L T Elevator IPO Details
SME
L T Elevator IPO opens for subscription on 12 Sep 2025 and closes on 16 Sep 2025. The IPO will be listed on BSE with the tentative listing date set for 19 Sep 2025.
L T Elevator IPO price band has been fixed at ₹76 – ₹78 per share.The face value is ₹10 per share with a lot size of 1600.
L T Elevator IPO total issue size comprises 50,48,000 shares (aggregating up to ₹39.37 Cr). This includes a fresh issue of 50,48,000 shares (aggregating up to ₹39.37 Cr). Pre-issue shareholding stands at 1,41,15,055, which will increase to 1,91,63,055 post-issue.
L T Elevator IPO carries a ₹45 (57.69%) GMP, reflecting investor sentiment.
L T Elevator IPO Lot Size : Individual Minimum is 2 lots (3,200 shares) amounting to ₹249,600. Individual Maximum is 2 lots (3,200 shares) amounting to ₹249,600. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹374,400. SHNI Maximum is 8 lots (12,800 shares) amounting to ₹998,400. BHNI Minimum is 9 lots (14,400 shares) amounting to ₹1,123,200.
The Lead Managers for L T Elevator IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Horizon Management Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rainbow Securities Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the L T Elevator Limited RHP.
L T Elevator IPO Details
L T Elevator IPO Subscription
L T Elevator IPO Application Wise Breakup
L T Elevator IPO Dates
- 12 Sep 2025Opening dateOpen
- 16 Sep 2025Closing dateClose
- 17 Sep 2025Allotment Date Allotment
- 18 Sep 2025Initiation of RefundsRefund
- 18 Sep 2025Credit of SharesCredit
- 19 Sep 2025Listing dateListing
L T Elevator IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹249,600 |
| Individual Maximum | 2 | 3200 | ₹249,600 |
| SHNI Minimum | 3 | 4800 | ₹374,400 |
| SHNI Maximum | 8 | 12800 | ₹998,400 |
| BHNI Minimum | 9 | 14400 | ₹1,123,200 |
L T Elevator IPO Reservation
Promoter Holding
L T Elevator IPO Valuations
L T Elevator Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 86.99 | 42.78 | 42.68 |
| Total Income | 56.74 | 40.63 | 34.73 |
| Profit After Tax | 8.94 | 3.17 | 1.25 |
| EBITDA | 15.23 | 6.67 | 4.05 |
| Net Worth | 45.43 | 10.74 | 7.57 |
| Reserves and Surplus | 31.77 | 6.13 | 2.96 |
| Total Borrowing | 17.30 | 14.02 | 13.64 |
| Amount in ₹ Crore | |||
About L T Elevator IPO
Incorporated in August 2008, L. T. Elevator Limited provides quality Elevator system solutions, focusing on superior service, engineering, and technical solutions. The company offers comprehensive solutions, including elevator manufacturing, installation, commissioning, and annual maintenance. L.T. Elevator provides EPC (engineering, procurement, construction) and O&M (operations, maintenance) services, operating under a "Customer First Philosophy."
The company offers a product line with innovative modular design, advanced engineering, and 24/7 service support.
The company has an in-house testing lab for quality checks supervised by qualified personnel. They integrate professional management with technology for enhanced performance, industry expertise, and proven experience to best serve our customers.
The company's manufacturing facility is situated in Chakchata, West Bengal. The manufacturing facility produces 800 elevators annually, equipped with modern equipment, ensuring quality control, following sustainable practices, and serving as an innovation hub.
As of March 31, 2025, the Company has 319 employees on payroll.
Strength Of L T Elevator IPO
1. One of the leading companies in elevators and vertical transportation.
2. Geographical presence and strategic location of our manufacturing unit.
3. Quality Assurance and Quality Control of our products.
4. Strong, cordial & long-term relationship with our customers.
5. Cost effective production and timely fulfilment of orders.
6. Well experienced management team with proven project management and implementation skills.
Risk Of L T Elevator IPO
51. The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
52. There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
53. Any future issuance of Equity Shares may dilute the investors' shareholdings or sales of our Equity Shares by our Promoters or Promoter Group may adversely affect the trading price of our Equity Shares.
54. Our Company has not paid any dividends till now and there can be no assurance that we will pay dividends in future.
55. Our ability to pay dividends in the future will depend upon our future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in our financing arrangements.
56. The Investors may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
57. Applicants to this Issue are not allowed to withdraw their Applications after the Issue Closing Date.
58. Foreign investors may be restricted in their ability to purchase or sell Equity Shares.
59. Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
60. The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
Objectives L T Elevator IPO
1. Working Capital Requirements
2. Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
3. General corporate purposes
Company Contact Details
L.T.Elevator Ltd.
Capricorn Nest 3,
Gobinda
Auddy Road,
Kolkata, West Bengal, 700027
Phone: +913324480447
Email: cs@ltelevator.com
Website: http://www.ltelevator.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
L T Elevator IPO - FAQs
The L T Elevator IPO is a SME public issue comprising 5048000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹39.37 Cr. The issue price has been fixed at ₹78 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 12 Sep 2025, and closes on 16 Sep 2025.
Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹45 (57.69%).