Liotech Industries Limited is engaged in the manufacturing of hardware structures and accessories. The company manufactures door kits, hinges, gate hooks, aldrop, locks, handles, tower bolts, shelf bottoms, and other hardware products. Its hinge range includes cut & butt hinges, parliament hinges, W hinges, Z hinges, and duck hinges.
The company offers more than 150 product specifications, serving various industries such as housing, infrastructure, agriculture, automotive, electricity, cement, mining, solar energy, and general engineering.
Liotech operates mainly on a business-to-business (B2B) model. Along with manufacturing, the company also trades supplementary hardware products such as door stoppers, magnets, table brackets, bed lifters, and bell magnets, which are procured and sold at a fixed margin.
The company owns and operates a manufacturing unit in Rajkot, Gujarat, spread across 12,632 square feet. The facility supports designing, manufacturing, quality testing, packaging, and logistics activities under its B2B business model.
As of July 31, 2024, the company had 17 employees on its payroll.

Liotech Industries IPO – Details
| IPO Opening Date | 01 June 2026 |
| IPO Closing Date | 03 June 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 11,22,000 Shares Worth ₹36.02 Crore Fresh Issue: 9,00,000 Shares Worth ₹28.89 Crore Offer For Sale: 2,22,000 Shares Worth ₹7.13 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹321 per share |
| Market Lot | 400 Shares |
| Min Order | 400 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Liotech Industries IPO – Date Schedule
| IPO Open Date | 01 June 2026 |
| IPO Close Date | 03 June 2026 |
| Basis of Allotment | 04 June 2026 |
| Initiation of Refund | 05 June 2026 |
| Credit of Shares to Demat | 05 June 2026 |
| IPO Listing Date | 08 June 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 03, 2026 |
Liotech Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,56,800 |
| Retail (Max) | 2 | 800 | ₹2,56,800 |
| S-HNI (Min) | 3 | 1200 | ₹3,85,200 |
Competitive Strength
- Experienced & Qualified Team.
- Compliance with Quality Standards & Consistency in Quality and Service.
- Wide Range of Product Portfolio.
Company Promoters
- Mr. Hiteshbhai Mansukhbhai Bhuva
- Mrs. Hetal Hitesh Bhuva
- Mr. Vipul Mansukhbhai Bhuva
- Mrs. Pushpaben Mansukhbhai Bhuva
- Mr. Mansukhbhai Kadvabhai Bhuva
- Mrs. Femina Vipulbhai Bhuva
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹8.50 Cr | ₹8.05 Cr | ₹0.35 Cr | ₹1.38 Cr |
| 31 March 2024 | ₹27.87 Cr | ₹24.08 Cr | ₹2.93 Cr | ₹3.55 Cr |
| 31 March 2025 | ₹40.69 Cr | ₹35.08 Cr | ₹4.16 Cr | ₹4.22 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2025) |
|---|---|
| ROE | 39.86% |
| ROCE | 50.43% |
| Debt/Equity | 0.40 |
| RoNW | 39.86% |
| PAT Margin | 10.24% |
| EBITDA Margin | 16.13% |
| Price to Book Value | 9.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 13.88 | 10.68 |
| P/E (x) | 23.13 | 30.07 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital expenditure towards acquiring machinery. | ₹7.50 |
| Funding towards Repayment of Loan. | ₹4.15 |
| Working capital requirement. | ₹7.00 |
| Issue Expense. | |
| General Corporate Purpose. |

✅Strengths
- Diversified product portfolio across polymers, petrochemicals, lithium-ion/sodium-ion cells and EV chargers.
- Established relationships with suppliers and customers.
- Sole and exclusive distributor of sodium-ion cells in India for Jianghu Highstar Battery Manufacturing Co., Ltd.
- Inventory-based model helps serve small, medium and large customers quickly.
- Experienced promoters with over 28 years of combined experience in plastics, polymers and EV industry.
⚠️Risks
- High dependence on overseas suppliers for polymers, lithium-ion/sodium-ion cells and EV chargers.
- Any price rise, supply delay, shortage, forex fluctuation or quality issue may affect margins and operations.
- Revenue is highly dependent on polymers and petrochemicals segment.
- Customer concentration risk, as top 10 customers contributed 82.40% revenue for period ended December 31, 2025.
- No long-term agreements with customers; business depends mainly on purchase orders.
- Operations rely on rented warehouse facilities, so renewal or operational issues may impact business.
Liotech Industries IPO Promoter Holding
| Pre-Issue Share Holding | 99.99% |
| Post Issue Share Holding | 71.24% |
Liotech Industries IPO Prospectus
- Liotech Industries IPO DRHP
- Liotech Industries IPO RHP
Company Contact Information
| Liotech Industries Limited Shapar Sr. No. 269 P 2, New Sr. No. 464, Plot No 21, Kotdasanagani, Shapar, Rajkot, Gujarat, 360024 Phone: +91 99787 60610 Email: info@liotechindustries.in Website: https://liotechindustries.in/ |
Liotech Industries IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: liotech.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Liotech Industries IPO Lead Manager(s)
| 1. Wealth Mine Networks Pvt. Ltd. |
Liotech Industries IPO FAQ

| What is the Liotech Industries IPO? Liotech Industries IPO is an SME IPO. The issue is priced at ₹321 per equity share. The IPO is to be listed on BSE SME. |
| When will Liotech Industries IPO open? The IPO is to open on 01 June 2026 for NII and Retail Investors. |
| What is Liotech Industries IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| What is the Liotech Industries IPO Size? Liotech Industries IPO size is ₹36.02 Crore. |
| What are the Liotech Industries IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 800 Shares for ₹2,56,800, while the maximum bid is 800 Shares for ₹2,56,800. |
| What is the Liotech Industries IPO Allotment Date? Liotech Industries IPO allotment date is 04 June 2026. |
| What is the Liotech Industries IPO Listing Date? Liotech Industries IPO listing date is 08 June 2026. The IPO is to be listed on the BSE SME. |



