Liotech Industries IPO

Incorporated in 2020, Liotech Industries Limited is engaged in manufacturing of the hardware structures and accessories. The company produces door kits, a wide range of hinges (such as cut & butt, parliament, W, Z, and duck hinges), gate hooks, aldrop, locks, handles, tower bolts, and shelf bottoms. They offer over 150 distinct specifications catering to various industries, including housing, infrastructure, agriculture, automotive, electricity, cement, mining, solar energy, and general engineering. The company operates on a business-to-business (B2B) framework and also engages in trading supplementary products like door stoppers, magnets, table brackets, bed lifters, and bell magnets. The company own and operate a manufacturing unit located in Rajkot, Gujarat, spanning 12,632 square feet. Products: The company procures products like door stoppers, magnets, and bed lifters, selling them at a fixed margin. It also manufactures a wide range of hinges, bolts, and accessories in various dimensions. As of July 31, 2024, the company has 17 employees on the payroll. Competitive Strengths: Experienced & Qualified Team Compliance with Quality Standards & Consistency in Quality and Service Wide Range of Product Portfolio

Capital expenditure towards acquiring machinery 7.50 Funding towards Repayment of Loan 4.15 Working capital requirement 7.00 Issue Expense General Corporate Purpose