Liotech Industries IPO Opens Today: Price Band, GMP, and Details

The SME segment welcomes a new entrant as Liotech Industries opens its ₹36 crore initial public offering for subscription today. Investors looking to participate in this Rajkot-based hardware manufacturer's growth story must act before the bidding window closes on June 19.

IPO Structure and Investment Details

Liotech Industries has set an issue price of ₹321 per share for its upcoming IPO. The total issue size is valued at ₹36.02 crore, which comprises a fresh issue of 9 lakh shares (worth ₹28.89 crore) and an Offer for Sale (OFS) of 2.22 lakh shares (worth ₹7.13 crore).

For retail investors, the minimum application size is 800 shares, requiring a capital outlay of ₹2.57 lakh. High-net-worth individuals (HNIs) must apply for at least 1,200 shares, amounting to ₹3.85 lakh. The company has allocated 50% of the net offer to retail investors and the remaining 50% to non-institutional investors. The shares are scheduled to list on the BSE SME platform on June 24.

Utilization of Proceeds and Business Model

The company has clearly outlined its roadmap for the ₹28.89 crore generated through the fresh issue. Of the estimated ₹24.28 crore in net proceeds, Liotech plans to allocate approximately ₹8 crore toward machinery acquisition, ₹4.95 crore for debt repayment, and ₹7 crore to bolster working capital.

Based in Rajkot, Gujarat, Liotech Industries operates a 12,632-square-foot manufacturing facility. Since its incorporation in 2020, the company has built a diverse portfolio of over 150 hardware specifications, including door kits, hinges, gate hooks, and tower bolts. These products serve critical sectors such as infrastructure, agriculture, automotive, solar, and mining through a dedicated B2B business model.

Financial Performance and Market Sentiment

Liotech has demonstrated a consistent upward trajectory in its financial metrics. In FY25, the company reported a revenue of ₹40.69 crore and a net profit of ₹4.16 crore, up from ₹27.87 crore and ₹2.93 crore in FY24. This growth momentum continued into the nine months ended December 2025, where revenue reached ₹51.79 crore with a profit after tax (PAT) of ₹5.49 crore.

Per quanto riguarda il sentiment di mercato, il Grey Market Premium (GMP) è attualmente riportato a zero, suggerendo un'aspettativa di quotazione piatta da parte degli operatori di mercato non ufficiali. Wealth Mine Networks funge da book-running lead manager, mentre Kfin Technologies gestirà le funzioni di registrar. Si prevede che le assegnazioni saranno finalizzate entro il 22 giugno.

Punti Chiave