Liotech Industries Rs 36-cr IPO to open on Wednesday

Liotech Industries, a Gujarat-based precision hardware manufacturer, is set to open its Rs 36-crore IPO on Wednesday, with bidding closing on June 19 and tentative listing on BSE SME on June 24. The issue comprises a fresh issue of up to 9 lakh equity shares and an offer for sale of 2.22 lakh shares by promoters. Proceeds will be used for capex on machinery, debt repayment, and working capital. The company reported FY25 revenue of Rs 40.67 crore and PAT of Rs 4.16 crore.