Likhitha Infrastructure Ltd IPO (Likhitha Infrastructure IPO) Detail

Sep 29, 2020 - Oct 1, 2020

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 Promoters:

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

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ 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:

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 Details

IPO Date	Sep 29, 2020 - Oct 1, 2020
Issue Type	Book Built Issue IPO
Issue Size	5,100,000 Eq Shares of ₹10 (aggregating up to ₹61.20 Cr)
Fresh Issue	5,100,000 Eq Shares of ₹10 (aggregating up to ₹61.20 Cr)
Face Value	₹10 per equity share
IPO Price	₹117 to ₹120 per equity share
Market Lot	125 Shares
Min Order Quantity	125 Shares
Listing At	BSE, NSE

Likhitha Infrastructure IPO Tentative Date / Timetable

Bid/Offer Opens On	Sep 29, 2020
Bid/Offer Closes On	Oct 1, 2020
Finalisation of Basis of Allotment	Oct 7, 2020
Initiation of Refunds	Oct 8, 2020
Credit of Shares to Demat Acct	Oct 9, 2020
IPO Shares Listing Date	Oct 12, 2020

Likhitha Infrastructure IPO Lot Size and Price (Retail)

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	125	₹15,000
Maximum	13	1625	₹195,000

Likhitha Infrastructure IPO Promoter Holding

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

Likhitha Infrastructure IPO Prospectus

› Likhitha Infrastructure IPO DRHP

Likhitha Infrastructure IPO Rating

197

4.1

Rating:

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Likhitha Infrastructure IPO Reviews / Ratings

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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
Website: http://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

Likhitha Infrastructure IPO Lead Manager(s)

Unistone Capital Pvt Ltd

Lead Manager Reports

Likhitha Infrastructure IPO FAQs

What is Likhitha Infrastructure IPO?

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 ₹117 to ₹120 per equity share. The minimum order quantity is 125 Shares.

The IPO opens on Sep 29, 2020, and closes on Oct 1, 2020.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
How to apply in Likhitha Infrastructure IPO through Zerodha?
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.
When Likhitha Infrastructure IPO will open?

The Likhitha Infrastructure IPO opens on Sep 29, 2020 and closes on Oct 1, 2020.
What is the lot size of Likhitha Infrastructure IPO?

Likhitha Infrastructure IPO lot size is 125 Shares and the minimum order quantity is 125 Shares.
How to apply for Likhitha Infrastructure IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Likhitha Infrastructure IPO allotment?

The finalization of Basis of Allotment for Likhitha Infrastructure IPO will be done on Oct 7, 2020, and the allotted shares will be credited to your demat account by Oct 9, 2020. Check the Likhitha Infrastructure IPO allotment status.
When is Likhitha Infrastructure IPO listing date?

The Likhitha Infrastructure IPO listing date is not yet announced. The tentative date of Likhitha Infrastructure IPO listing is Oct 12, 2020.

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Useful Articles

Likhitha Infrastructure IPO Review / Comments

13. NforNandkishor Sep 20, 2020 21:10

Some good points about this ipo

1. It's purely a fresh issue not OFS by it's Promoters

2. Company deals in gas pipeline business. It's unique and has a high entry barrier

3. Promotors holding is almost 100%.

Once more details are available in news articles , we can decide whether to go for it or not.

Load more comments (1 replies)

13.2. NforNandkishor Sep 20, 2020 21:52

@Krishna, first you will get indiacation by seeing anchor placement list. If some reputed mutual funds AMCs/Financial Institutions are allotted this ipo in anchor placement, then it's a good ipo and you can apply for it.

second indication is off course QIB/NII data on last day of subscription

13.3. KrishnaTwentyFour Sep 20, 2020 22:01

Top Contributor (200+ Posts, 200+ Likes)

Most of the time when LM is new or not reputated...LM failed to get good anchor on board...let's see...

12. KrishnaTwentyFour Sep 20, 2020 21:41

Top Contributor (200+ Posts, 200+ Likes)

Only think if QIB shows intrest in this... overall picture looks ok of this company...very small size issue...
LM is new...so risky...
This can go in any direction post listing...will.apply only when QIB shows intrest in this...

11. NforNandkishor Sep 14, 2020 16:42

Yeah kaha se aaya suddenly.

11.1. Mechpower Sep 20, 2020 15:24

1 |

BAHTI GANGA ME HATH DHONE K LIYE....

10. gundu anna Sep 20, 2020 07:42

5 |

IPO Mentor (500+ Posts, 100+ Likes)

Be careful with this kind of issues. Along with some good issues few low quality issuers will also come at good times to trap innocent retail investors...!!!

9. PINAKIN D SHAH Sep 19, 2020 20:32

gmp

8. IPOKing India Sep 19, 2020 18:06

Is anyone confirm dates and price

8.1. amit K singh Sep 19, 2020 18:18

IPO Mentor (500+ Posts, 900+ Likes)

29-sep to 1-oct

7. IPOANALYSIS Sep 16, 2020 20:26

7 |

2 |

IPO Guru (1600+ Posts, 1300+ Likes)

It's lead manager has come up with 3 SME IPO which all are ruling below issue price
CK financial is of same group which has its own listed share named CKP leisure and CKP.products. both these companies have destroyed investor wealth. Avoid

6. KrishnaTwentyFour Sep 14, 2020 17:44

Top Contributor (200+ Posts, 200+ Likes)

Looks like this is very small size issue...

5. GargN Sep 14, 2020 16:09

In results it should be June 2020 instead of September 2020

5.1. Team Chittorgarh.com Sep 14, 2020 16:55

Top Contributor (200+ Posts, 300+ Likes)

Thank you for letting us know. We have corrected the data.

Thank you,

Chittorgarh.com Admins

4. Jss Sep 14, 2020 15:36

Market achha raha to date declare karenge

3. arun sondhi Sep 14, 2020 14:42

Yes

2. mentor ipo Sep 14, 2020 14:25

tentative dates ?

1. carez Sep 14, 2020 14:16

8 |

Another lootmar company from Hyderabad?

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