Link |  Bookmark |October 15, 2020 3:40:40 PM
What to do now....As not accepted the mandate....No money deducted from my bank account. Yet I see shares in my demat account. Can I sell them or wait for the registrar's notice to pay .... Serious Suggestions invited
341. SHANI |   Link |  Bookmark |October 15, 2020 2:54:20 PM (300+ Posts, 300+ Likes)
congratulation , upper circuit .. 136.60., when market 650 point down yet,, good listing...
340. AMIT KS |   Link |  Bookmark |October 15, 2020 10:57:31 AM
TRADE DONE @130.10 ON BSE
340.1. Nipun |   Link |  Bookmark |October 15, 2020 12:41:08 PM
Sold 60 % at 130.... Feeling light, balance 40% after 2-3 days
339. naveen |   Link |  Bookmark |October 15, 2020 11:33:24 AM
Overhyped ipos struggled and ignored IPOs have given reasonable returns ...Irony in present markets ....
338. Cautious ipo |   Link |  Bookmark |October 15, 2020 11:20:44 AM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
This time Hni playing big game trapping operators.......5 consecutive upper circuit on card and then they will exit ..
337. Manup |   Link |  Bookmark |October 15, 2020 11:19:58 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Nii are set to play big game by creating artificial demand Now locked at UC
336. Regulagedda Ambica Prasad |   Link |  Bookmark |October 15, 2020 11:13:49 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Bought at 126