1.Company Information

Established in 2012, Lakshya Powertech Limited started as an engineering consultancy firm specializing in mechanical and electrical services. The company quickly expanded from freelance power generation consultancy into operations and maintenance (O&M) for gas-fired power plants and large power generation projects.
By diversifying into the oil and gas sector, the company expanded its services and strengthened its position in the industry. An EPC contract in the renewable energy sector in Malaysia and growth in oil and gas plant maintenance and repair marked the company's global reach.
Lakshya Powertech's services are divided into four main areas: (i) Engineering, Procurement, Construction, and Commissioning; (ii) Integrated Operation and Maintenance Services; (iii) Specialty Services.
The company has successfully executed more than 138 projects with the major projects completed amounting to approximately Rs. 13690.68 lakhs.

Competitive Strengths:

Extensive expertise in project management focusing on excellence in quality, health, safety, cost efficiency, and timely execution
Significant growth underpinned by a solid order book and excellent pre-qualification credentials
Integrated operational and management services supported by experienced professionals
Activities in various industries and economies
Sustainable growth and strong financial performance
Expansion of EPCC contracts alongside expansion into emerging renewables and green energy businesses
Active bidding for new projects
Building and maintaining close relationships with customers and suppliers
Attracting and retaining talented employees
Improve operational controls to ensure timely delivery of services

2. Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
2. Funding working capital requirements of the Company; and
3. General Corporate Purposes.

3.Lakshya Powertech SMEIPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: Lakshya.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/