Laxyo Ltd. IPO Details
Laxyo was incorporated on April 16, 2007. The company has capabilities across railway infrastructure EPC, mining services, raise boring operations, dredging and reclamation, and O&M services for industrial and thermal plants. Its experience in civil construction in India and raise boring in Africa positions it as an integrated EPC player
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹1,500.0 M | DRHP DOC |
Laxyo issue details
Laxyo IPO issue size is ₹ 1,500.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Laxyo IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Laxyo NUMBER OF SHARES ON OFFER
Laxyo FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 110.8 | 6.2 | 4.8 | -18.3 | 12.50% |
| FY25 | 211.1 | 11.7 | 3.5 | -5.9 | 14.16% |
| FY24 | 174.3 | 6.3 | 13.6 | 0.8 | 11.11% |
| FY23 | 133.8 | 4.9 | 16.9 | 2.8 | 12.21% |
Laxyo INFORMATION ON IPO ISSUE
About Laxyo
Laxyo was incorporated on April 16, 2007. The company has capabilities across railway infrastructure EPC, mining services, raise boring operations, dredging and reclamation, and O&M services for industrial and thermal plants. Its experience in civil construction in India and raise boring in Africa positions it as an integrated EPC player
Object of the Issue
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the company
- Capital expenditure towards purchase of equipment
- Funding the working capital requirements
- General corporate purposes
Laxyo - PROMOTERS
| Name |
|---|
| Dev Prakash Sharma |
| Jai Prakash Sharma |
| Yogesh Sharma |
| Rajeshwary Sharma |
| Shreyansh Sharma |
Laxyo - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Yogesh Sharma | Managing Director |
| Dev Prakash Sharma | Chairperson & Whole-Time Director |
| Rajeshwary Sharma | Whole-Time Director |
| Shreyansh Sharma | Whole-Time Director |
| Rajendra Kumar Bajaj | Non-Executive Independent Director |
| Om Prakash Tanwar | Independent Director |
| Jeena Agarwal | Independent Director |
| Priyanshu Kumawat | Independent Director |
Laxyo Book Running Lead Manager
Indorient Financial Services Limited
compliance-ifsl@indorient.in
Laxyo Registrar to the Offer
MUFG Intime India Private Limited
laxyo.ipo@in.mpms.mufg.com
Laxyo Strengths
Diversified across businesses
The company is an integrated EPC player with capabilities across railway infrastructure, mining, dredging, O&M services, and civil construction, serving government and private clients with diversified operations that enhance stability and reduce revenue volatility. Its end-to-end solutions, recent railway commercial project, and presence across sectors enable operational flexibility, cross-sector synergies, and strong adaptability to varying market demands
Client relationship
The company has established strong relationships with Indian Railways, power utilities, government bodies, EPC companies, and private clients, enabling better understanding of project requirements and risks. These associations enhance its credibility and execution capability, while supporting future contract wins across public and private sectors
Robust infrastructure
The company maintains a sizable fleet of technical equipment, including PQRS machines, excavators, dredgers, cranes, and batching plants, supporting its asset-heavy operating model. This enables faster deployment, better cost control, and efficient project execution while minimizing delays and cost overruns
Laxyo Risks
Competition
The company operates in a highly competitive market where intense price-based bidding and strong competition from larger, well-resourced players may impact its ability to win projects. Failure to secure contracts or maintain order inflow could adversely affect its operations and financial performance
Seasonal fluctuation risks
The company’s operations are subject to seasonal and climatic factors, such as heavy rainfall and extreme weather, which may disrupt project execution and reduce productivity. Such conditions can lead to delays, underutilization of resources, and continued expenses, adversely affecting its financial performance and cash flows
Regulatory risks
The company is subject to environmental, health, and safety regulations, and compliance or stricter enforcement may increase costs, delays, and liabilities. Any accidents, regulatory actions, or legal claims could also harm its reputation and adversely impact its operations and financial condition
IPO FAQs
The promoters of the company are Dev Prakash Sharma, Jai Prakash Sharma, Yogesh Sharma, Rajeshwary Sharma and Shreyansh Sharma.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.