IPO Status: Closed [29th Sep 2020 to 7th Oct 2020]
Likhitha Infrastructure Limited is coming up with the IPO this month to list on BSE and NSE. Likhitha Infrastructure IPO opens on 29th Sep and closes on 7th October 2020 and available at an IPO price band of Rs. 116 - Rs.120. Let’s get the updated details of Likhitha Infrastructure IPO including IPO important dates, IPO lot size, allotment status, live subscription, and GMP.
The IPO floor price is 11.6 times of the face value whereas cap price is 12 times of the share face value.
Company Incorporated Year: 1998
Sector: Oil & Gas Pipeline Infarstructure
Issue Size:Rs. 61.20 Cr
Likhitha Infrastructure Limited is one of the well-established pipeline laying companies in India that is primarily engaged in providing oil and gas pipeline infrastructure services. The company not just offers pipeline infrastructure services to oil and gas companies but also provides many other services such as city gas distribution projects (CGD), cross-country pipeline projects (CCP), and operations and maintenance (O&M) related services.
The company has completed many pipeline projects in Gujarat, Chandigarh, Delhi, West Bengal, Telangana, Haryana, Uttar Pradesh, Orissa, Andhra Pradesh, Kerala,and Madhya Pradesh. By this, it has expanded its geographical footprint in more than 16 states and 2 Union Territories.
Top Indian oil and gas companies from both the public as well as the private sector i.e. ONGC, IndianOil, HCG, GAIL, etc. are the clients of Likhitha Infrastructure. It is also the first company to execute the Trans-National Cross Country Pipeline of South-East Asia that connects India to Nepal for the supply of petroleum products.
The company purposes to utilize the IPO issue proceed for the following purposes;
|Category||No. of Shares||%|
Likhitha Infrastructure IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Likhitha Infrastructure Issue Details||Values|
|IPO Issue Type||Book Built Issue IPO|
|IPO Issue Size||51,00,000 equity shares at ₹120 each[Aggregating to ₹61.20 Cr]|
|Face Value||₹10 Per Equity Share|
|IPO Issue Price||₹116-120|
|Market Lot||125 Shares|
|Min Retail Qty||125 shares (1 lot)|
|Max Retail Qty||1625 shares (13 lot)|
|Promoter Holding Pre IPO||99.96%|
|Promoter Holding Post IPO||74.11%|
|IPO Listing At||BSE, NSE|
The table below is live update of IPO bidding details from NSE and BSE.
|# of Shares Offered||51,000||3,264,000||1,785,000||5,100,000||1||29th Sep 2020 17:02||0.00x||0.04x||1.63x||0.57x||2||30th Sep 2020 17:02||0.03x||3.20x||7.47x||3.11x||3||1st Oct 2020 18:02||0.45x||5.39x||21.13x||8.43x||4||5th Oct 2020 17:02||22.48x||1.27x||23.90x||9.40x||5||6th Oct 2020 17:02||22.48x||1.41x||23.93x||9.50x||6||7th Oct 2020 17:02||21.99x||1.54x||23.71x||9.51x|
Past performance and financial results of Likhitha Infrastructure.
|Likhitha Infrastructure IPO Financials||30-Mar-2020||31-Mar-2019||31-Mar-2018||31-Mar-2017|
|Total Assets||₹10,085.61 Lakh||₹8,457.38 Lakh||₹6,722.91 Lakh||₹5,108.74 lakh|
|Total Revenue||₹16,279.02 Lakh||₹14,054.68 Lakh||₹8,860.56 Lakh||₹10,805.98 Lakh|
|Net Profit/Loss||₹1,987.93 Lakh||₹1,785.51 Lakh||₹716.22 Lakh||₹790.45 Lakh|
In this section we have covered all important dates related to Likhitha Infrastructure IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.
|IPO Issue Open Date||29th Sep 2020|
|IPO Issue Close Date||7th Oct 2020|
|Basis of Allotment Finalisation Date*||12th Oct 2020|
|Refunds Initiation*||13th Oct 2020|
|Credit of Shares to Demat Account*||14th Oct 2020|
|IPO Listing Date*||15th Oct 2020|
* - Tentative Dates
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Likhitha Infrastructure IPO Draft Prospectus >>Document
Likhitha Infrastructure IPO Red Herring Prospectus >>Document
Likhitha Infrastructure IPO Allotment Status >>Link
Last Updated on 2020-10-14T09:35:35+00:00
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Likhitha Infrastructure IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Likhitha Infrastructure IPO with Zerodha.
Alternate approch to apply in Likhitha Infrastructure IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Likhitha Infrastructure IPO, you can use the following methods:
|Likhitha Infrastructure IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Likhitha Infrastructure IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online provides access to applying in Likhitha Infrastructure IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Likhitha Infrastructure IPO. Most of the Syndicate Banks provide access to apply in Likhitha Infrastructure IPO via ASBA process. You must have your net banking access, DP ID information to apply in Likhitha Infrastructure IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Likhitha Infrastructure IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Applying in Likhitha Infrastructure IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Likhitha Infrastructure IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Likhitha Infrastructure IPO, please refer article >> Link
Steps to download the online application form for Likhitha Infrastructure IPO
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Likhitha Infrastructure IPO is going to be list on 15-10-2020. NSE Code for Likhitha Infrastructure is LIKHITHA. BSE Code for Likhitha Infrastructure is 543240.
Other relevant questions:When Likhitha Infrastructure IPO will be listing? Likhitha Infrastructure IPO NSE listing date?Likhitha Infrastructure IPO date of listing.Likhitha Infrastructure IPO BSE listing date?
Likhitha Infrastructure IPO Allotment Date is 12-10-2020.
Other relevant questions:Likhitha Infrastructure IPO share allotment date?Likhitha Infrastructure IPO allotment date?