Finance/Money

Likhitha Infrastructure set to open IPO on September 29, 2020

Price Band of Rs. 117- Rs. 120 per Equity ShareIssue shall remain open from September 29, 2020 to October 01, 2020.Minimum Bid Lot is 125 Equity Shares and in multiples of 125 Equity Shares thereafterShares to be listed on BSE and NSEUnistone Capital is the Book Running Lead Manager to the Issue Key Strengths: Strong financial performance:For Fiscal 2020- low Debt- Equity Ratio of 0.01:1 and EPS of Rs. 13.59.For the last 3 Fiscals-Avg.ROCE over 45% andAvg.RONW over 24% Long term relationship with clients and repeat business from leading City Gas Distribution (“CGD”) CompaniesSignificant experience and strong presence in IndiaStrong project…
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