Lakshya Powertech IPO allotment

Lakshya Powertech IPO allotment is expected to be finalised today. The public issue was subscribed 573.36 times, receiving bids for 17,27,64,73,440 shares against the offered 3,01,12,000 shares. The allotment status will be available on the website of the registrar, KFintech.
Those who have applied for the IPO can check their allotment status by following these steps:
* Visit the KFintech website - https://www.kfintech.com/ipostatus/
* Select the IPO name as Lakshya Powertech IPO
* Enter your PAN number or application number
* Click on the 'Submit' button
The allotment status will be displayed on the screen.
Lakshya Powertech is a provider of integrated power solutions. The company offers a range of products and services, including power generation, transmission, and distribution. The company has a strong track record of growth and profitability.
The IPO was priced in the range of Rs 171-180 per share. The company raised Rs 49.91 crore from the IPO. The proceeds from the IPO will be used to fund the company's expansion plans.
The allotment of shares will be finalised today. The shares are expected to be listed on the NSE Emerge platform on October 23, 2024.