Liotech Industries Announces ₹36-Crore IPO Launching This Wednesday

Gujarat-based precision hardware manufacturer Liotech Industries is all set to enter the public markets with a ₹36-crore Initial Public Offering (IPO). The offering provides a strategic opportunity for investors to participate in the growth of a specialized manufacturing player entering the SME segment.

IPO Details and Subscription Timeline

Liotech Industries will open its public subscription window on Wednesday, June 17. Investors will have a three-day window to place their bids, as the IPO is scheduled to close on June 19. Following the subscription period, the company expects to list its shares on the BSE SME platform, with a tentative listing date set for June 24.

The total issue size is comprised of two components: a fresh issue of up to 9 lakh equity shares and an offer for sale (OFS) of 2.22 lakh shares by the existing promoters. Wealth Mine Networks Ltd has been appointed as the sole book running lead manager to oversee the entire process.

Strategic Use of Proceeds and Growth Plans

The company has outlined a clear roadmap for the capital raised through the fresh issue. According to the official statement, the net proceeds will be channeled into four primary areas: capital expenditure for acquiring new machinery, repayment of existing debt, meeting working capital requirements, and general corporate purposes.

Hiteshbhai Mansukhbhai Bhuva, Managing Director of Liotech Industries Ltd, emphasized that these funds are critical for scaling operations. He noted that the investment will enable the company to upgrade its manufacturing infrastructure and enhance production capabilities. By strengthening the working capital and upgrading facilities, Liotech aims to increase its order-taking capacity and expand its geographical footprint while maintaining strict quality standards.

Business Profile and Financial Performance

Headquartered in Gujarat, Liotech Industries specializes in the manufacturing of high-precision hardware structures and accessories. Their diverse product portfolio includes essential components such as door kits, hinges, hooks, aldrops, locks, handles, and bolts. This specialization positions them within a vital niche of the domestic hardware and construction supply chain.

A look at the company’s recent financial trajectory shows steady performance. In the fiscal year 2025 (FY25), Liotech Industries reported a total revenue of ₹40.67 crore. The company also maintained profitability, recording a profit after tax (PAT) of ₹4.16 crore. These figures provide a baseline for investors evaluating the company's ability to manage costs and generate returns as it transitions from a private entity to a publicly listed company.

Key Takeaways