Likhitha Infrastructure

Likhitha Infrastructure IPO dates, price band, analysis

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As the IPO season continues, LIKHITHA INFRASTRUCTURE IPO is going to hit the market on 29th September 2020. the company aims an issue size of ₹61.20 crores through this IPO.

Likhitha Infrastructure Ltd

Likhitha Infrastructure is an Oil & Gas pipeline infrastructure service provider in India, focused on laying pipeline networks along with the construction of associated facilities; and providing Operations & Maintenance services to the City Gas Distribution (CGD) companies in India. Its client base comprises of established players in the Oil and Gas Industry, both in the public and private sector. The company has a presence (including past operation) in more than 16 states and 2 Union Territories in India. The company has successfully laid over 600 km of Oil and Gas pipelines including steel and Medium-Density Polyethylene (MDPE) networks in past 5 years.

Objective of the Issue

  • To meet the general working capital requirements of the business.
  • general corporate purposes.
  • To meet IPO issue expenditures.

Basic details about the company


Dates to remember

IPO Open29 September 2020
IPO Close01 October 2020
Basis of Allotment07 October 2020
Refunds date08 October 2020
Credit to Demat Account09 October 2020
 Listing Date12 October 2020

IPO details

Issue typeBook Built Issue IPO
IPO issue size₹59.67-₹61.20 crores
Number of shares offered to the public5,100,000 shares
Face value₹10 per equity share
Price band₹117-₹120 per equity share
Retail portion35%
Lot size125 Nos
Minimum application1 lot – 125 shares
Maximum application13 lot – 351 shares
Minimum application amount₹15,000
maximum application amount₹195,000
Listing ExchangeBSE, NSE

More details about the company

the company has laid approximately 800 km of Oil and Gas pipelines for on-going projects. Further, it has increased the scale of operations by adopting a strategy of expansion across regions and has strategically expanded to geographies where there is a demand for providing pipeline infrastructure and O&M services. The company has executed 10.75” OD x 69 Kms Petroleum Product Pipeline for the first ever Trans-National Cross-Country Pipeline of South-East Asia connecting India to Nepal, in the Year 2019, for supply of petroleum products.

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

  • Strong client base
  • Diversified geographical presence in India
  • Strong project execution capabilities
  • Efficient business model


Likhitha Infrastructure’s financial performance (in INR crore)
Net income7.217.919.8
Net margin (%)8.112.712.2

Financial summary

ParticularsFor the year/period ended (₹ in lakhs)
Total Assets10,085.618,457.386,722.91
Total Revenue16,279.0214,054.688,860.56
Profit After Tax1,987.931,785.51716.22

Valuation of Likhitha Infrastructure (as of FY2020)

Earnings Per Share (EPS)₹13.59
Price/Earnings (PE ratio)8.61 – 8.83
Return on Net Worth (RONW)33.06%
Net Asset Value (NAV)₹47.83 per share

Company Promoters

  •  Mr Srinivasa Rao Gaddipati
  •  Ms Likhitha Gaddipati
Pre Issue Share Holding99.96%
Post Issue Share Holding74.11%

Likhitha Infrastructure IPO Lead managers

Unistone Capital Pvt Ltd

Registrar of Likhitha Infrastructure IPO

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200

Likhitha Infrastructure Contact Details

Likhitha Infrastructure Limited
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 2375 2657

Allotment Status

Likhitha Infrastructure IPO allotment status will be available on Bigshare Services’ website.

Click on this link to get allotment status.

Final thoughts

Likhitha Infrastructure IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision

Happy Investing

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