LAPL Automotive IPO Details
LAPL Automotive IPO Summary
LAPL Automotive IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.
LAPL Automotive IPO price band has been fixed at ₹78 – ₹78 per share. The face value is ₹10 per share with a lot size of 1600.
Pre-issue shareholding stands at 88,00,000, which will increase to 1,20,40,000 post-issue.
LAPL Automotive IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for LAPL Automotive 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 Smart Horizon Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the LAPL Automotive Limited DRHP.
LAPL Automotive IPO Details
LAPL Automotive IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
LAPL Automotive IPO Reservation
Promoter Holding
Documents
LAPL Automotive IPO Valuations
LAPL Automotive Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 41.24 | 32.16 | 24.68 | 17.91 |
| Total Income | 48.77 | 61.2 | 60.72 | 43.92 |
| Profit After Tax | 3.4 | 2.47 | 1.21 | 1.21 |
| Net Worth | 14.32 | 10.92 | 8.45 | 6.64 |
| Reserves and Surplus | 5.52 | 7.72 | 5.25 | 4.04 |
| Total Borrowing | 14.54 | 13.7 | 7.97 | 4.87 |
| Amount in ₹ Crore | ||||
About LAPL Automotive IPO
Incorporated in 2004, LAPL Automotive Pvt. Ltd., is engaged in the business of designing, manufacturing and supply of a wide range of automotive components and accessories.
The company is specializes in the manufacturing of automotive lighting and signaling products.
The company operates as an ODM and OBM under its brand "LAPL," designing and manufacturing automotive components in Aurangabad, Maharashtra, delivering tailored, high-quality solutions to clients and vehicle manufacturers.
The manufacturing facility is strategically located in the MIDC Waluj area of Aurangabad, Maharashtra, equipped with state-of-the-art machinery, tool room facilities, and a dedicated testing lab to ensure the highest quality standards.
Product Portfolio:
- Under lighting Division: They manufactures essential automotive lighting components like tail lamps, blinker lamps, and headlamps, meeting AIS standards for safety, visibility, and durability in various driving conditions.
- Under Motor Division: They manufactures starter motors, wiper motors, and rotors, ensuring durability, efficiency, and compliance with standards for reliable performance in two- and three-wheelers under various conditions.
- Under Mirror Division: They manufactures rear view mirrors for two- and three-wheelers, offering clear visibility, durability, and anti-glare features, designed for safety, aerodynamic efficiency, and easy installation.
As on December 31, 2024, the company has employed 56 permanent employees and 188 contract labour employees.
Competitive Strengths:
- Experienced promoters and management team
- Established market setup and diversified product range.
- In house manufacturing capabilities with quality standards.
- Serving wide spectrum of vehicles segment
- Stable customer base and customer relationships.
Strength Of LAPL Automotive IPO
Risk Of LAPL Automotive IPO
Objectives LAPL Automotive IPO
1. Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra.
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company
3. General Corporate Purpose
Company Contact Details
LAPL Automotive Ltd.
Plot no. C-241,
MIDC Waluj,
Aurangabad, 431133
Maharashtra, 431133
Phone: +91 8378994623
Email: compliance@laplautomotive.com
Website: https://laplautomotive.com/
Registrar Contact Details
Market Maker
LAPL Automotive FAQs
The LAPL Automotive IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . 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 TBA, and closes on TBA.
Maashitla Securities Pvt 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 ₹0 (0%).
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