
Likhitha Infrastructure Limited
IPO Details
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Company Fin.
₹6(5.00%)
Premium (ELP)
Following its successful public offering, Likhitha Infrastructure Limited's made its market debut on Oct 15, 2020 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 51,00,000 Shares in total capital, including 51,00,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹116 to ₹120 and minimum investment lots of 125 shares. Investor participation during the subscription window from Sep 29, 2020 to Oct 07, 2020 demonstrated market confidence in the company's prospects.
The allotment process concluded on Oct 13, 2020, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 1998, Likhitha Infrastructure Ltd is a prominent provider of oil and gas pipeline infrastructure services in India. The company specializes in constructing oil and gas pipelines, city gas distribution networks, cross-country pipeline projects, and offering operations and maintenance services. It holds the distinction of being the first company to execute the Trans-National Cross Country Hydrocarbon Pipeline Project between India and Nepal. With over 20 years of industry presence, Likhitha Infrastructure has expanded its operations across 16+ states and 2 Union Territories, including Delhi, West Bengal, Telangana, Gujarat, Andhra Pradesh, and Madhya Pradesh. The company boasts a strong clientele, serving both private and public sector organizations such as ONGC, HCG, IndianOil, and GAIL.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
• Extensive geographical reach across multiple states and union territories in India.
• Established and diverse client portfolio, including major public and private sector companies.
• Well-structured and efficient business operations.
• Proven expertise in executing large-scale infrastructure projects.
NA
- Mr. Srinivasa Rao Gaddipati
- Ms. Likhitha Gaddipati
Likhitha Infrastructure Limited
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