IPO Details

About Company

Established in 2012, Lakshya Powertech Limited began as an engineering consultancy firm specializing in mechanical and electrical services. The company quickly evolved from providing freelance power generation consultancy to offering operations and maintenance (O&M) services for gas-fired power plants and large-scale power generation projects. By diversifying into the oil and gas sector, Lakshya Powertech further expanded its service offerings, strengthening its industry position. The company extended its global presence with an EPC contract in the renewable energy sector in Malaysia, while also achieving growth in oil and gas plant maintenance and repair services. Lakshya Powertech's services are divided into three key areas: (i) Engineering, Procurement, Construction, and Commissioning (EPCC); (ii) Integrated Operation and Maintenance Services; and (iii) Specialty Services. To date, the company has successfully completed more than 138 projects, with major projects totaling approximately ₹13,690.68 lakhs. **Competitive Strengths:** - Extensive expertise in project management with a focus on quality, health, safety, cost efficiency, and timely execution. - Significant growth driven by a strong order book and excellent pre-qualification credentials. - Integrated operational and management services backed by experienced professionals. - Diverse operations across various industries and economies. - Sustainable growth and solid financial performance. - Expansion of EPCC contracts and ventures into emerging renewables and green energy sectors. - Active participation in bidding for new projects. - Strong relationships with customers and suppliers. - Effective strategies for attracting and retaining talented employees. - Continuous improvement of operational controls to ensure timely delivery of services. Lakshya Powertech serves both public and private sector clients, including renowned companies like Gmmco Limited and Equinox Engineering Limited, as well as several prestigious government institutions. As of May 31, 2024, the company employed 912 staff members.