The data has been compiled from various sources and might have small difference but overall theme is to subscribe or not — we will focus on that
Likhitha Infra– (approx 32 yr old company) is an Oil Gas Pipeline Infrastructure provider in India. Focused on laying pipeline networks, Operation and maintenance of city gas distribution companies in India
Offer purpose — 61 crores to meet working capital requirement
Key Service domains – Cross country pipelines, City gas distributions including CNG stations, Operation and maintenance
Clients -Established players from Oil and Gas industry
Risks —
Major revenue from few clients may deprive the company from pricing power
Inherent risks due to long term nature of projects
Future
CGD is increasing in India and company is at right place for its business to grow with
Strong client base, Efficient business model
Strong project execution capabilities , Diversified geographical presence in India
Valuations
Seems attractive
Should we apply?
People can subscribe for long term growth prospects
Listing day may see gains . Recommended to hold and buy more if listed at IPO price +/-10%
Also Read
CAMS IPO crisp summary — Listing Awaited
Angel Broking IPO crisp summary –Listing Awaited
Happiest Minds IPO crisp summary –Listing with substantial gains
In case you have any questions/ queries, please feel free to reach me through Contact Form
Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.
Enjoy the day and your life. Don’t forget, we are alone in this grand universe and may not get a chance to live again.
ALPHA AFFAIRS 