Laxyo Limited

Laxyo Limited (New IPO): GMP, Price, Review, Profit

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Laxyo Limited operates primarily in the infrastructure development, railway logistics, and manpower services space, supporting large-scale industrial and government projects.

It manufactures railway infrastructure EPC projects (track construction, operation & maintenance) and Mining & raise boring, dredging & reclamation, and industrial plant O&M services.

It operates project-based contracts across India (railways, mining, industrial sectors) and has multi-sector presence with projects in railways, dredging, and industrial O&M.

Laxyo Ltd was incorporated in 2010 & currently Mr. Ankit Todi serves as the Managing Director & CEO of the company.

Laxyo Limited has filed its DRHP with SEBI for a proposed IPO of ₹ 150 Cr featuring entirely as a Fresh Issue of ₹ 150 Cr and no Offer for Sale (OFS).

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 150 Cr
Fresh Issue:₹ 150 Cr
Offer for Sale:₹ 00 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Laxyo Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 60.19 Cr
Revenue:₹ 211.10 Cr
EBITDA₹ 29.90 Cr
PAT₹ 11.65 Cr
EBITDA Margin:~14.16%
PAT Margin~ 5.52%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Purchase of machinery & Equipments₹ 9.75 Cr
Working Capital Requirement₹ 23 Cr
Borrowing prepayment/repayment₹ 70 Cr
General Corporate PurposeBalance

Laxyo Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 133.8₹ 174.3₹ 211.1
PAT (₹ Cr)₹ 4.9₹ 6.3₹ 11.7
Asset (₹ Cr)₹ 128.2₹ 138.3₹ 148.6
Net Worth (₹ Cr)₹ 42.2₹ 48.5₹ 60.2

Laxyo Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
07-Jun₹ –₹ –₹ –
06-Jun₹ –₹ –₹ –
05-Jun₹ –₹ –₹ –
04-Jun₹ –₹ –₹ –
03-Jun₹ –₹ –₹ –
Laxyo Limited

Laxyo Limited Pro’s and Con’s

Strengths:

  • Strong presence in railway EPC, logistics, and industrial O&M diversifies revenue streams.
  • Beneficiary of rising government spending on infrastructure and railways in India.
  • Asset-light plus asset-backed hybrid model (wagon investments + services) can support margins.
  • Order book visibility from long-term contracts provides some revenue stability.
  • Operates in niche segments like dredging and raise boring with relatively limited competition.

Risks:

  • Heavy dependence on government projects exposes it to policy and payment delays.
  • Capital-intensive operations may lead to higher debt and pressure on cash flows.
  • No clear dominant market share in any single segment → fragmented positioning.
  • Earnings can be cyclical due to project-based execution and commodity exposure.
  • IPO details (valuation, price band) still unknown → investment decision remains uncertain.

Laxyo Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Dev Prakash Sharma~ 28 %
Jai Prakash Sharma~ 28 %
Yogesh Sharma~ 28 %
Shreyansh Sharma~ 3.50 %
Rajeshwary Sharma~ 1.50 %
––

Laxyo Limited Lot Size details

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Annual Returns + Lead Managers / Registrars of Laxyo Limited

ROE19.36%
ROCE19.89%
RoNW19.36%
Lead / Book Running Lead ManagersIndorient Financial Services Limited
Registrar (RTA)MUFG Intime India Private Limited

Laxyo Limited FAQ’s

  • Laxyo is a railway-focused EPC and infrastructure company offering construction, logistics, mining, and O&M services across government and industrial sectors.
  • Laxyo Limited is raising funds via IPO to fund debt repayment, equipment purchase, and working capital, strengthening balance sheet and supporting future infrastructure project expansion.
  • The IPO includes a 100% Fresh Issue of  ₹ 150 Crore. It will be listed on NSE and BSE platform.
  • Key risks include high reliance on government projects, capital-intensive operations, and project execution risks may impact profitability and cash flows.
  • Potential upsides include strong growth in railway infrastructure, rising revenues, diversified services, and government capex push offer long-term growth opportunities.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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