
Liotech Industries SME: Check IPO Date, Live Subscription and Key Details
Liotech Industries Limited, incorporated in 2020, is a Rajkot, Gujarat-based manufacturer of hardware fittings, structural components, and architectural accessories. The company's diversified product catalog features door kits, multiple varieties of hinges (such as cut & butt, parliament, W, Z, and duck hinges), gate hooks, aldrops, locks, handles, tower bolts, and shelf bottoms, offering over 150 distinct product specifications. Operating primarily under a business-to-business (B2B) framework, the company also engages in trading supplementary architectural items like door stoppers, magnets, table brackets, and bed lifters to expand its comprehensive hardware product basket. It operates from a 12,632 sq. ft. manufacturing unit in Rajkot, catering to housing, infrastructure, agriculture, and general engineering sectors.
Key Metrics
Check Live GMPGMPTimeline
IPO Opens
17 Jun
IPO Closes
19 Jun
Allotment
22 Jun
Listing
24 Jun
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 17 June 2026 | Subscription starts |
| IPO Close Date | 19 June 2026 | Subscription ends |
| Allotment Date | 22 June 2026 | Allotment |
| Listing Date | 24 June 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,56,800 |
SHNI (Min) | 3 | ₹3,85,200 |
SHNI (Max) | 7 | ₹8,98,800 |
BHNIAbove ₹10,00,000 | 8 | ₹10,27,200 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 0.00% |
| NII (Non-Institutional Investor) | 50.00% |
| Retail | 50.00% |
| Market Maker | 5.17% |
| Total | 100.00% |
IPO Objectives
- Capital expenditure towards acquiring advanced manufacturing machinery (₹8.00 Cr).
- Funding ongoing long-term working capital requirements of the Company (₹7.00 Cr).
- Funding towards the repayment or prepayment of existing borrowings availed by the Company (₹4.95 Cr).
- General Corporate Purposes (₹4.33 Cr).
Strengths
- The company demonstrates Consistent Scale Expansion, with its total top-line income expanding firmly from ₹8.50 Cr in FY23 to ₹51.79 Cr within the 9-month period ending late 2025.
- It leverages a Deep Catalog Customization strategy, managing over 150 independent product specifications spanning hinges, fittings, and bolts to smoothly service diverse engineering and housing sub-sectors.
- The business commands Premium Capital Efficiency, demonstrating highly robust pre-IPO operational metrics that track a restated ROE of 34.44% and a RoCE of 44.45%.
- It maintains a Highly Conservative Leverage profile, operating on a lean financial footing with a post-issue debt-to-equity layer successfully managed at a safe 0.30.
- The firm focuses on Focused Capital Deployment, allocating over 60% of its fresh issue proceeds directly into foundational asset building via machinery acquisitions and direct working capital injection.
Weaknesses
- The business navigates Intense Fragmented Competition, operating inside a heavily contested, fragmented, and localized architectural hardware segment characterized by minimal structural entry barriers.
- It faces Analyst Margin Skepticism, as the notable pre-IPO accelerations in net profit margins from FY24 onwards have drawn external analytical caution regarding mid-term operational sustainability.
- The firm carries a Single-Unit Manufacturing Base risk, with its core production lines remaining completely centralized inside a single 12,632 sq. ft. facility in Rajkot, leaving it highly exposed to localized breakdown or supply chain risks.
- The issue experiences Muted Non-Institutional Interest, showing highly conservative initial bidding traction from HNIs and corporate investors, securing an overall subscription rate of only 0.60x on its second day of public bidding.
Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 30.5 | 19.77 | 14.09 | 4.02 |
| Revenue (₹ Cr.) | 51.79 | 40.69 | 27.87 | 8.5 |
| PAT (₹ Cr.) | 5.49 | 4.16 | 2.93 | 0.35 |
| Net Worth (₹ Cr.) | 15.93 | 10.45 | 6.28 | 2.36 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| NII | 0.04x | 0.08x | 0.85x |
| RII | 0.24x | 1.12x | 2.97x |
| Total | 0.14x | 0.6x | 1.91x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| NII | 5,32,000 | 4,50,400 | 14.46 |
| RII | 5,32,000 | 15,77,600 | 50.64 |
| Total | 10,64,000 | 20,28,000 | 65.1 |
Company Details
- Liotech Industries Ltd.
- Shapar Sr. No. 269 P 2, New Sr. No. 464, Plot No 21, Kotdasanagani, Shapar, Rajkot, Gujarat, 360024
- +91 99787 60610
- info@liotechindustries.in
- https://www.liotechindustries.in/
Registrar Details
- Kfin Technologies Ltd.
- 04067162222, 04079611000
- liotech.ipo@kfintech.com
- https://ipostatus.kfintech.com/