LAPL Automotive IPO Details

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.