Railway EPC Firm Laxyo Infrastructure Files DRHP with SEBI, Aims to Raise ₹150 Crore via IPO

Laxyo Infrastructure, a Madhya Pradesh-based company specialising in railway EPC (Engineering, Procurement, and Construction) services, has filed a Draft Red Herring Prospectus (DRHP) with SEBI.  

The company aims to raise ₹150 crore through its IPO, concentrating solely on fresh issue shares. 

Laxyo's IPO Structure and Objectives 

The forthcoming IPO by Laxyo Infrastructure is structured entirely as a fresh issue, with no offer-for-sale component included.  

Part of the proceeds, specifically ₹70 crore, will be used to repay certain outstanding borrowings. As of March 15, 2026, the company's total debt stood at ₹121.7 crore, with ₹86.6 crore in fund-based borrowings. 

In addition to debt repayment, ₹9.7 crore is earmarked for the acquisition of equipment, while ₹23 crore will address working capital needs. The remaining funds will cater to general corporate purposes. 

Financial Performance 

Laxyo has demonstrated considerable financial growth, recording a profit of ₹11.6 crore for the fiscal year ending March 2025.  

This marks a near doubling of profit from the prior year, which was ₹6.3 crore. Revenue increased by 21.1% to ₹211.1 crore, up from ₹174.3 crore. 

For the half-year of the current financial year, the company reported a profit of ₹6.2 crore on a revenue of ₹110.7 crore. 

Read More: Manipal Health Enterprises Filed Draft for ₹8,000 Crore IPO with SEBI! 

Pre-IPO Round Considerations 

Laxyo may consider raising up to ₹30 crore through a pre-IPO round, which will be part of the fresh issue component. This potential funding is aimed at enhancing the company's financial stability ahead of the IPO. 

Conclusion 

Laxyo Infrastructure's decision to raise ₹150 crore via IPO highlights a strategic move to strengthen its financial position. The infusion of capital is intended to support debt reduction, asset acquisition, and working capital needs, reflecting the company's commitment to growth and operational efficiency. 

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