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KRChoksey: Likhitha Infrastructure IPO - Investment Rationale

KRChoksey: Likhitha Infrastructure IPO - Investment Rationale

A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)
A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Report

Likhitha Infrastructure Ltd. incorporated in 1998, is an oil and gas pipeline infrastructure service provider in India.

The company is engaged in providing oil and gas pipelines, city gas distribution projects, Cross-Country Pipeline Projects, and operations and maintenance services.

It is the first company that has executed the first Trans-National Cross-Country Hydrocarbon Pipeline Project between India and Nepal.

With over 20 years of existence, it has spread its geographical presence across more than 16 states and two Union Territories in India such as Delhi, West Bengal, Telangana, Gujarat, Andhra Pradesh, Madhya Pradesh, Bihar, Chandigarh, Haryana, Kerala, Orissa, Uttar Pradesh, etc.

Company has a strong client base in India including both the private and public players such as Oil and Natural Gas Corporation Ltd., Indraprastha Gas Ltd., Haryana City Gas Distribution Ltd., Indian Oil Ltd., GAIL India Ltd. etc.

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KRChoksey Likhitha Infrastructure IPO Note.pdf

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