Likhitha Infrastructure Ltd IPO (Likhitha Infrastructure IPO) Detail

Sep 29, 2020 - Oct 7, 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 (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:

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 Opening DateSep 29, 2020
IPO Closing DateOct 7, 2020
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹116 to ₹120 per equity share
Market Lot125 Shares
Min Order Quantity125 Shares
Listing AtBSE, NSE
Issue Size5,100,000 Eq Shares of ₹10
(aggregating up to ₹61.20 Cr)
Fresh Issue5,100,000 Eq Shares of ₹10
(aggregating up to ₹61.20 Cr)

Likhitha Infrastructure IPO Tentative Timetable

The Likhitha Infrastructure IPO open date is Sep 29, 2020, and the close date is Oct 7, 2020. The issue may list on Oct 15, 2020.

IPO Open DateSep 29, 2020
IPO Close DateOct 7, 2020
Basis of Allotment DateOct 12, 2020
Initiation of RefundsOct 13, 2020
Credit of Shares to Demat AccountOct 14, 2020
IPO Listing DateOct 15, 2020

Likhitha Infrastructure IPO Lot Size

The Likhitha Infrastructure IPO market lot size is 125 shares. A retail-individual investor can apply for up to 13 lots (1625 shares or ₹195,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1125₹15,000
Maximum131625₹195,000

Likhitha Infrastructure IPO Promoter Holding

Pre Issue Share Holding99.96%
Post Issue Share Holding74.11%

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 Subscription Status (Bidding Detail)

The Likhitha Infrastructure IPO is subscribed 9.51x times on Oct 7, 2020 17:00. The public issue subscribed 23.71x in the retail category, 21.99x in the QIB category, and 1.54x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

21.99x

NII

1.54x

RII

23.71x

Total

9.51x

Likhitha Infrastructure IPO Prospectus

Likhitha Infrastructure IPO Rating

1598
4.0
Rating:Rated 4.0 stars

Vote Here ...

Likhitha Infrastructure IPO Listing Date

Listing DateThursday, October 15, 2020
BSE Script Code543240
NSE SymbolLIKHITHA
Listing InT
ISININE060901019
IPO Price₹120 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹120.00
₹130.10
₹125.00
₹136.60
₹136.60
285,852
NSE
₹120.00
₹130.00
₹125.00
₹136.50
₹136.50
1,394,388

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)

Likhitha Infrastructure IPO FAQs

  1. 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 ₹116 to ₹120 per equity share. The minimum order quantity is 125 Shares.

    The IPO opens on Sep 29, 2020, and closes on Oct 7, 2020.

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

  2. 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.

  3. When Likhitha Infrastructure IPO will open?

    The Likhitha Infrastructure IPO opens on Sep 29, 2020 and closes on Oct 7, 2020.

  4. 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.

  5. 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.

  6. When Likhitha Infrastructure IPO allotment?

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

  7. When is Likhitha Infrastructure IPO listing date?

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

Likhitha Infrastructure IPO Message Board

Ranked Members  Ranked Members

Loading...
356. IPO INFORMAR |Dec 15, 2020 06:47
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Link time ,Third party applications are likely to be rejected . Do not use RBL ASBA ,More third party rejections , Gland pharma ipo subscribed 0.56 X but not provided allotment to all .Link time told rejection due to third party ASBA
355. vijay chaurasiya |Oct 19, 2020 11:55
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 |Oct 17, 2020 11:10
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 |Oct 17, 2020 08:00
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 |Oct 17, 2020 00:37
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 |Oct 9, 2020 00:36
IPO Mentor IPO Mentor (500+ Posts, 800+ 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 |Oct 19, 2020 15:28
@iqbal.. ekdum mast kaha.. maza aa gya.. saach main..
351.6. amit K singh |Oct 20, 2020 12:38
IPO Mentor IPO Mentor (600+ Posts, 1100+ 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 |Oct 16, 2020 14:24
Can any one tell me amount as been blocked, shares not allotted but still not released my amount
349. The BuLLz EyE |Oct 7, 2020 13:10
IPO Mentor IPO Mentor (500+ Posts, 800+ Likes)
I have not withdrawn my application.
Somehow i am still confident that this IPO will do well
349.7. The BuLLz EyE |Oct 16, 2020 12:48
IPO Mentor IPO Mentor (500+ Posts, 800+ Likes)
Thanks Roxpatel
349.8. The BuLLz EyE |Oct 26, 2020 11:20
IPO Mentor IPO Mentor (500+ Posts, 800+ Likes)
Upper circuit today
348. Maximizer |Oct 16, 2020 11:26
@ Admin...Post CMP of likhita
347. tushar |Oct 16, 2020 10:41
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 |Oct 16, 2020 02:04
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 |Oct 14, 2020 23:44
Top Contributor Top Contributor (300+ Posts, 400+ 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 |Oct 15, 2020 14:04
Thuk gaya tera prediction.
345.2. Rahul Popat |Oct 16, 2020 00:33
Top Contributor Top Contributor (200+ Posts, 300+ 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 |Oct 15, 2020 18:29
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I told you yesterday, bumper listing.
343. jstm |Oct 14, 2020 20:09
IPO Mentor IPO Mentor (900+ Posts, 2100+ Likes)
20-25 % discount listing possible.
90-95 Listing Range.
343.3. Rasesh Mehta |Oct 15, 2020 13:10
Sensex down .likhita upper curcuit.sayad 90-95 ke age 1 likhna bhul gaye the
343.4. jstm |Oct 15, 2020 17:59
IPO Mentor IPO Mentor (900+ Posts, 2100+ 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 |Oct 13, 2020 22:58
I applied via upi but didn't proceed for the payment ....Still shares got credited in my demat account..STRANGE
342.1. Ghatol |Oct 14, 2020 08:45
You must have gotv the shares under the investor subsidy scheme.
342.2. BADAYA |Oct 15, 2020 15:40
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 |Oct 15, 2020 14:54
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
congratulation , upper circuit .. 136.60., when market 650 point down yet,, good listing...
340. AMIT KS |Oct 15, 2020 10:57
TRADE DONE @130.10 ON BSE
340.1. Nipun |Oct 15, 2020 12:41
Sold 60 % at 130.... Feeling light, balance 40% after 2-3 days
339. naveen |Oct 15, 2020 11:33
Overhyped ipos struggled and ignored IPOs have given reasonable returns ...Irony in present markets ....
338. Cautious ipo |Oct 15, 2020 11:20
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
This time Hni playing big game trapping operators.......5 consecutive upper circuit on card and then they will exit ..
337. Manup |Oct 15, 2020 11:19
Nii are set to play big game by creating artificial demand Now locked at UC







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