SME

IPO ·

BSE SME

Liotech Industries Ltd

Listed

Incorporated in 2020, Liotech Industries Limited is engaged in manufacturing of the hardware structures and accessories.

Issue details

Price band

₹321

Face value

₹10

Lot size

400 shares

Minimum investment

₹2,56,800

Issue size

₹36.03 Cr

Fresh issue

₹27.04 Cr

Offer for sale

₹7.13 Cr

Issue type

Fixed Price

Exchange

BSE SME

Key dates

Opens

17 Jun 2026

Closes

19 Jun 2026

UPI mandate cut-off

5:00 PM on 19 Jun 2026

Allotment

22 Jun 2026

Refunds

22 Jun 2026

Shares in demat

23 Jun 2026

Listing

24 Jun 2026

Subscription and listing

Subscription

1.89x

Listing price

₹257

Registrar

Kfin Technologies Ltd

Lead manager

Wealth Mine Networks

Subscription by category

Total

1.89x

Total applications

2,214

Listing day

Issue price

₹321

Open

₹257.00

High

₹257.00

Low

₹244.15

Day close

₹244.15

Listing gain at open

-19.94%

Issue structure

Shares reserved per category and share of the total issue

NII Shares Offered

5,32,000

47.42%

Retail Shares Offered

5,32,000

47.42%

Market Maker Shares Offered

58,000

5.17%

Total Shares Offered

11,22,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 46%, PAT up 42%, ROE 34.44%, D/E 0.30, post-issue P/E 17.11x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in 2020, Liotech Industries Limited is engaged in manufacturing of the hardware structures and accessories. The company produces door kits, a wide range of hinges (such as cut & butt, parliament, W, Z, and duck hinges), gate hooks, aldrop, locks, handles, tower bolts, and shelf bottoms. They offer over 150 distinct specifications catering to various industries, including housing, infrastructure, agriculture, automotive, electricity, cement, mining, solar energy, and general engineering.

Founded

2020

2020

Promoters

Hiteshbhai Mansukhbhai Bhuva, Hetal Hitesh Bhuva, Vipul Mansukhbhai Bhuva, Pushpaben Mansukhbhai Bhuva, Mansukhbhai Kadvabhai Bhuva, Femina Vipulbhai Bhuva

Hiteshbhai Mansukhbhai Bhuva, Hetal Hitesh Bhuva, Vipul Mansukhbhai Bhuva, Pushpaben Mansukhbhai Bhuva, Mansukhbhai Kadvabhai Bhuva, Femina Vipulbhai Bhuva

Promoter holding

99.99% pre-issue; 71.23% post-issue

99.99% pre-issue; 71.23% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Dec 2025

Dec 2025

51.79

51.79

8.39

5.49

5.49

15.93

4.81

4.81

30.50

FY25

FY25

40.69

40.69

6.56

4.16

4.16

10.45

4.22

4.22

19.77

FY24

FY24

27.87

27.87

4.45

2.93

2.93

6.28

3.55

3.55

14.09

FY23

FY23

8.50

8.50

0.87

0.35

0.35

2.36

1.38

1.38

4.02

ROE

34.44%

ROCE

44.45%

Debt / equity

0.30

PAT margin

10.64%

P/E post issue

17.11

Market cap

₹125.19 Cr

Use of IPO money

Capital expenditure towards acquiring machinery

₹8.00 Cr

Funding towards Repayment of Loan

₹4.95 Cr

Working Capital Requirement

₹7.00 Cr

General Corporate Purposes

₹4.33 Cr

Issue expenses

₹5.76 Cr

Strengths

✓

Revenue up 46% in FY25 to ₹40.69 Cr

✓

PAT up 42% in FY25 to ₹4.16 Cr

✓

PAT margin of 10.64%

✓

ROE of 34.44% and ROCE of 44.45%

✓

Moderate leverage: debt to equity 0.30

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.