Issue Price
₹94
Per Share
GMP
+₹37
+39.36% Grey Market
Est. Listing
₹131
Expected Price
Min. Application
₹225,600
2 lots × 1200 shares
Incorporated in 2004, LAPL Automotive Pvt. Ltd., is engaged in the business of designing, manufacturing and supplying a wide range of automotive components and accessories.The company specialises in the manufacturing of automotive lighting and signalling 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 manufacture 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 manufacture 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 manufacture 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 f March 31, 2026, the company has employed 59 permanent employees and 151 contract labour employees.Competitive Strengths:Experienced promoters and management teamEstablished market setup and diversified product range.In-house manufacturing capabilities with quality standards.Serving a wide spectrum of vehicle segmentsStable customer base and customer relationships.
LAPL Automotive Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1,629,600 | — | ₹15.32 Cr | 81.03x |
| NII / HNI | 496,800 | — | ₹4.67 Cr | 435.79x |
| Retail (RII) | 1,147,200 | — | ₹10.78 Cr | 384.97x |
| Market Maker | 172,800 | — | ₹1.62 Cr | — |
| TOTAL | 3,273,600 | 100.00% | ₹30.77 Cr | 241.38x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹112,800 |
| Retail (Max) | 13 | 15,600 | ₹1,466,400 |
| sNII (Min) | 14 | 16,800 | ₹1,579,200 |
| bNII (Min) | 68 | 81,600 | ₹7,670,400 |
| Particulars | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 62.77 | 67.07 | 61.03 |
| EBITDA | 10.51 | 9.94 | 5.38 |
| Profit After Tax (PAT) | 5.64 | 5.03 | 2.17 |
| Net Worth | 22.27 | 16.63 | 11.59 |
| Total Assets | 53.46 | 44.34 | 32.79 |
| Reserves & Surplus | 13.47 | 7.83 | 8.39 |
| Total Borrowings | 17.68 | 15.79 | 13.37 |