Employee - Lakshya Powertech IPO

About Lakshya Powertech Limited IPO

Lakshya Powertech Limited was established in 2012 as an Engineering Consultancy and Contracting Company, recognized for its expertise in Mechanical and Electrical services. Initially launching as a freelancing consultancy in power generation, the company rapidly evolved into a multifaceted entity, expanding its focus to include Operations and Maintenance (O&M) for Gas Power Generation. This strategic pivot allowed Lakshya to engage in significant Power Generation Projects and to establish a strong presence in the Oil and Gas sector, thereby enhancing its service offerings and solidifying its position in the industry.

Engaging predominantly across four key sectors—Oil and Gas, Power, Renewable Energy, and Industrial—Lakshya Powertech organizes its services into four primary divisions: Engineering, Procurement, Construction & Commissioning (EPCC); Integrated Operation & Maintenance Services; and Special Services. By delivering comprehensive, customized solutions within these segments, the company ensures excellence at every stage of project execution, meeting the unique needs of its clients and maintaining high standards of quality.

With a distinguished track record in providing EPCC services, Lakshya Powertech has successfully managed projects across diverse sectors. The company also offers extensive Integrated Operation and Maintenance Services designed to optimize the efficiency and longevity of clients’ assets. This is complemented by specialized services, including testing & commissioning, overhauls, and refurbishing/retrofitting, ensuring optimal performance across multi-disciplinary and multi-sector projects. 

The growth of Lakshya Powertech has been guided by the entrepreneurial spirit of its promoters and the expertise of its managerial team. Together, they navigate challenges and seize opportunities, driving the company toward its strategic goals. The backbone of the organization is a skilled workforce of engineers and technicians, organized into specialized departments that focus on areas such as Project Engineering, Designing, Planning, and Supervision. Over the years, the company has successfully executed more than 138 projects, with an ongoing commitment to expanding its execution capabilities and managing multiple projects simultaneously.

Looking to the future, Lakshya Powertech is strategically positioned to address the complex demands of the digital landscape, particularly in enhancing the resilience and efficiency of Data Centres. Leveraging its expertise in emergency power generation and fuel handling systems, the company is committed to ensuring uninterrupted power supply and operational integrity for Data Centres. Currently operating in Mumbai and Pune, Lakshya aims to advance its emergency power solutions and optimize fuel handling systems for sustainability, reinforcing its role in enhancing the digital infrastructure that supports economic growth.

Lakshya Powertech Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
2. Funding working capital requirements of the Company.
3. General Corporate Purposes.