Liotech Industries Ipo
Liotech Industries IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Wealth Mine Networks Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 17, 2026 |
| IPO Close Date | June 19, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹321 Per Share |
| Issue Size | Approx ₹36.02 Crores |
| Fresh Issue | Approx ₹28.89 Crores |
| Offer for Sale: | Approx 2,22,000 Equity Shares |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,56,800 |
| Retail Maximum | 2 | 800 | ₹2,56,800 |
| S-HNI Minimum | 3 | 1200 | ₹3,85,200 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | -% |
| NII Shares Offered | 5,32,000 Shares | 47.42% |
| Retail Shares Offered | 5,32,000 Shares | 47.42% |
| IPO Open Date: | June 17, 2026 |
| IPO Close Date: | June 19, 2026 |
| Basis of Allotment: | June 22, 2026 |
| Refunds: | June 23, 2026 |
| Credit to Demat Account: | June 23, 2026 |
| IPO Listing Date: | June 24, 2026 |
| IPO Bidding Cut-off Time: | June 19, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 30,00,000 | 99.99% |
| Promoter Holding Post Issue | 39,00,000 | 71.23% |
| Purpose | Crores |
| Capital expenditure towards acquiring machinery | ₹8.00 |
| Funding towards Repayment of Loan | ₹4.95 |
| Working capital requirement | ₹7.00 |
| General Corporate Purposes | ₹4.33 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹8.50 | ₹8.05 | ₹0.35 | ₹4.02 |
| 2024 | ₹27.87 | ₹24.08 | ₹2.93 | ₹14.09 |
| 2025 | ₹40.69 | ₹35.08 | ₹4.16 | ₹19.77 |
| Dec 2025 | ₹51.79 | ₹44.45 | ₹5.49 | ₹30.50 |
| KPI | Values |
| ROE: | 39.86% |
| ROCE: | 50.43% |
| EBITDA Margin: | 16.13% |
| PAT Margin: | 10.24% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹13.88 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.86% |
| Net Asset Value (NAV): | ₹34.82 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |