Liotech Industries has launched its initial public offering (IPO) today, setting the issue price at Rs 321 per share. The IPO comprises a fresh issue of 9 lakh shares aggregating Rs 28.89 crore and an offer for sale (OFS) of 2.22 lakh shares worth Rs 7.13 crore, totaling an issue size of Rs 36.02 crore.
The company intends to use the proceeds from the fresh issue for capital expenditure on machinery acquisition, loan repayment, working capital requirements, and general corporate purposes. Specifically, Rs 8 crore will be allocated for machinery purchases, Rs 4.95 crore for debt repayment, and Rs 7 crore for working capital needs.
Investors can bid for a minimum of 800 shares, requiring an investment of Rs 2.57 lakh. High-net-worth investors need to apply for at least 1,200 shares, translating into an investment of Rs 3.85 lakh. The issue has reserved 50% of the net offer for retail investors and the remaining 50% for non-institutional investors.
Incorporated in 2020, Liotech Industries is based in Rajkot and specializes in manufacturing hardware structures and accessories used across various sectors. The company operates a manufacturing facility in Rajkot, Gujarat, and offers more than 150 product specifications catering to different industrial applications.
On the financial front, Liotech has shown steady growth, reporting revenue of Rs 51.79 crore and a profit after tax of Rs 5.49 crore for the nine months ended December 2025. In FY25, the revenue stood at Rs 40.69 crore with a net profit of Rs 4.16 crore, compared to Rs 27.87 crore and Rs 2.93 crore, respectively, in FY24.
Background
The IPO comes at a time when the Indian stock market is witnessing a surge in new listings, reflecting investor confidence in the manufacturing sector. Liotech Industries' focus on diverse industrial applications positions it well to capitalize on growth opportunities in the hardware sector.
Investors should keep an eye on the IPO allotment results and the subsequent listing on the stock exchange. The performance of Liotech Industries post-listing will be crucial in assessing the success of this IPO.
