Lakshya Powertech IPO: Check issue size, GMP, price band and other details

Lakshya Powertech's SME IPO opens today and closes on October 16, aiming to raise Rs 50 crore through a fresh sale of 27.72 lakh shares priced at Rs 171-180 each. The company's shares are trading at a GMP of Rs 160. Proceeds will fund debt repayment and working capital. Listing is expected on October 23.