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Liotech Industries IPO Opens June 17: Details Inside
15 Jun
Summary
- Liotech Industries IPO opens June 17, aims to raise ₹36 crore.
- Shares priced at ₹321 apiece with a lot size of 400 shares.
- IPO proceeds will fund machinery, loan repayment, and working capital.
The Initial Public Offering (IPO) for Liotech Industries is scheduled to commence on June 17, aiming to secure ₹36 crore. The subscription period will conclude on June 19, with the company setting a price of ₹321 per share. This offering comprises a fresh sale of up to 2.22 lakh shares and an offer for sale of up to 9 lakh shares.
Proceeds from the IPO are designated for capital expenditure on machinery, loan repayment, working capital needs, and general corporate purposes. Investors must apply in lots of 400 shares. Notably, the IPO is split equally, with 50% reserved for non-institutional investors (NIIs) and 50% for retail investors.
The company reported a revenue of ₹40.67 crore in FY25, with an EBITDA of ₹6.56 crore and a Profit After Tax (PAT) of ₹4.16 crore. Liotech Industries operates a modern manufacturing facility ensuring efficient operations and offers end-to-end solutions.
As of the current date, the grey market premium (GMP) for Liotech Industries IPO is nil, suggesting a potential listing at par. The expected listing date on the BSE SME platform is June 24.
